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Hard money loans make the most sense for short term loans. Fix-and-flip investors are a good example of hard money users: they own a property just long enough to increase the value – they don’t live there forever. They’ll sell the property and repay the loan, often within a year or so.
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hard money land Loans Hard Money 101: Everything You Need To Know About Getting. – It is possible to get a hard money land loan but many hard money lenders won’t do them due to the increased risk and because not as many hard money lenders are familiar with land loans. If the land has been improved (road access, utilities, etc.) and the borrower plans to build on the property this will increase the likelihood of obtaining a.
Delancey Street, An A.I. Driven Hard Money Lender, Announces Expansion Into nyc commercial bridge Loans – NEW YORK, Sept. 6, 2018 /PRNewswire-PRWeb/ — Delancey Street, an NYC based hard money lender, is pleased to announce its expansion into NYC commercial bridge loans. With a presence in NYC and LA,