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General Real Estate Investing

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Andrew Nesbitt
  • Antelope, CA
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Hard Money Lenders

Andrew Nesbitt
  • Antelope, CA
Posted Mar 20 2014, 18:53

How much money does a typical Hard Money Lender want you to have in the deal? For instance. Lets say a house has a $100k ARV. Purchase price is $50k and needs $15k of work. HML says they loan 65% ARV, but I don't imagine they would loan 100% of the purchase price and repairs for this situation would they?

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