One of the best tools for real estate investors is HARD MONEY. If you don’t know what that is or how to use it be sure to watch this video!
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Can you imagine doing deals without having to put any of your own money at risk? It’s possible with hard money lending!
Traditional lending is not the best option when it comes to real estate investing. Getting deals means finding properties that need rehab so you can get them at a discounted price. Banks won't lend on properties that can’t pass inspections...but hard money lenders will that is the idea behind hard money loans, they are asset based lending!
Hard money lenders can seem intimidating if you don’t know what you are doing, I primarily work with hard money lenders in all of my deals so I’m going to give you some pro-tips on working with hard money lenders. Topic of this video: hard money lending explained.
You can utilize this lending method to tap into seemingly infinite amounts of capital to do deals with. Hard money lenders will love working with you if you follow the tips I give you in this video because they will get MUCH larger returns on their money which is why they lend in the first place and without having any risk yourself you will be able to do deals over and over again.
Use hard money as a tool, tap into this source and it will change the way you do real estate investing. Don’t get beat up by hard money by not knowing what you are doing...educate yourself FIRST but I definitely recommend using hard money or private money loans it is a deep, deep well of money that you don’t want to miss out on!
Keep watching and subscribe!!
Website:
Clubhouse: @bradhovis
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By: Brad Hovis
Title: Hard Money Lending Explained...Get Loans with No Credit and No Bank
Sourced From: www.youtube.com/watch?v=yRcpDEzVw0A
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