QUICK TIPS FOR HARD MONEY SUCCESS
1. Save Some Money First!
2. High Interest Is Normal
3. Avoid Lenders Disguising as Hard Money Lenders
Some “lenders” operate under the mask of direct hard-money lenders to broker another party’s investment. Knowing this, it is in your best interest to know your Hard Money Lender before making the decision to do business with them. NFC offers free consultation before before we begin any transaction so both parties get to know each other and have a clear understanding of the whole process.
4. Work With a Transparent Hard Money Lender
5. Avoid Preying Hard Money Lenders
Some Hard Money Lenders prey on financially vulnerable borrowers with poor credits by offering them a deal too good to be true. BE VERY CAUTIOUS IF IT SOUNDS TO GOOD TO BE TRUE. The reality is both parties want a finial gains and Hard Money Lenders make their money on higher than usual interest rates and points – and no lender would risk substantial investment risk free without some catch.