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Updated about 2 years ago on . Most recent reply

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Frederick Wilson
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House Hacking

House Hacking/BRRRR Hybrid

Frederick Wilson
Posted

So if I got a duplex that needed work could use a hard money lender to purchase it but once it's fixed I essentially House Hack it?

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Tanner Pile
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@Frederick Wilson

With hard money you will need to refinance out of the hard money loan into a primary residence loan before living in it. Most hard money lenders wont allow you to live in the property. Using a 203k loan or private money will work better for looking to live in the property that needs renovations on a house hack.  Good luck!

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