What Do I Need to Get a Hard Money Loan?

For many investors, finding financing for your real estate deal is the most challenging part of the process. Without cash on hand to acquire a distressed asset, they are left scrambling to put together the funds. No matter where they turn, they run into obstacles that prevent them from closing the deal. With friends and…

Details

How Does Hard Money Interest Work?

The primary reason why hard money is considered to be more expensive than traditional financing is because of the interest rate. It’s true that lenders such as The Hard Money Co. have higher interest rates than you will see in other industries. But when you look deeper and consider all of the factors, the benefits…

Details

What are Typical Terms for a Hard Money Loan?

Hard money loans may seem intimidating, but they are very similar to conventional loans that you might get through a traditional lending institution.  The specifics may change, but they both have a structure and a set of defining characteristics that ensure the lender and borrower are on the same page. These are called ‘loan terms’.…

Details

Who Can Get a Hard Money Loan?

Real estate investing is for everyone. Investors from all different types of backgrounds find success in the business and, unlike other potentially lucrative careers, there are very few barriers to entry. The dream of becoming an investor is well within your grasp. So what are you doing sitting on the sidelines? We talk to thousands…

Details

What Is Hard Money Lending?

What Is Hard Money Lending? Hard money lending is a form of short-term, asset-based financing. Hard money loans are often used to acquire real estate for fix-and-flip projects and other types of investment ventures. Rather than focusing on your personal credit, hard money lenders prioritize the profitability of your investment project. Read on to find…

Details

When to Use Hard Money

The biggest obstacle that most people face when starting their real estate investing journey is finding reliable financing. When you’re at the beginning you likely don’t have the cash on hand to buy properties outright, and even if you do, it can be extremely risky to put personal finances on the line for investment opportunities.…

Details

Questions to Ask Your Hard Money Lender

Communication is key to a successful real estate investment. Throughout your project, you need to be able to clearly manage timelines, expectations, financing, and more to create a streamlined and profitable project. When working with a hard money lender, step one in the process is a thorough back and forth ensuring that both parties understand…

Details