A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies.
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Hard Money Lenders For New Investors Here are the main benefits this lending option offers to investors: hard money loans are a good fit for wealthy investors who need to get funding for an investment property quickly, without any of the.
A hard money loan is a short-term loan primarily used for real estate transactions and contrary to a popular myth it’s not because it’s "hard" to get. Traditional real estate loans like a personal mortgage are based on the borrower’s personal ability to repay the loan.
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