Hard money loans are a type of short-term loan commonly used in real estate transactions. As opposed to “soft” money loans that come from banks, hard money lenders are typically individuals or lending companies more comfortable with a riskier loan. The reason they’re considered “riskier” for lenders is because, while they do sometimes involve a…
A bridge loan might be the right option if you need to finance a commercial real estate purchase or refinance an existing commercial real estate property.