Ten Common Questions about San Diego, CA Hard Money

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1. What is a private money loan? Hard money loans, a.k.a. private money, are a type of loan funded by a private entity. This could be an individual, partnership or institution. The security for these loans is a considerable equity position in the real estate being financed. This means the L.T.V., or loan-to-value ratio is lower than a conventional loan. 2. Conventional loans vs. hard money loans, what is the distinction? Conventional loans also know as bank loans are unwritten or evaluat

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