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Sunmor : Real Estate Advice

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Thu Jul 28, 2011
tj schroeder - GRI, e-Pro answered:
You have a number of answers here, Grant, with conventiona wisdom, and there may still be one more possibility. Have you considered a "hard money" lender? Do you know what this is?

Generally, they are willing to take more of a risk than convensional lenders, and of course, will adjust the terms accordingly. That is, may increase the interest rate or adjust the length of the loan, or request a higher equity position.

Just a thought.
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