Updated over 10 years ago on . Most recent reply
Hard Money Loan Question
hard money loans have been a confusing topic for me-- main confusion being how would I be able to pay them back in time. I'm looking to purchase my first property (triplex) on a HML so I've ran the numbers on potential properties and they would be positive cash flowing properties, but there would be no way that I would make enough positive cash flow to pay them back in 6 or even 12 months. How would I go about paying back the loan??