When and how to use Hard Money

[Daniel Fisher]

I am trying to use hard money for the first time. I have done three deals and they have all done very well, I have a deal currently that is on an owner financed balloon. The balloon is soon coming to an end and the owner is not interested in extending the balloon. My idea is to use hard money to finish the rehab and pay off the balloon. The deal is very good and I see absolutely no way it could go wrong, that is why I feel like it would be a great first property to try hard money on. What do you all think?

Do you see any problems with this idea?

Does anyone know a hard money that is good to work with?

Thank you for your help!