Hard Money Lenders Vs Private money lenders and the main difference was a video we filmed as a response to question we received. It seems a lot of hard money lenders are marketing themselves as private money lenders today and they are but really what investors know to be private lenders are individuals who are not professional money brokers or hard money lenders.
Hard money lenders charge points up front, origination fees, use draws for rehab money, inspection fees, more stringent on the interview process, and make you leave more money in the deal then a real private money lender in the sense of the term.
It is always better to find a real private money lender and use them instead of a hard money lender in my opinion and in this video I talk about the reason's I feel this to be true. A lot of new investors may not be able to raise private money so they may have to go to a hard money lender for help and from time to time we use hard money lender's in our business and they serve a necessary purpose in the business.
hard money lender vs private money lender I hard money I private moneyI private money lender I private loans I professional lender I banks I financing I Connor Steinbrook I Investor Army
