What Is Hard Money Lending And 5 Alternatives To Hard Money Loans

Are you looking for a fast and easy way to get funding for your next real estate project?

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What Is Hard Money Lending?

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

What Is a Hard Money Loan?

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?

Fortunately, hard money loans are relatively common for real estate investment. As a real estate investor, it provides funding options instead of a personal loan.

Pros of Hard Money Loans

- Availability - No Credit Score - Speed - Higher LTV - Payment Flexibility

- Short repayment periods - Higher interest rate

Cons of Hard  Money Loans

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