Hard Money Loans vs. Conventional Financing

By |2022-09-11T00:06:05-04:00September 10th, 2022|Categories: Hard Money, Hard Money Loans|Tags: , |0 Comments

When it comes to financing a real estate investment, you have a few options. Two of the most common options are hard money loans and conventional financing. This guide compares and contrasts the two so you can make an informed decision about financing your next real estate investment. What is a Hard Money Loan? A hard money loan is a short-term loan secured by real estate. Hard money loans are typically used by investors to finance the purchase of an investment property. (Secured by real estate means that the collateral is the property itself.) The biggest advantage of a hard