Hard money loan?

Is there a way to get a 100% financed? Does it all depend on the purchase price and afv? Maybe i need someone to explain the loan process and how the hard money is lend. Thanks

Rehab hard money is one of the last bastions for 100% financing for real estate investors left in the wake of the liquidity meltdown we are currently experiencing.

A rehab HML allows for 100% financing when the sum total of the purchase price + cost of repair + closing costs (and in some cases, monthly payments) doesn’t exceed the max. ARV (after repair value).

Does that answer your question?

Regards,

Scott Miller

Thank you. I understand.