Hard money lenders, also known as private money lenders, offer investors and individuals special financing options for property development. Unlike traditional lenders, they don’t concern themselves with credit scores or take 45 days to decide.

Doing business with a hard money lender means finishing your project on schedule as you’ll receive upfront funding for your acquisition, renovation, or construction. However, finding the right hard money lender can be tricky as the market is replete with questionable individuals. In this article, we’ll discuss the most important questions you should ask a hard money lender to avoid unpleasant incidents.