1. – Most hard money lenders have strict requirements and they are very cautious before they approve any loan request. However, the loans can have destructive effects to people who If you have the cash at hand required for a down payment for a house but the banks let you down, this can be a good option.

    Getting A Hard Money Loan How Does a Hard Money Loan Work? – Rehabber Pro – The pros and cons of using Hard Money loans.. in the world, but if you have a ” Great Deal” you will most likely get approved for the loan.