Updated over 5 years ago on . Most recent reply
Hard Money Loan as Down Payment
Hello BP,
I am looking to purchase a rental in my town and don't have the capital available right now to give a down payment for the property. Setting up bank financing won't be a problem. Has anyone ever used a hard money loan as a down payment for a property? Or are there any lenders on here that would work with me? Thanks in advance.
Most Popular Reply
No hard money lender is going to take a 2nd position nor will just about any bank