Skip to content
Private Lending & Conventional Mortgage Advice

User Stats

38
Posts
18
Votes
Pete Abilla
  • Investor
  • Salt Lake City, UT
18
Votes |
38
Posts

Refinance after cash purchase

Pete Abilla
  • Investor
  • Salt Lake City, UT
Posted Jan 26 2020, 14:31

I have an opportunity to buy a 5 single family portfolio. No rehab needed, all with tenants already. Here’s my question:

Is it possible to get a hard money loan to purchase the whole lot, then refinance all 5 as a portfolio to pay back the hard money lender?

Loading replies...