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Real estate investing takes two or three things to work well. The first thing is a value-add property. The next is your ingenuity and effort. The third thing is usually the money to do the deal. That seems to be the hardest part, but if you have the right kind of deal, it can be very easy to get. They call it hard money but not because the loan is hard. It’s because the loan is made using the hard asset as collateral. The loan depends primarily on the current and future value of the property. And the loan is often made not based on creditworthiness of the borrower but by the confidence the lender has in the borrower to get that property into a condition that would bring the future value. 

You’ll hear all about it today with our friends from Bay Mountain Capital, Will Dyer and Wayne Corley. That’s coming up in just a few minutes. 

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