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Private, hard money lenders can be a benefit in that they may be able to provide you a loan if you have credit so low that mainstream lenders won't take a risk on you.
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∙ 12y ago
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What is a private hard money lender?
A Private hard money lender is what is considered to be a loan shark. This should be your very last resort in obtaining a loan. It is a very risky entitity to get involved with a loan shark.
Where can I find a hard money lender in the Seattle area?
This lender will do hard money loans in Seattle: http://www.dlendinggroup.com/
How does a hard money lender make his profits?
A hard money lender provides a short term loan with a high interest rate and fees. Further a hard money lender will only lend if in an equity position.
Where can I find a hard money lender in florida?
You can find hard money lenders nationwide at www.dohardmoney.com.
What is a "Hard Money Lender"?
A hard money lender loans money with real estate as collateral. The rates tend to be higher than a mortgage because the loans are usually made to people in serious financial trouble.
How do money and hard money different?
hard money is a term use for private lending
need a hard money lender to fund prime real estate will share prifit half and half.?
Call your rich uncle or other family member. I don't think you'll find a private lender willing to help you. clerify your proposal. I am open minded.
What is the name given to someone who borrows money?
The lender loans money to the borrower.The borrower takes the loan out with the lender.The borrower is then in debt (owes money) to the lender and the lender is in credit with the borrower and will want the borrower to pay him/her back.
How do you use hard money in a sentence?
The investor gave hard money to the farmers. Hard money is a type of loan given by private contractors.
Is the Hard Money lender the same as a Real Estate Lender?
No, banks can issue real estate loans and mortgages but Hard Money Lenders usually have higher interest rates. Hard Money Lending should always be a last resort given their higher interest rate and lower loan to value rates
Where can I find a hard money lender online?
I'm not sure if you're looking for a lender with an online application process or just a list of lenders. If it's a list, I'd look here: http://reiclub.com/hard-money-lenders.php or here http://moolahlist.com/
What do hard money lenders do?
A hard money lender is the person who offers you money loan which is actually an asset-based loan financing. The process is usually about the borrower acquiring funds that are secured by real property.
