There are multiple types of loans out there and one of the easiest to get is called a hard money loan. On the other hand, it is also important for people to avoid being lured in by an attractive loan offer because it might be expensive. When it comes to a hard money loan, there are a few important points that people should note. These can be an essential tool for investors. What Is A Hard Money Loan? As a rule of thumb, most people look at a hard money loan as a tool of last resort. This is usually employed as a short-term loan or a bridge loan. This type of loan is commonly found in real estate deals. Even though many people refer to a hard money loan as a loan of last resort, they serve a … [Read more...]