WHAT IS HARD MONEY LENDING AND 5 ALTERNATIVES TO HARD MONEY LOANS

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Hard money lenders can help. Let us dive in and understand what is hard money lending. What are the pros and cons, and how to find hard money lenders?

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What Is Hard Money Lending?

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The loan is based on the property, meaning that the borrower’s creditworthiness is not what is taken into account when making a hard money loan offer.

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How Does a Hard Money Loan Work?

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Pros of Hard Money Loans

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They are relatively easy to get and a relatively common form of financing for many real estate investors.

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WHAT IS HARD MONEY LENDING AND 5 ALTERNATIVES TO HARD MONEY LOANS

Hard money lenders can help. Let us dive in and understand what is hard money lending. What are the pros and cons, and how to find hard money lenders?

What Is Hard Money Lending?

Hard money lending is a short-term real estate loan obtained from private investors or individuals at rates higher than a traditional lender.

The loan is based on the property, meaning that the borrower’s creditworthiness is not what is taken into account when making a hard money loan offer.

What Is a Hard Money Loan?

How Does a Hard Money Loan Work?

As such, you can’t get a hard money loan without owning a piece of real estate. Fortunately, hard money loans are relatively common for real estate investment.

Pros of Hard Money Loans

They are relatively easy to get and a relatively common form of financing for many real estate investors.

Availability

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