The short of it is that you are not in an either-or situation.

I need some short straight answers so I can start doing this.

Hard money is a high interest and usually short term loan that you dont want to be in for very long.

The property can be returned to operation in short order but without a recent history of revenue that will support the loan, the banks have so far declined financing.

I will start out first with wholesales and short-sales.

I purchase the property using short term financing - most of the time a 90% loan (90% of purchase and repair cost).

Unless you're doing short term flips.

And i personally think we will bounce and see and revist our short term uptrending again soon.

Thanks for the welcome....I sell all sorts of home gadgets the best thing Ive put into a home yet is called Sonos....Incredible home music server system thats inexpensive and allows the homeowner to play 2million songs from the rhapsody server..My dad and I have an office building in San Bernidino, Ca.

To make a long story short.