HARD MONEY
The term "hard money loan" refers to a type of loan that is backed by a “hard” asset, such as real estate.
If you’re a real estate investor or house flipper and you need financing for a deal, a hard money loan might be a good option for you to explore.
Hard money loans are often used by real estate investors, house flippers and real estate developers.
These types of loans can be a quicker and easier way to secure an investment purchase without the need for traditional financing or the approval process that is required by typical financial institutions.