Hard money loans are alternatives to conventional loans where private funding is secured by the value of the property loaned against. This typically leads to a faster closing for the loan as the lender isn’t as concerned with performing due diligence on the borrower as she is with ensuring the property is a sound risk.
New real estate investors are correctly advised to seek out a mentor to help them learn the business. Someone with experience can help the newcomer think through issues and bring up important considerations that might not be obvious.
networking and social media guide for the LendIt USA Forum 2016 is a great opportunity to learn from and interact with experts in real estate lending and investing.