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Some investors get caught up in hard money politics when trying to secure a hard money loan. It is good for real estate investors to know the difference between hard money vs soft money. Private hard money can also be soft money in the world of buying and flipping real estate deals. Also hard money loan rates can also be a challenge for buy/flip deals. However hard...

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From: EZ- HardMoney

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Hard Money Loan Interest Rates In Boston

One of the most common questions asked by new investors is what is the interest rate for a hard money loan. Hard money loan interest rates in the Boston area typically run between 12%-15% depending on the lender. This seems high when you consider conventional rates are 3.5% - 4.5%, but hard money loans are paid short term so the sooner you repay them, the less interest you pay. For example, if you get a hard money loan with a 12% interest rate and it only takes you 3 months to complete and sell...

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From: Robert Nichols

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From: Chris Rock

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Hard Money Vs Traditional Financing

When it comes to financing the purchase of real estate, many investors opt for hard money over traditional financing. The advantages of hard money include, quick closing, easy access to capital, minimal down payment based on the value of the asset and no credit check. The downside is high interest rates and it's only a short term loan. While traditional financing offers lower rates and better terms, it is much tougher to qualify for a loan, and the process can take a months instead of a few...

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From: Robert Nichols

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