Posted on Apr 24, 2020

Fidelity Funding | Hard Money Loans

Hard Money Loans are short-term loans that are typically secured by real estate. They can be used by investors to fix and flip property purchases (purchase and renovation of properties). Typically, an investor will purchase, renovate, and sell a property in less than a year. Hard Money Loans for flipping houses are excellent options for fix and flip projects since they enable the financing of properties that are in less than ideal condition.

What Is a Hard Money Lender?

Hard Money Lenders are individuals or private companies who lend money to investors with real estate as the primary collateral. Since, unlike banks, they are not regulated, property and borrower qualifications are more relaxed. Fix and flip investors find Hard Money Loans work well for the financing, renovation, and sale of a property. They can also be used for refinancing.

How Hard Money Loans for Flipping Houses Work

Hard Money Loans are sometimes called rehab loans.
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