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EVERYTHING to Know about Hard Money - Why Use Hard Money, How to Qualify, How Much It Costs
This video is a beginner's guide to hard money. Learning how hard money loans work is the 1st step to a successful house flipping career. Many people ask me why use hard money to fund flips instead of a conventional mortgage. Hard money is a lot more expensive than conventional mortgage, but it has its advantages when it comes to flip houses with hard money. This video explains the difference between hard money loans and conventional mortgages, and why use hard money to flip houses. I will also tell you how you can qualify and how to get hard money to fund your flips. Lastly, the video shows you how much does hard money cost with an example, and explains how much money you need in the bank in order to close on the purchase of a flip. Once you finish watching this video, you'll have all the answers you need about how hard money works and you'll feel more comfortable to flip houses with hard money.
This video tells you everything you need to know about hard money with all the hard money basics. If you are a beginner in house flipping, this video is a must watch as it explains what you need to know about hard money.
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