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Updated over 4 years ago,
First timer with questions about hard money lenders
I currently own my own and have an investment property that I use for short term rentals. Both of those were purchased with conventional 30 year loans which required a decent amount of capital. People always talk about using hard money lenders, but I’m not as educated as I’d like to be about it. Does anyone have some tips or things you must look at/consider before seeking out a hard money loan? I am located in Maine.