Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
It's time to move on past the antiquated HARD MONEY and HARD MONEY LENDER terminology
To end the confusion once and for all we need to put a cold hard stop to using the terms of hard money and hard money lenders. Private Money can be lent by individuals and institutions. The hard money industry was the wild west. Very little difference between a"lender", a "loan shark" or a guy with a trench coat selling watches by a bodega in a New York City borough.
Today's private money industry is coming together and offering stability as well as known entities. Easy to find on google. They have brick and mortar as well as an online presence.
This is a good thing!