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Updated almost 6 years ago on . Most recent reply

Jonathan Toruno's profile image
Jonathan Toruno's profile image
Jonathan Toruno
  • Rental Property Investor
  • from NC
  • Member since Jul 10, 2019
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Jonathan Toruno's profile image
Jonathan Toruno's profile image
Jonathan Toruno
  • Rental Property Investor
  • from NC
  • Member since Jul 10, 2019
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Jonathan Toruno
  • Rental Property Investor
  • NC
8
Votes |
52
Posts
Rehabbing & House Flipping

How hard is it to get hard money loan on 1st investment?

Jonathan Toruno
  • Rental Property Investor
  • NC
Posted

How difficult is it to get a hard money loan on a first time investment?

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Ashraf Spahi's profile image
Ashraf Spahi's profile image
Ashraf Spahi
  • Real Estate Agent
  • from South Florida
  • Member since Oct 24, 2016
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Ashraf Spahi's profile image
Ashraf Spahi's profile image
Ashraf Spahi
  • Real Estate Agent
  • from South Florida
  • Member since Oct 24, 2016
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Ashraf Spahi
  • Real Estate Agent
  • South Florida
17
Votes |
35
Posts
Ashraf Spahi
  • Real Estate Agent
  • South Florida
Replied

Not that hard but expect higher than usual interest rates because you don't have a proven track record. Make sure you run the numbers to see if it all makes sense

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