Rates and fees are higher, terms shorter, and loans can be tailored to the borrower's needs rather than the aftermarket loan buyers and compilers.Hard money loans are a type of private loans, hard money lenders are private lenders but not all private lenders are hard money lenders.what Jon is describing as private lenders are actually peer to peer lenders; these are individuals, usually not too sophisticated, that have a few bucks to lend and will lend to a small investor/rehabber.

Doing loans without a personal guarantee with lame justifications simply won't cut good faith dealing aspects with less sophisticated parties.

I think there are some small investors that unnecessarily putz around with LLC's to feel sophisticated about their investments, as it gives them something "important" to do ;)

A lot of people like to talk about their current business structures that are very sophisticated but I was hoping you could start at the beginning and provide details as to how you were able to really start moving things along.

The CFPB is built on a highly sophisticated (to me it seems to be) technical platform.

I don't know the legal ins and outs of putting an employee on payroll, but I will say good dependable help is hard to find.

Usually the more money a transaction legitimately requires the more sophistication the parties to the transaction have.

They are highly educated sophisticated people and they come in here all the time with their two diligence teams, attorneys and CPAs before they buy our projects.

Even the least sophisticated observer of this place would have guessed that nearly 0% of the wood could be retained.

Finally banks do go broke on occasion or change policies on lending that limit their ability to help you at a crucial time.Please note that I am not nearly as sophisticated or knowledgeable as many members on this forum, and am only speaking as a person who gets loans not gives loans.