What is a hard money loan? A hard money loan is a short-term bridge loan, primarily used for real estate transactions. The terms of the loan are based mainly on the value of the property being used as collateral rather than the credit history of…
Flipping houses is an increasingly popular way to generate wealth in the real estate market. Countless homes in the California, Nevada, and Arizona housing markets are ready and waiting to be flipped by the right investor. For many rehab investors, a hard money loan is…