The Different Types of Hard Money Loans
If you’re new to hard money lending, you’re probably not aware of the many different types of hard money loans real estate investors regularly use to finance new acquisitions and renovate existing properties. This growing segment of the mortgage market continues to provide capital for properties that aren't bank-financeable due to their condition or high vacancy rates. Though hard money loans are used all the time, outside the real estate industry they're not widely known or understood.