AUDIO = Getting All The Funds You Need With Hard Money Lending
BATTLECALL GUEST EXPERT: Bob Beckman, Rehab Funding
Lee Parker interviews Alan Cowgill on the ins and outs of hard money lending. Sometimes using a traditional lender just doesn't make sense. The lender's guidelines are too restrictive or something about the deal just doesn't work within standard frameworks. Or the deal needs to be closed extremely fast. Using private investors, often called "hard money lending", is another way to get the deal done. As a mortgage broker or loan officer, these are finance channels you may want to consider, or at the very least, should be aware of.
