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Updated over 5 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Johnathan Cody
  • Rental Property Investor
  • Green Bay, WI
2
Votes |
6
Posts

How does Hard Money Lending work?

Johnathan Cody
  • Rental Property Investor
  • Green Bay, WI
Posted

As a new investor I quickly ran up my debt to income ratio with two properties(the bank wont count my rental income for two years). Ive bee looking at hard money lenders and other ways to obtain properties. How does HML work and what are some of the pros and cons? What would be a good rate from a HML?

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