All Posts Tagged With: "hard money loan"

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Hard Money Lender Part 2: He’s a Rouge Slum Lord

(post by Dee) Remember our previous post about the Hard Money Lender? Well, his story took some interesting twists. After showing his property to a new investor, 2 offers were made, one $50K, another $75K higher than anything he got before – both he turned down the same way… Don’t say no, didn’t counter, and [...]

8Jun2008 | | 0 comments | Continued

Hard Money (Loan), Soft Brain (Lender)

(post by BT) Today’s call is from a hard money lender. Definition: hard money is a high-interest, short-term loan for an investment. Caller’s name: Moron! He foreclosed on someone and now has this property, a 6-family building he wants to sell FAST. He does not give exclusive listing, the usual “Just bring a buyer and [...]

30Apr2008 | | 0 comments | Continued

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