Hard Money Guide
What is a “hard money” loan anyway?
A hard money loan is a short-term asset-based real estate loan that is primarily used to purchase real estate by investors who either:
- Need a quick closing
- Are purchasing a property in need of repairs
- Do not have all of the necessary down payment and need a partner
- Do not qualify for or desire a conventional loan
In this free guide, you will learn more about what a hard money loan is, when to use a hard money loan, and why they’re beneficial in your real estate investing strategy. We also included a visual breakdown of how a hard money loan works.