All Forum Posts by: Dillon Rachman
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Post: Lending on a Co-Op Condo Building in FL
Dillon RachmanPosted
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A client of mine is purchasing a unit in a building that is NOT a Condo, rather a Co-Op. I want to give him a loan, but am not sure of how the dynamics work for securing a lien on the property. Has anyone received a hard money loan, or given a hard money loan to a borrower purchasing a Co-Op unit in a building? If so, I would appreciate any help.