Hard Money loans is an effective way of getting fast money with almost no documentation. Hard money loans are collateral-based real estate loans made by private investors instead of banks. These loans fill a need for funding when banks won't lend for any reason, there are credit problems, or there isn't time to obtain conventional financing to secure a purchase or get cash from the equity in a property. These types of loans are sometimes referred to by different names such as private money loans, private equity loans, or bridge loans. Sometimes it is easier to get a hard money loans, than conventional loan. Especially if time isthe essence of the deal.
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