Thursday, March 4, 2010

Do Hard Money.com compared to other lenders

As Do Hard Money has been expanding into additional states we have been met with some resistance from other Hard Money Lenders. These lenders have criticized Do Hard Money lending practices as “irresponsible lending”, or “not the norm” other have criticized that Do Hard Money is “adding to the problems this country is facing” .

At the end of the day we take all of these criticism as complements. First off not one of the criticisms comes from borrowers; they all come from other hard money lenders. The root of the problem the other Hard Money Lenders have is that we will do financing with no money down from the borrower. Secondly that we do not require any monthly payments. Our company was built by real estate investor’s not retired bankers and people from the financial sector. We realize that equity in a property you are purchasing has value just like cash. We also realize that rehab and retail investors run into problems and challenges along the way so not having to make payments are a major benefit. In addition many rehab and retail investors get so into the project they forget what day of the month it is because they are working round the clock.

We are not aware of any other Hard Money Lender that offers what Do Hard Money.com does for investors. I am sure that is why we are causing such a stir for other Hard Money Lenders. We are different! We are not the Norm and we will never be.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

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