Updated over 2 years ago on . Most recent reply
turnkey apartment complex
found a turnkey apartment complex with oppurtunity to add 5 more units. Would a hard money lender be willing to pay for down payment on a conventional loan and pay for rehab? or would i be better off trying to find private money to fund down payment and rehab? However if i do get hard money with a 12 month term. would i be able to refi property or take out a heloc to pay off hard money lender? Property does cash flow without having to add the 5 units.