Costs when using Hard Money

[Jerika Demos]

Hello everyone! 

I have found a property, well it kinda found me. I think this was all meant to be. An, although I am scared *hitless to jump in, I would be so dumb to not even try! So, here I am trying to figure out the money piece :D. Please, help a sister out! 

With zero capital (for now) I will either need a personal loan or hard money. As of right now, I am leaning towards hard money. 
When borrowing hard money, besides the higher rate and closing costs are there other fees that someone should be aware of? Are the closing costs higher? I am playing with numbers, but would love to have a better idea of what exactly to put. 

I really hope I can make this work. This project would be a challenge, but I am so ready to take it on. 

JD