Is it a good idea to use a hard money lender in NE

[Elmer Bonilla]

Hi, is it a good idea to use a hard money lender in Omaha Nebraska? 

[Allen McGlashing]

@Elmer Bonilla

What is the reason you are looking at HML as opposed to conventional financing? What is your end goal for this property?

If you can give a little more information maybe we can get a better idea on advice to give you. HML tend to have a little higher rates than conventional loans, but they are perfect for fix and flips, BRRRRs and people with high DTI that wouldn't qualify for a conventional mortgage.