Dallas Private Money

/Dallas Private Money

“Hard Money” loans or “rehab loans” as they are sometimes called refer to non-conventional real estate loans. They are usually funded by private money sources and specialty lenders. Interest rates and points on such loans are usually higher. Terms usually range from 3 to 12 months. Hard Money loans have one basic requirement. There has to be some substantial equity in the property to give the lender a reason to invest their funds in an otherwise risky venture.

How To Get The Best Deal When Buying Real Estate

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