A short-term loan from private lenders secured by the property itself rather than the borrower's creditworthiness. Hard money loans offer fast approvals and flexible terms but at higher interest rates, commonly used for fix-and-flip projects and bridge financing.
Related Articles
- BRRRR Method Canada: Build a Rental Portfolio Fast
Master the BRRRR strategy in Canada. Buy, Renovate, Rent, Refinance, Repeat to recycle capital and scale your rental portfolio faster than traditional buying.
- Driving for Dollars: Find Off-Market Deals Before Anyone Else
Master the driving-for-dollars strategy to find distressed off-market properties, contact motivated sellers, and close deals other investors never see.
- DSCR Loan Application: Step-by-Step Guide for Canadians
Complete walkthrough of the DSCR loan application process for Canadian investors buying US rental properties. Documents, timeline, and approval steps explained.
- DSCR Loan Pros and Cons: Honest 2026 Investor Guide
Honest look at DSCR loan advantages and disadvantages for real estate investors. Higher rates vs. no income docs — understand the trade-offs before applying.
- DSCR Loan Requirements 2026: Credit, Down Payment, Ratios
Complete breakdown of DSCR loan requirements. Minimum credit scores, down payment amounts, DSCR ratio thresholds, and property eligibility criteria explained.
- House Flipping Costs: 5 Factors That Make or Break Deals
Master the five critical house flipping costs—purchase, closing, financing, repairs, and ARV—so you can analyze deals accurately and protect profit.
← Mortgage & Real Estate Glossary 2026 · Editorial standards