Equity vs. Hard Money Loan…How to Decide Which is Best For You
Hard money and equity loans share a lot of similarities. They are both asset-based loans, meaning that they are backed by the value of the real estate property rather than the borrower’s credentials. Both loans are from non-traditional lenders instead of banks or national lenders. The biggest difference between hard money loans and private loans is […]
Top 3 Reasons Lenders Will Decline Your Hard Money Loan Request
Hard money loans are usually simple to obtain, which is why they are a popular choice for real estate investors. Compared to traditional bank loans, hard money lenders look past details like credit scores and income history. They are more invested in the value of the property. However, there are situations when requests for a […]