Home flippers beware: Hard money lending is on the rise

Hard money lending is up 40%, tampering home flippers The number of “hard money” lenders is on the rise. The American Association of Private Lenders estimates that these types of non-bank lenders, who tend to give loans with higher interest rates, and similar “private money” lenders, are up 40 percent since 2016, according to Bloomberg. Though it’s hard to pin down the exact amount of hard money lenders, the group pegs the current amount of […]

source https://therealdeal.com/national/2019/06/13/home-flippers-beware-hard-money-lending-is-on-the-rise/#new_tab