Have someone used hard money lenders to real property?

[Albert F.]

I have been sitting on the fence for quite a while about getting hard money to start the first investing. I keep hearing it's good way to star. My problem I'm so scared since they charge higher interest and points, and I don't know how it would work in order get any profits at the end?have someone had done successfully any investment using hardmoney lenders and want to shear the experience.

[Ryan Fagan]

The best thing you can do is always work out the deal in a spreadsheet like excel.  You can factor in the cost of the Hard Money loan vs Cash vs Conventional Financing.  The numbers don't lie, and they will show you what the best option is.