When the bills are so thick your refrigerator magnet could no longer hold them, you’ll wish you had access to hard money funding. No, this method of financing will not give you more refrigerator magnets; it will, however, help you pay those bills so you won’t have to stick them on the door of your fridge. What’s supposed to be there are pictures of your family vacations and drawings of your kids, not credit card statements and utilities? Care to start having a “cleaner” fridge door? It begins with learning what this funding method is.

Hard money loans are given by non-traditional lenders to real estate investors. Investors, in turn, use the money for their real estate deals. When the deal is closed, the loan is repaid. This creates a win-win situation for the borrower and the lender. Investors are able to proceed with their deals while hard money lenders earn money through interest rates. If you have tons of bills to pay, then you probably can’t be a lender. However, you can be a borrower – and use the money to invest in real estate.

But why gain access to this funding instead of borrowing from loans traditional lenders to start a business? Unlike traditional loans, hard money funding is released much faster. While typical bank loans need around 30 days of processing time, hard money loans can be released in just a few days. This is especially useful when you are in short-term real estate investing methods like wholesaling houses, rehabbing, or short sales. You can beat competition in the race for cheap properties if you have access to this type of financing. You can purchase the house while your fellow investors are still waiting for the banks to process their applications.

Another advantage of tapping hard money funding is the amount of money that can be released by the lender. When you apply for a house loan from a traditional lender, you will only be able to get how much you’ll need to purchase a property. Hard money lenders have a different system. They will look at what you will do with the property and then give you around 60%-70% of the property’s price after you invest in it. For instance, in rehabbing, you will make necessary repairs and improvements on the house so you can sell it for a profit. The 70% of the after rehab value is often enough to shoulder all your expenses. This simply means that you can start investing in real estate without using your own money – since you don’t have an ample amount of it yet.

Ready to clear your refrigerator of those bills? Do so now. Learn more about this funding method by going to at RehabHardMoney.com right now.