Updated about 8 years ago on . Most recent reply
Why do I need cash with Hard Money Lending?
I thought hard money lending would help me get started with my latest foreclosure purchase. However, I haven't been able to locate HML's that provide 100% of purchase price and 100% of rehab. Anyone have any advice for me in this creative real estate financing forum? Thanks much!
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
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HML's will want You to have some cash (skin) in the deal. You will likely need a partner with some cash.