What is Hard Money?
The simple answer is funding that traditional lending institutions are unable to provide. You or your property may fall under those categories for a number of reasons. Let’s explore a couple and see if you need alternative investor lending.
Poor or bad credit with plenty of equity?
Flipping a property with equity but damage?
In need of repairs to increase equity for refinancing?
Need quick cash to pay off loans or until a settlement arrives?
Wholesale deals in need of bridge loans?
Developer needing room to breathe until units sold?
Large down payment but need additional quick funds?
Investor needing multiple deals funded for 6 to 18 months?