Refinancing a Hard Money Loan
I would like to know about refinancing a Hard Money Loan on a buy and hold property. My questions are:
1. If I put a down payment on the hard money loan, do I have to have a down payment for a refinancing?
2. Can I refinance for 30 years term and no down payment?
3. What is the process on refinancing a hard money loan to a long term loan?