What is a “hard money” loan?

It has been incorrectly described as “hard” to find or “hard” to pay, but typically it is a secured real estate loan for investment purposes.  The property is often enhanced via renovations that improve the value.  The property is then sold or refinanced.  The property provides the security in the event  of default by the borrower.  We are most interested in creating long term relationships helping good borrowers successfully invest in real estate.

By |2013-10-17T19:07:46+00:00November 27th, 2012|0 Comments

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