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<br>With a [http://www.retrotechnik.com/index.php/community/profile/diegocharlton21/ hard money loans sacramento] cash loan, there usually isn’t a minimum quantity of renovations required. A hard cash loan is a beautiful choice for actual property investors as a result of the loan relies primarily on the property and the deal itself; there is no such thing as a minimum credit score rating required. Moreover,  [https://beta.funtoo.org/index.php?title=User:LaunaMais61446 hard money loans sacramento] buyers using home flip financing can use any licensed contractor  [https://beta.funtoo.org/index.php?title=User:JuliusB01342 hard money loans sacramento] they want - not only one pre-authorised by the lender. Standard mortgages take at least 60 days to shut. With a conventional 203K loan, a minimum credit rating of 640 is required and a minimal of $35,000 in repairs must be completed. 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