What Factors Do Lenders Consider When Offering Hard Money Loans?
A hard money loan is not like other loan types. It is a loan type that people typically use for renovating homes, and it has different eligibility requirements. If you want to buy investment real estate, this might be a good option for you to consider. Before you pursue one, you might want to know what factors lenders consider when offering these loans. Here are several factors that might affect your ability to get a hard money loan.