There’s a misconception that hard money loans are easy to qualify for. That probably comes from the fact that, unlike traditional banks, hard money lenders are asset-focused and much more deal-oriented. They don’t ask for the long list of borrower documents and don’t...

If you need short-term capital and cannot wait months for a bank to review your commercial property loan application, hard money can get you to the finish line. But it will only work in your favor if you use it for a defined purpose and have a solid exit plan, because...

Hard money and traditional financing (sometimes called soft money) are not rivals: each one has its place in commercial real estate. The right choice depends on your situation. Are you: Buying a property that needs major repairs? Trying to close before another buyer...

At first glance, hard money loans look more expensive when you compare them with traditional commercial real estate loans. It’s true that: The rates are usually higher The terms are shorter The lender may require more equity in the deal All that said, hard money isn’t...

Because of how tough the market has been in recent years, CRE investors had good reason to look beyond traditional lenders: according to CBRE data, banks accounted for only 18% of new CRE loan originations in Q3 2024, while alternative lenders (including debt funds,...