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Updated almost 5 years ago on . Most recent reply

James Carpenter's profile image
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James Carpenter
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James Carpenter
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James Carpenter
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Creative Real Estate Financing

Hard money to re-fi.

James Carpenter
Posted

If I get a loan from a Hard Money lender, how soon can i refinance the property. Do i have to wait 6 months like with a conventional loan or could i refinance sooner.

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Derek Dombeck's profile image
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Derek Dombeck
  • Real Estate Consultant
  • from Wittenberg, WI
  • Member since Dec 20, 2014
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Derek Dombeck
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  • from Wittenberg, WI
  • Member since Dec 20, 2014
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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
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That will depend on the lender you use to refinance. Also make sure your Hard Money loan doesn't have a prepayment penalty. 

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