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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdvicePaying off hard money lender?
Richard Tamayo's profile image
Richard Tamayo's profile image
Richard Tamayo
  • Member since Oct 17, 2020
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Richard Tamayo's profile image
Richard Tamayo's profile image
Richard Tamayo
  • Member since Oct 17, 2020
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Richard Tamayo
1
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3
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Private Lending & Conventional Mortgage Advice

Paying off hard money lender?

Richard Tamayo
Posted Jan 19 2021, 13:25

Hey there BP friends! I'm just starting out and looking into a SFH that is bank owned. It was foreclosed and needs full remodel.

I’m assuming that I will need a hard money lender.

What are decent rates for a hard money lender?

Also how is the hard money lender paid off after refinancing the house?

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