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    2 Replies Latest reply on May 19, 2009 12:33 AM by leonardrosen

    Are you aware of the opportunities in Hard money lending?

    leonardrosen Newbie

      Conventional financing for commercial real estate as well as residential is almost gone. Only borrowers with 700 fico scores with full documentation are able to secure financing for real estate in today's markeplace.

      However, hard money financing is a viable option for many borrowers. We see borrowers utilizing hard money lenders for the acquistion of reo properties and short sale.

      Yes, hard money is more expensive than conventional financing, but the higher cost of funds can be factored into the equasion.

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