Do Hard Money! Your ultimate Hard Money Lending machine in North Carolina

Let’s evaluate today what is hard money?

Hard Money Lending is actually lending based upon a hard tangible asset and there has been a whole different hard money lending specialties/types. There is hard money lending for businesses that get themselves in trouble or hard money lending for businesses that need capital in a quicker manner where borrowers don’t necessarily concern themselves about the management or the structure or the cash. There is hard money lending that works for commercial properties. There is hard money lending that works for development projects and raw land assets. But there is also hard money lending that is flash cash what we like to call, which is really short term you know one day funding or simultaneous funding that is a type of hard money lending too.

At Do Hard Money, we do Hard Money Lending with its right spirit. What we believe and it is pretty well known in the industry is that hard money lending is purely based upon the asset and its actual value and not based upon the borrower’s personal qualifications. So no matter what your credit score looks like or no matter what you have going on in your personal life, you can get a loan as long as you are buying a good worthy property. I think that is the key point of indulgence when it comes to hard money lending as either hard money lenders lend on the asset of the property versus asset of the individual. So as a true hard money lender we are going to look at a property and if there is enough value in that property regardless of the borrower’s credit scores we will still do loan.

The bottom line is that for hard money lenders it is not about the borrower it is about the property, it is about value of the asset, it is about the collateral. It is not about what the borrower brings home, it is not about what the bank statement says about him, it is not about his tax returns, it is not about where he lives or how he lives, it is not at all about his prior experiences. It is not about anything other than value of the property. So if you are talking to any hard money lender and they are putting more weight on you as the borrower than property, you are for sure looking for the wrong type of lender. It is not a hard money lender. That is pseudo residential regular lender. If some one is concerned about you as the borrower they are not a hard money lender. Hard money lenders care about the value of the property that’s it.

An at this point I must say that we feel and experience the true essence of hard money lending at Do Hard Money Lenders in North Carolina as we purely value the asset or property for which the borrower from real estate realm is asking for a loan. We don’t care about borrower’s personal qualifications rather we concentrate on asset and if it’s worth it to grant a loan, we lend.