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Updated over 3 years ago on . Most recent reply

Account Closed
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Hard money lenders vs typical mortgage loan?

Account Closed
Posted

Hello BP family !

I have an opportunity to purchase a couple of properties, that will be rentals, as a package deal. My question is should I use a hard money lender or go the traditional route? I already have four other properties but they were a combo of cash and mortgaged homes?

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974
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
637
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974
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
Replied

@Coy Estes

If you can get traditional loans, do that. The traditional loan interest rates and terms are far superior to hard money.

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