Words of caution for new investors using hard money lenders?
Wanted to get input from experienced investors in the BP community that have used hard money in the past as part of a BRRRR investment. I have a couple questions that I am hoping the community could help answer!
- What major benefits have you found from using hard money?
- What pitfalls should investors be aware of when using hard money lenders?
- Is there any insights you've gained using hard money lenders that would be useful for a new investor to know?