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Updated over 4 years ago on . Most recent reply

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Cameron Pendergraft
  • Rental Property Investor
  • Prairie Village, KS
36
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62
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Hard money for Primary Residence?

Cameron Pendergraft
  • Rental Property Investor
  • Prairie Village, KS
Posted

Has anyone ever used a hard money lender to purchase a primary residence through a cash sale and then refi'd the hard money lender out a few months down the road with traditional financing? Any ideas are appreciated.

Cameron

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @Justin McElroy:
Originally posted by @Jay Hinrichs:

that can be done.. there are very few HML that do owner occ.. given the QM rules.. but they are out there .. I know there is at least one who is real in LA.

Hi @Jay Hinrichs

I'm looking to apply this strategy in Los Angeles - is this lender you speak of in LA - Los Angeles or LA - Louisiana? :) If Los Angeles, would you kindly be able to message me their contact info?

Appreciate it!

LA and I cant remember the name of the company. you will need to google around but there is one or a few in LA that will do these

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JLH Capital Partners

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