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What is a hard money lender?
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what is a hard money lender
- What are some successful case studies of using hard money loans? What are some examples of projects that are well-suited for hard money financing?
- What is the application process like for a hard money loan? What documentation is typically required for a hard money loan application?
- How can you avoid default on a hard money loan?
- What is a debt service coverage ratio (DSCR) and how is it used in hard money lending? What are the typical DSCR requirements for hard money loans?
- How can real estate agents benefit from understanding hard money lending?
- What is an escrow account and how is it used in hard money loans?
- What is a hard money loan for estate planning purposes? How can hard money loans be used to facilitate estate settlements?
- How do you diversify your investments in hard money loans?
- What are the potential consequences of inadequate documentation?
- When might a developer choose a hard money construction loan over a bank loan? What are the typical draw schedules for hard money construction loans compared to bank loans?
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