How to Choose a Hard Money Lender

Contrary to popular belief, choosing the right hard money lender comes down to more than just who offers the lowest points and interest rates. There are a variety of criteria that should be taken into account including location, property type, credibility and more. It is important to take all these factors into consideration to be able to make a sizable profit and avoid entanglements along the way.

In this day and age, we have a luxury of choices at our fingertips. Life is a buffet and we’re filling up our plates. In the lending world, there is also a wide variety of options available and it’s important to choose which hard money lender will work best for you. You wouldn’t load up your dish with steak if you’re a vegetarian. So, we’ve created a 7-step process to follow so you can ultimately make a better decision.