Every week, FCTD receives inquiries from people who are not good matches for hard money loans. It's important to remember that hard money loans are primarily used by real estate investors as short-term financing solutions to acquire vacant commercial properties, or properties needing major renovations before qualifying for long-term bank financing. This active and experienced real estate investor is the ideal borrower, and best positioned to secure hard money loans. But in this blog post, I want to discuss the opposite – the borrower who is not a good fit for a hard money loan – and suggest alternative solutions better suited to these financing needs. It can be frustrating to waste time pursuing a loan that just doesn’t exist in the hard money lending world.