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How to Use Private Money to Finance Real Estate Investment – A hard-money loan can have interest rates in the 'teens, require a down. Do yourself a favor and get references for a few private lenders in.
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Should You Take Out a Personal Loan for Your Business? – Related: Does It Really Need to Be This Hard to Get a Business Loan. Also, if you need a substantial amount of money — generally more than $50,000 — a personal loan may not cover your business.
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Hard money loan – Wikipedia – A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies.