Infographic: Why Borrowers Choose Hard Money Loans

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Infographic: Why Borrowers Choose Hard Money Loans

Hard money loans can be an essential part of the business strategy for Real Estate investors these days. Not all banks lend money fast, and require lots of paperwork before pre-approval. Sometimes it can take up to 3 months to fund the conventional loan and investors can loose many fix and flip deals because of that. This is why investors prefer hard money loans more than conventional for business purposes.

Hard money loans are much easier to get approved for and can take less than 5 days to fund the whole amount. This is why investors can fund multiple deals with hard money lenders in only 30 days. To be more specific, we prepared a detailed infographic with main points of advantage of Hard Money Loans VS. conventional loans.

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