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Updated over 8 years ago,
First Time - Hard Money
I have my first deal in the works, I've analyze the number several times. The residential market in Houston, TX is holding steady and I am sure I can flip the property in 90-120 days. I am thinking of going with a Hard Money lender for this first deal. What should I be aware of when working with Hard Money lenders as a newbie? I don't want my eagerness to get a deal under my belt to cloud my judgement regarding working with hard money lenders.