could someone tell me what exactly the term "hard money" means?
money from a lender that used private fund primarily used for rehabs. Usually charge 3-4 points (3-4%) for a fee, give 65-70%LTV loans, with an interest rate of 12-16%
money from a lender that used private fund primarily used for rehabs.
Usually charge 3-4 points (3-4%) for a fee, give 65-70%LTV loans, with an interest rate of 12-16%