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Difference between HML, Equity Parter, and Private money
Hello,
I am a new to the game and I am trying to wrap my head around some of the terms I see used a lot on these forums. I would like to know the difference between hard money lenders, equity partners, and private money. To me, it sounds like these are very similar ways to receive money for deals without going the conventional route of getting a mortgage. Are the deals structured differently between the three, or what are the main differences?
Thanks
Braden