Thursday, August 10, 2006

More Borrowers for Hard Money or Private Mortgages

Here are some of the reasons why an individual would want to borrow from a hard money lender.

-Preventing a foreclosure
-Buying and remodeling a dilapidated property/home
-Private business endeavors
-To improve their credit so they can receive loans in the traditional sense (i.e. banks, etc.)

To learn more about hard money lending, buy and read Private Mortgage Investing by Teri B. Clark.

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