Although it seems a little dishonest and was once considered taboo, in this competitive market, it has become more common.

They are great for short-term strategies, such as to gain a competitive advantage by paying cash for a property before refinancing, fund a rehab, or to even make private loans, but they shouldn’t replace long-term financing.In this day of 3-4%, 30-year, fixed-rate loans, why would you take a chance that interest rates will go up?

The company could attract new talent to the area, adding to the already competitive housing market.https://www.bizjournals.com/au...

Also the rates are competitive with a banks.

I can show you how to leverage hard money to stay more competitive.

As it relates to the competition, there is very limited new product in this market. 

We felt very alone while witnessing shady real estate practices.They lack integrity, professional ism, and failed to prepare necessary documents.

Assuming, getting a new property under contract before selling my property won’t hurt the strength of my offer if it is a competitive situation, it seems like a great approach.  

There were others there looking so there would probably have been some competition, and the condition of property was a little worse than expected so I let that one pass. 

I'm 23, so I'm young and lacking knowledge but not lacking time, money, or willingness to learn. thanks, BP family!