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Updated almost 8 years ago on . Most recent reply

Peyton Lawler's profile image
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Peyton Lawler
  • from Cromwell, Connecticut
  • Member since Jun 17, 2017
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Peyton Lawler's profile image
Peyton Lawler's profile image
Peyton Lawler
  • from Cromwell, Connecticut
  • Member since Jun 17, 2017
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Peyton Lawler
  • Cromwell, CT
4
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26
Posts
Real Estate Deal Analysis & Advice

Advice on hard money loan for property

Peyton Lawler
  • Cromwell, CT
Posted
Hello, I'm new to real estate investing and was wondering if anyone could give their thoughts on me getting a hard money loan on a property for sale for $69,900 which doesn't need any repairs and brings in $1,700 a month in rent. It's a three bedroom multi family home that last sold for 150,000 in Jan 2009. Would I be able to get a hard money loan and refinance to a conventional loan? Thank you for your thoughts and help!
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