May 5, 2018
This year I decided to add hard money loans to my investment strategy. As of late I haven't been able to find too many high equity deals and I'm sitting on a decent amount of cash.
A local investor asked me to fund one of their projects and I decided to take the leap. Keep in mind I only fund the purchase of the asset and not the rehab.
I'll only lend on assets that will cash flow if the original borrower defaults.