Updated about 6 years ago on . Most recent reply
Typical Hard money terms
What are the typical terms a hard money lender looks for? Is $10,000 sufficient to show hard money lender I have skin in the game? Is it okay to get a great property under contract while not exactly knowing where my funding is going to come from? I don't make a lot of money during my day job and would rather get into buy and hold but I want to do a hard money flip or two to get enough capital for a first buy and hold. Any advice would be welcomed.