Hard Money Lending Do's & Don't

[Sharon Tzib]

It's a whole new ball of wax than conventional lending. Would love to hear from any of you who use hard money to finance rehabs, what are some of the pitfalls to using them? What are the incentives? What should an investor always be on the lookout for - terms, gotchas, scams, etc.

Any and all opinions, advice and or stories about hard money lending would be helpful.