Debunking the Misconceptions: 5 Hard Money Lending Realities You Need to Know
Hard money lending harbors several myths. Some assume it's solely for individuals with poor credit, but it's actually favored by investors needing rapid capital. While interest rates may seem high, they offer quick access to funds based on property value. Contrary to belief, reputable hard money lenders adhere to regulations. Moreover, hard money lending extends beyond house flipping, catering to various real estate transactions, and providing borrowers with flexibility and opportunity.
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