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Hard Money Loans
What is the typical down payment for a hard money loan?
Borrowers usually need to provide a down payment of 20% to 40%.
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Related Questions
What is a hard money loan?
A hard money loan is a type of asset-based financing where the loan is secured by real property, often used by investors...
How does a hard money loan differ from a traditional bank loan?
Hard money loans are typically faster to obtain, have more flexible terms, and are based on the property's value rather ...
Who can benefit from a hard money loan?
Real estate investors, house flippers, and individuals looking to purchase or renovate properties can benefit from a har...