Primarily used in real estate, hard money loans are short-term financing solutions often chosen for property flipping or securing urgent funding. Understanding common exit strategies for hard money loans helps the borrower successfully navigate the repayment process without penalties or loss of property. Here are some of the most common exit strategies to consider when… Read more »
The average American has about $38,000 in debt, excluding mortgages. It is no surprise that more than a third of the population has bad credit ratings. Hard money lending provides easy access to cash for real estate investors to grow their portfolios, their credit scores notwithstanding. A traditional mortgage loan is often pegged with a… Read more »
Not including mortgages, the average American has about $38,000 of debt. If your debt includes a hard money loan, it’s one you need to pay off as quickly as possible. Fortunately, we’ve gathered some tips for you to help you save money and keep your assets. Keep reading to find out more about how to… Read more »