Effective Hard Money Lender with RE Investor Hive
What is Hard Money Lender?
A real estate hard money lender is a private individual or company that provides short-term loans secured by real estate. These loans are typically used by real estate investors who need fast funding or who may not qualify for traditional bank financing.
Key Characteristics of Hard Money Loans:
- Asset-Based Lending
- The loan is primarily based on the value of the property, not the borrower’s credit score or financial history
- Short-Term Duration
- Terms usually range from 6 months to 3 years, ideal for fix-and-flip projects, bridge loans, or quick purchases
- Higher Interest Rates
- Rates are higher than conventional loans, typically 8% to 15%, due to increased risk
- Faster Approval and Funding
- Loans can be approved and funded within days, versus weeks or months for traditional loans
- Lower Loan-to-Value (LTV) Ratios
- Lenders often provide 60–75% of the property’s value, requiring the borrower to put in more equity
This is where RE Investor Hive truly stands out — it brings investors together to collaborate on opportunities where the financial outcomes are mutually beneficial.
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If you have any questions about this page, please contact us:
-The Hive Team
