866-461-2695 ken@hardmoneyman.com

No matter your profession, whether it be investing in real estate, rehabilitating or building properties, or fixing and flipping properties, chances are high that you’ve found yourself faced with the necessity for loans to cover project expenses. When it comes to these types of projects, borrowing from a bank isn’t always an option considering their strict requirements for approval, and if your credit and employment history is less than perfect, then you can count that out entirely. If this is the case for you, then hard money lenders are your answer.

If you’re new to the professions listed above, then it’s likely you haven’t heard of hard money lending, and that’s because we don’t deal with owner-occupied or homeowner loans – we just deal with you; the landlords, the fix and flippers, the real estate investors, the contractors, etc. Essentially, hard money loans are loans offered from a private investor or small group of private investors – us – and are based solely on the property in question, rather than your personal credit history. If you’re still unsure whether a hard money loan is the right choice for you, consider these points:


When it comes to complex loan situations, hard money lenders such as ourselves are able to be quite flexible and innovative than traditional lenders. We operate under our own individual loan criteria, giving us the freedom to overlook many of the strict regulations that most banks and credit unions are faced with, enabling us to base our approval of your loan strictly on the value of the property and your plans for it.


If you’re attempting to get a loan from the bank for one of your properties, it’s likely that if you aren’t rejected for the loan, it’s going to take quite a while for them to go through all the steps necessary to push the loan through. This process can sometimes take up to a month, if not longer, and when you’re working on fix and flip or rehab projects, you don’t always have the kind of time they need from you. With us, however, we are able to help you close the deal within a week, and sometimes – depending on the circumstances – in as little as 24 hours.


Finally, as a borrower with a necessity for a financial loan, there’s always the chance that you may not be limited to simply credit issues. When you deal with banks for these types of loans, they look for snags such as property disputes, divorce, liens, foreclosures, or past unemployment when considering the denial or approval of your loan. With hard money lenders, however, we consider the value of the property first, and the strength of your financial situation second. Because of this, our interest rates do tend to be higher, but this also ensures that nearly anyone looking to build, flip, or invest in a property is able to do so as quickly, easily, and efficiently as possible.