Though the real estate market is down in most places across the nation, there are still a number of hard money lenders available, if you know where to look.  A hard money loan is an alternative means of financing apart from the traditional lending industry.  Hard money lenders are individuals that are seeking to get a “more then average” return on their investment. 

Below is a list of active hard money lenders.

  1st Quick Funding

Blazevic Funding Group

BlueWater Funding, LLC

Brookview Financial, Inc.

Equity Development Corporation

Lighthouse Capital Funding, Inc.

SDI Funding

Valuation Mortgage Capital

These are a few hard money lenders that can fund your closing.  You can also network at investor club meetings, search in financial newspapers and newsletters, talk with people with money in IRA’s, 401K, mutual funds, stocks or bonds, or anyone with equity in their property.  Most hard money lenders will outline their payment options, but the best option is to allow the interest to accrue until the house is sold and they get one check for the principle and interest. 

With this information, you should be able to fund your next rehab or great deal.  Happy Investing!