Financing question

[Brandi T]

I have found two properties that I am interested in trying to buy - the problem is they will be my first two investment properties. I can get conventional financing for one, but not the second because I have no history of rental income.

It seems an option is a "hard money" loan for the second property - can someone explain how those loans work? Also, I was going to post on the "Need Money" forum but I don't have authorization so how do I find someone that works with these types of loans?

Thanks (I'm in Colorado, FYI)