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Updated over 5 years ago on . Most recent reply

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39
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9
Votes
Encarnacion Gutierrez
  • Pasadena, CA
9
Votes |
39
Posts

Hard money to conventional

Encarnacion Gutierrez
  • Pasadena, CA
Posted

I have a killer deal I was going to wholesale but I decided to keep keep because of the discount. I need to close fast with hard money, but I want to convert the hard money loan to a convention loan ASAP. How can I do this in escrow? Will a delayed double escrow work here?

How can I avoid the 6 month seasoning period?

Most Popular Reply

User Stats

39
Posts
9
Votes
Encarnacion Gutierrez
  • Pasadena, CA
9
Votes |
39
Posts
Encarnacion Gutierrez
  • Pasadena, CA
Replied

@Shannon Wright

This is what using u sweat and his to do...essentially the hard money acts as a bridge loan. I will have to pick your brain, I know some people wholesale this way

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