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Hard Money Lenders – No/Low Cash To Close, Bad Credit 801-692. – These are all intangible or "soft" assets. Hard money loans, on the other hand, are based on a "hard" asset or the value of the property, so hard money lenders don’t usually ask for documentation of income or any of that messy stuff when we are funding a fix and flip investment.
Small investors chasing big returns with private real estate lenders – David Hansel, the company’s president, said that void is especially prominent in so-called fix-and-flip projects with short turnarounds times, creating a market for the so-called hard-money lenders..
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