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Hard Money Loans - Why you should add these to your investment mix
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This year I decided to add hard money loans to my investment strategy. As of late I haven't been able to find too many high equity deals and I'm sitting on a decent amount of cash.
A local investor asked me to fund one of their projects and I decided to take the leap. Keep in mind I only fund the purchase of the asset and not the rehab.
I'll only lend on assets that will cash flow if the original borrower defaults.
If you have any additional questions than connect with me on Facebook or stop by my website, Commercial Lease Locators
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