In this video we are going to discuss the Hard Money Loan and review a Hard Money Lender that I have been working with for years. When teaching about investing in real estate you always get asked "how do I get money to invest" or "I heard you can get a hard money loan, but where do I find a hard money lender". This video addresses just that.
A hard money loan is really just a loan from a private lender that usually comes at a fairly high interest rate for real estate investing or growing your business. Interest rates can range from like 8% - 14% with 6 month to 1 year terms. Hard money lenders come in all shapes and sizes from personal lenders, to mid size niche lenders, to massive nationwide lenders with billions in loan origination.
In building your real estate investing team you most likely will have to have a hard money lender on deck so that they can originate a hard money loan for you when the time comes. Remember really good deals will move quickly so having all your ducks in a row make a difference. Lastly you can often submit offers as cash with a hard money lender as they sometimes will share statements and letters of credit with you. Here it is hard money loans explained!
This video is for you if have you ever asked: How to get hard money loan How to get hard money loan for a flip How to get hard money loan with no money down - doesn't exist How to get hard money loan for investors
My Hard Money Lender Asset Based Lending - Hoboken New Jersey
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By: ENTP LIFE Title: Hard Money Lenders | What Is A Hard Money Loan? | Hard Money Lender Review Sourced From: www.youtube.com/watch?v=TXP2pFjkrhI
