You dont have to do the deal to make money.

Maybe you change it to a 12 month lease at $x or MTM at $x plus more money.

Traditional bank loans can be slow and have strict requirements, while hard money and private lending seem to offer more flexibility.For those who’ve secured funding before, what’s been your experience?

Definitely saved a lot of money.

It really makes a difference when you use pros that specialize in REI and how they can help your money work for you. 

I'll do this before my tenants move out however, my intention for this is so they can get the most of their money back.

Or is the money better spent elevating the master experience overall? 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

A good condo board should be saving money for larger projects as they are known in advance (eg every 25 years you need a new roof). 

Best way to think about hard money is as a bridge loan.