Rehab Properties Thriving Hard Money Loan Secrets Revealed
Benefits of Using Hard Money Loans for Rehab Properties
One of the main benefits of using hard money loans for rehab properties is the ability to leverage your investment. By borrowing a significant portion of the purchase and renovation costs, you can spread your capital across multiple projects, increasing your potential returns. Additionally, hard money lenders often base their loan amounts on the after-repair value (ARV) of the property, allowing you to secure more funding than the property's current value might suggest2.