Advantages of Borrowing from Hard Money Lenders

**rehabhardmoney** · 02-05-2010, 05:30 AM

According to experts, HMLs are the perfect loans for buying investment properties. Because lenders of HMLs do not care about a borrower

**khelzy09** · 02-08-2010, 01:39 AM

some hard money lenders provide 100% financing for some deals, which is something that cannot be given by banks and other traditional lending institutions. In addition, some HML lenders can take care of property repairs, allowing real estate investors to maximize their budget and minimize their expenses

**real estate investing** · 02-10-2010, 01:41 AM

There are so many hard lenders out there, as a matter of fact most real estate investors now are looking for a private hard money lender and fast hard money lending.

**marketguru** · 02-13-2010, 12:04 PM

HML are great for investors for several reasons:

They close quickly
FICO are more flexible
LTV are more flexible

In my experience of working with our lenders is that the most weight is put on the experience of the borrower, exit strategy, and if it really makes sense, everything else is flexible