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Updated over 5 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Angel Reyes
  • Atlanta, GA
1
Votes |
6
Posts

Conventional Loan vs hard Money?

Angel Reyes
  • Atlanta, GA
Posted

Im a new investor in Atlanta and I'm looking to understand the difference between a conventional loan and hard money whats are the pro's and cons and what experience you had using this tools. Is one better than the other to acquiring my first investment property?

Most Popular Reply

User Stats

86
Posts
71
Votes
Anthony Fontana
  • Real Estate Agent
  • Atlanta, GA
71
Votes |
86
Posts
Anthony Fontana
  • Real Estate Agent
  • Atlanta, GA
Replied

Hey @Angel Reyes this is a very good question. Personally, I would say to be cautious using hard money with little experience, it can be a good tool but also very risky if not used correctly.

I just shot you a PM and would be happy to provide resources for both types of loan products. 
 

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