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Updated almost 8 years ago,

User Stats

285
Posts
98
Votes
Alex Shaughnessy
Pro Member
  • Real Estate Investor
  • Spring Valley, CA
98
Votes |
285
Posts

Isnt hard money same as cash?

Alex Shaughnessy
Pro Member
  • Real Estate Investor
  • Spring Valley, CA
Posted

I think im a bit confused about hard money. I found a deal that said cash only. given the fact I didn't have that much cash, do not have the network yet to get private funds, I decided to look into a hard money lender. I was told if they want cash then they cant finance it because it is still technically a loan. I was under the impression that for people in my situation dealing w/ cash offers, ppl go to hard money because it was the same. am I misunderstanding? thanks

  • Alex Shaughnessy
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