Hard money loans can be a good deal

I have some clients who understand a hard money loan is a good deal. They understand that on a low dollar amount loan that the closing costs really increase the cost of the loan compared to a hard money loan. Also for the short term a hard money loan can work well. For people with sporadic income or cash income it can work well too. Hard money loans close quickly with minimal documentation. If you have 30% down and want an easy fast close, a hard money loan may work for you.