Wednesday, February 15, 2006

Part 1 - What Exactly is a Hard Money Lender Anyway?

Steve Cook - Part 1 - What Exactly is a Hard Money Lender Anyway?: "Private or 'hard money' lenders are private individuals with surplus money available for investment. Some have deep pockets while some have limited resources. Based upon their own personal criteria, they lend this surplus money, primarily on a short-term basis, to real estate investors who use it for a variety of profitable purposes including buying and repairing distressed properties.


Why is it called 'Hard Money'?"
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