Skip to content
Private Lending & Conventional Mortgage Advice

User Stats

4
Posts
2
Votes
Kesia De La Fuente
  • Investor
  • La Porte, TX
2
Votes |
4
Posts

Should I use a hard money lender?

Kesia De La Fuente
  • Investor
  • La Porte, TX
Posted Oct 20 2016, 09:58

Hi, I'm a newbie investor and we are thinking of getting our first buy/hold property. The house is selling for $118k and the comps are renting at $1500-1800 month. The house needs minimal work about $3-5k. 

We are thinking of doing a conventional loan and just renting it. We shouldn't get a hard money lender for this deal right? 

Loading replies...