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Updated about 4 years ago on . Most recent reply

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Kaden Dayton
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Question on different funding/loans for real estate flip

Kaden Dayton
Posted

Hey Everyone! 

This might be a dumb question but what is the difference between a hard money loan and a personal loan you could receive from a bank or a site like credible? Because I haven't really heard of using a personal loan as an option before when reading up on ways to build capital to invest! So I was just wondering if there was something I was missing, or if a hard money loan is very similar to a personal loan and that's why I've never heard it referenced? 

Thanks so much for whatever info y'all got!

Kaden Dayton 

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