Hard Money Lenders - Why do you not use them to leverage your deals?

[Ben Stoodley]

Hi All,

I have found the vast majority of Real Estate Investors do not use a Hard Money Loan as a source of funding their deals simply due to the fact that they do not know enough about the process. In the RE Investment industry, it can be very difficult to qualify for a conventional loan, especially in the flipping business. Given the competitive nature of the business, leveraging your deals and increasing ROI seems like a great way to strengthen your offers. So, my question is, what is the main reason you do not consider private or hard money loans as a viable option? 

Thank you all!

Ben