What’s considered rural for the purpose of getting hard money?

[Mike Schorah]

Is it a certain population? And why do hard money lenders always say NO to rural locations?

[Tsipora Smith]

A hard money lender is asset based. They secure the money they lend to you with the asset. Meaning if you default they liquidate the asset. It is harder to liquidate a rural property simply because the population size reduces the possible prospects to sale the home to.