Using Edwards Real Estate will allow you to scale projects quicker utilizing less cash and leaving you with more money for other projects. The lender will base the loan on a percentage of the projected after-repair value (ARV) of the property rather than the purchase of the residential or commercial property. Lenders will reimburse for the repairs that you have completed, which helps keep the cash flowing.

With this competitive real estate market, cash is king. What many investors have learned, though, that while cash may be king, it is not always completely necessary. Hard money loans provide investors who do not have (or want to deploy) all the cash required to fund a purchase plus renovation the ability to compete with cash buyers, while utilizing just a fraction of the cash out‑of‑pocket.