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Posted almost 8 years ago

Hard Money Bankers - Everyone Needs Money

Hard money is not just for people that don't have a lot of money. The most experienced and liquid investors reach out for hard money because when someone is trying to scale their business, they have to stay liquid and have the ability to grow. When hard money is used to scale a business, it is used as a leverage tool. It provides roughly 5:1 buying power. If you have 1 million dollars, hard money usually allows you to buy about 5 million dollars in real estate. Even the richest flippers will source out funding so they stay liquid and can move on any deal that comes their way.--

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