Borrowing Process

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I want to get a loan from a hard money lender for a pre-foreclosure. How does the transfer of the money occur? .



1)Do I get the total of the loan at once or would it be by parts?



Loan by parts



2) if that is the case would the first part cover the acquisition of the house ?

3) when do I get the rest of the loan ?





I read an article that confused me a lot











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