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Private Lending & Conventional Mortgage Advice

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Lesley Ray
  • Architect
  • San Francisco, CA
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First BRRRR, Hard Money vs. Traditional Loan

Lesley Ray
  • Architect
  • San Francisco, CA
Posted Jul 17 2018, 21:29

Hi all,

I'm looking to purchase my first investment property in Cleveland, OH. I plan on utilizing the BRRRR method and am currently feeling torn on whether to obtain the property with hard money vs. a traditional loan. I view the benefits of hard money as being able to purchase a property in cash but obviously with that convenience comes higher interest rates.

I was wondering if others have favorable impressions or experience with one over the other for BRRRRs.

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