866-461-2695 ken@hardmoneyman.com

If you’re in the business of real estate, flipping property, or a property rehab professional, chances are high that you’ll be faced with expenses which are too costly to handle from your own pocket. Sure, you can borrow the money you need from a bank if you have perfect credit and a solid employment history; however, many may find that they don’t quite meet the minimum requirements for a bank loan, especially not of the magnitude you need, and not in enough time. This is where hard money lenders like us come in, and we may just be able to help you with your financing needs.

If you’re new to the business, hard money loans may not be something you’re familiar with. This is understandable; after all, we don’t deal with owner-occupied or homeowner loans, so it’s likely this may be the first time you’ve needed one. Hard money loans, essentially, are loan from us – private investors – and go off of the value of the property itself, rather than your personal credit score. If you’re still not convinced that a hard money loan is what you need to flip that property, here are three reasons to consider:

Circumstances Of The Borrower

As someone in need of a financial loan, credit issues may not be the only limit you find yourself faced with. When considering whether to approve or deny a loan, banks also look for issues such as:

  • Liens – especially those still open;
  • Property disputes;
  • Divorce;
  • Unemployment, or;
  • Foreclosure.

These elements also decide whether or not your loan is approved, and even if you are approved, these checks can take quite a long time to go through. As hard money lenders, we lend on the value of the property first, putting the financial strength of the borrower second. Due to this, our interest rates are typically higher than those of traditional loans, but this ensures that nearly anyone building, flipping, or investing in a property is quickly able to get a loan from us to meet their needs.

Quick Approval

As stated above, getting a traditional loan from a bank can be difficult and time-consuming due to the checks they must perform and the strict regulations and paperwork they have to go through before approval. These processes can take up to a month, if not more, and sometimes in this business you just don’t have that kind of time. For instance, if you have a flip project where you need to acquire the property, hard money lenders can help you close the deal within a week – sometimes even as little as 24 hours.


Hard money lenders tend to be more innovative with complex loan situations, and due to this, we can offer more flexible terms than conventional lenders. We operate under our own loan criteria and have freedom to overlook many constraints that banks face, and this enables us to base approval on your plans for the property.