Hard Money Lenders
Commercial Hard Money LendersReal estate investing and purchasing real estate using rehab hard money lenders. Generally private rehab hard money lenders charge points to set up the loan and a higher interest rate. Some lenders will give you funding without asking for any payments until you sell the home. Some lenders will also loan you the money you need for the rehab. Don't set up a loan that is expected to be paid back on a short fuse. What if you can't sell the property in 1 month? What lender charges will be tacked on to extend? Are there other penalties that could affect your bottom line profit?