Days on market Hard money loan MLS 
The Close
DECEMBER 5, 2024
Hard money loans usually have much higher interest rates, often around 10% to 18%. Moreover, typical fix-and-flip lenders provide high interest rates and short-term loan products. You will also need to have money set aside for unanticipated expenses.
HomeLight
MARCH 10, 2023
If you need to finance the home with a mortgage, there are a few options you should consider: Hard money loans: These are loans from private lenders for short periods of time — they can come with higher interest rates and can be risky for inexperienced investors. That limits your risk and your days on market.
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