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Availability The cost of hard money is generally higher than conventional financing. This can be a huge advantage when a loan is being sought to avoid foreclosure or to close on a hot real estate deal that is only available for a short time. The key differences are in three parameters: 1. You may have heard of a concept called hard money lending, and you may be wondering how it differs from conventional bank financing. In addition, the money loaned is typically personal money rather than institu...
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