Private Lending

You've seen the informercials: "Be a real estate investor without using your own cash and no credit!" Here's one way that makes it possible.

Key Takeaways

• House flippers use private lending to quickly get in and out of projects.

• Most private loans are short-term with very high interest rates.

Photo by Tierra Mallorca on Unsplash

What is Private Lending (or hard money loans)?

A hard money loan is a short term loan that many flippers use to be able to get in and out of projects. While leveraging th…