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  1. #1
    Gong Shooter PSS's Avatar
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    What kind of terms is typical for hard money loans?

    I'm thinking about refinancing the project with a different bank. Some people will have to wait for their money until that goes through. Just not sure what kind of shit they can put me in. I already am communicating with all of them.
    Last edited by PSS; 04-16-2016 at 11:23.
    To anger a conservative, lie to him. To anger a liberal, tell him the truth.

  2. #2
    QUITTER Irving's Avatar
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    Quote Originally Posted by PSS View Post
    What kind of terms is typical for hard money loans?

    I'm thinking about refinancing the project with a different bank. Some people will have to wait for their money until that goes through. Just not sure what kind of shit they can put me in. I already am communicating with all of them.
    I want to say 30 - 120 days, but of course it will depend on the lender and situation. That might be a misleading estimate on my part, but I wouldn't expect terms comparable to a bank.
    "There are no finger prints under water."

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