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What are the risks of a hard money loan?
Hard money loans are a type of financing that is secured by real estate and is typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
What FICO score do hard money lenders use?
Hard money lenders are individuals or organizations that provide financing to borrowers who may not qualify for traditional financing...
Blaise Brewer
Dec 28, 20221 min read
What are hard money lenders charging?
Hard money lenders are individuals or organizations that provide financing to borrowers who may not qualify for traditional financing...
Blaise Brewer
Dec 28, 20221 min read
What are typical terms for hard money loan?
Hard money loans are a type of financing that is secured by real estate, typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
What is the difference between a hard money loan and a soft money loan?
A hard money loan is a type of financing that is secured by real estate and is typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
How much can I borrow from hard money lender?
The amount you can borrow from a hard money lender will depend on a variety of factors, including the lender's policies, the value of the...
Blaise Brewer
Dec 28, 20221 min read
Are hard money loans interest only?
Some hard money loans may be structured as interest-only loans, while others may require both principal and interest payments. Hard money...
Blaise Brewer
Dec 28, 20221 min read
Is hard money the same as cash?
Hard money is not the same as cash. Hard money refers to a type of financing that is secured by real estate, typically used as a...
Blaise Brewer
Dec 28, 20221 min read
Will my hard money lender help on site with the Flip?
Hard money lenders are individuals or organizations that provide financing to borrowers who may not qualify for traditional financing...
Blaise Brewer
Dec 28, 20221 min read
What is the purpose of hard money?
Hard money loans are a type of financing that is secured by real estate, typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
Why do people use hard money?
There are a few reasons why people may use hard money loans: Fast funding: Hard money lenders may be able to approve and fund a loan more...
Blaise Brewer
Dec 28, 20221 min read
Is hard money loan interest tax deductible?
In general, the interest on a hard money loan may be tax deductible if the loan is used to finance a business or investment activity....
Blaise Brewer
Dec 28, 20221 min read
How do hard money lenders make money?
Hard money lenders are individuals or organizations that provide financing to borrowers who may not qualify for traditional financing...
Blaise Brewer
Dec 28, 20221 min read
What are the benefits of a hard money loan?
Hard money loans are a type of financing that is secured by real estate, typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
How do you secure a hard money loan?
Securing a hard money loan typically involves the following steps: Identify the property you want to finance: The property you want to...
Blaise Brewer
Dec 28, 20222 min read
What are the types of hard money?
Hard money loans are a type of financing that is secured by real estate, typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
Do you need good credit for a hard money loan?
Hard money loans are a type of financing that is secured by real estate, typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
Do hard money loans affect credit score?
Hard money loans are a type of financing that is secured by real estate, typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
Can you pay off a hard money loan early?
It is possible to pay off a hard money loan early, but the terms of the loan will determine whether or not this is allowed and, if so,...
Blaise Brewer
Dec 28, 20221 min read
Why do investors usually favor hard money loans over traditional loans?
Hard money loans are a type of financing that is secured by real estate, typically used as a short-term loan for flipping houses or...
Blaise Brewer
Dec 28, 20221 min read
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