what are hard money lenders
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Hard money loan – Wikipedia – 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. Interest rates are typically higher than conventional commercial or residential property loans, starting at 7.7%,  because of the higher risk and shorter duration of the loan.
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Hard Money Loans. A hard money loan is a short-term financing option used to fund the purchase and/or renovation of an investment property. Hard money loans are commonly used by real estate investors for fix-and-flip projects, renovations and rehabs of rental properties, or simply to facilitate the speedy purchase and transfer of real estate.
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