Buying Condo or Townhouse - Posted by Lakisha

Posted by Shane on February 05, 2002 at 18:31:38:

Hardmoney lenders have no specific criteria. Basically they loan money to investors who cannot acquire conventional financing or because of turnaround time find it more profitable to use hardmoney. Are you trying to acquire this property to live in or as an investment? Why don’t you feel conventional financing is the way to go? Perhaps some lenders have told you that you don’t qualify but I assure you just because you may not qualify for programs they offer that doesn’t mean you can’t find financing. Answering your other question normally any property that can be mortgaged can be refinanced. Any other questions or if you have any details please feel free to email me. Shane

Buying Condo or Townhouse - Posted by Lakisha

Posted by Lakisha on February 05, 2002 at 13:47:25:

Will a hardmoney lender loan money for the purchase of a Condo or a townhouse? If so what do I need to do to get a mortgage?