There are 7 vital steps to ensure the best and most optimum hard money loan. Skipping any of the steps may result in not being able to obtain the loan in timely manner or ending up paying more than was needed. These steps are detailed at the http://www.lendinguniverse.com . The second step involves searching for hard money investors – it is vital to search everywhere.

Since hard money loans are funded by private investors one should look for local hard money lenders by googling “hard money lender my city name” or “hard money lender my state name”. For loans of over $500,000 a borrower can also search general terms to get the nationwide lenders by googling “hard money lenders”, “private real estate loans.” It also advised to add property type. E.g. “commercial hard money loans” in case the property is commercial or “land hard money loans” etc.

There are 7 vital steps to ensure the best and most optimum hard money loan. Skipping any of the steps may result in not being able to obtain the loan in timely manner or ending up paying more than was needed. These steps are detailed at the http://www.lendinguniverse.com . The second step involves searching for hard money investors – it is vital to search everywhere.

Since hard money loans are funded by private investors one should look for local hard money lenders by googling “hard money lender my city name” or “hard money lender my state name”. For loans of over $500,000 a borrower can also search general terms to get the nationwide lenders by googling “hard money lenders”, “private real estate loans.” It also advised to add property type. E.g. “commercial hard money loans” in case the property is commercial or “land hard money loans” etc.

It may be tough to find hard money for a loan that small....it's hard for the investor to make money based on the costs they can charge you for the loan.

Hey there Jim...

I hope Dp2 doesn't mind but if you have a question about Hard Money, Dp2 may be able to help or answer some questions for you.

http://www.trulia.com/profile/id/385235

Hope this helps,

Darin