Not all hard money lenders are the same. Some are great. Some will cost you a deal. Here's what to look for before you sign anything. 1. Speed If a lender can't tell you if you're approved within 24-48 hours.. move on. Hard money is supposed to be fast. That's the whole point. 2. Transparency on fees Origination points. Interest rate. Draw fees. Extension fees. A good lender tells you all of this upfront. No surprises at closing. 3. They actually know your market A lender bas

I get this question a lot. "Julian, when should I actually use hard money instead of just waiting on the bank?" Fair question. Hard money isn't cheap, and it's not meant to be your forever loan. So before you call me (or any hard money lender), it helps to know exactly what problem you're trying to solve. Let's break it down. First, What Hard Money Actually Is Strip away the jargon and it's pretty simple. Hard money is short-term financing secured by the property itself, not