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“I am about to buy a home and the seller is offering me a loan at an interest. An individual with limited resources could operate only in the hard money market. Hard-money lenders lend strictly on.
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In other words, you can borrow money. home equity loan. Home equity loans and HELOCs also call for stability. If you.
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Hard Money Network serving ALL of Florida! Hard Money Network is provided by investors who offer equity loans for free and clear properties in Florida. We at AHL Hard Money Network are a lead and marketing company that connects borrowers with hard and private money investors and we provide educational resources on hard money for potential borrowers.
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Most hard money lenders charge 16-18% interest and thousands in up-front fees. By the time you factor in the loan costs, there isn’t any profit left in the deal for you. In addition, hard money lenders have tightened up their borrower requirements over the last few years, so actually getting them to fund your deal is next to impossible!