Hard Money is Not As Hard As It Used to Be
Once upon a time, “hard money” or private capital lending evoked imagery of potentially
unsavory lenders congregating in back alleys, making loans to borrowers that simply had to be paid back
– or else!
Fortunately, times have changed and markets have become far more efficient, with private capital or
“hard money” lending evolving into being simply another arrow in the capable commercial
mortgage broker’s quiver of potentially suitable financing sources, each presenting their own pros
and cons.
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