Unusual Investments

Alternative Investments | 150 ways to invest your money

150 Types of Alternative Investments – The List

56. Hard Money Loans – hard money lenders make high interest loans to real estate investors.

They make loans that commercial banks and mortgage companies won’t make.  These include fix-and-flip properties and other trustee sale acquisitions that require quick funding with almost no time for an appraisal or other underwriting.

Even though these loans cannot be easily re-sold to Fannie Mae and don’t qualify for government programs like FHA and VA, does not mean that they aren’t good loans.

Hard money loans often require large down payments and many hard money lenders walk the properties themselves to get comfortable with the collateral.

Lately a lot of real estate crowdfunding websites have made hard money lending an easy-to-access option for many investors.

Sometimes cash or hard money loans are the only options to finance a fixer-upper home.

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