What is a Hard Money Loan?
Hard Money is an asset-based loan that typically comes with a short maturity, as well as a higher interest rate and fee, but offers much quicker access to funds for investors.
Hard money or private lending is an excellent real estate tool, as long as you understand how to take advantage of what it offers in order to profit from it. Hard money loans can be used for acquisition financing, acquisition and renovation financing, or renovation financing and can vary depending on each unique situation.
Milwaukee Hard Money currently lends to business entities for investment purposes only, such as an LLC or corporation.