Tricky money, fast money: When an investment won’t wait that is good

Tricky money, fast money: When an investment won’t wait that is good

Funding for flippers

Often an investment won’t wait that is good. There is the opportunity to buy an unsightly but sound home, earn some effortless improvements and flip it fast for a 25 % gain. Those possibilities don’t come around each and every day. But you’re competing with money buyers! Just how do experienced investors buy fast without having to pay all-cash? With “hard money.”

What exactly is money that is hard?

Alleged money that is“hard comes from personal loan providers, people or sets of those who place their cash up for short-term borrowing. Many genuinely believe that these loans are simply for non-prime borrowers, those who can’t get approved for funding from cheaper, mainstream sources. Continue reading

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