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what is hard money in real estate

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  5. what is hard money in real estate

Asked: 2018-04-17 15:21:27

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Answered: 2018-04-18 13:17:11

Loans that are hard for you to get when buying real estate are considered hard money.

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Answered: 2018-04-18 12:16:05

“Hard money” is collateral used to get a real estate loan.

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Answered: 2018-04-19 00:43:49

The term “hard money” refers to money that is offered by private lenders to individuals who are in the process of buying property or who already own property and want to make repairs to it to turn and sell the property for a profit.

4

Answered: 2018-04-19 07:55:36

When you get a real estate loan, the money you pay in interest is considered hard money.

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