Hard money lenders are private investors that provide hard money loans, rental loans, and lines of credit to borrowers. Borrowers use hard money loans, also known as bridge loans, to purchase real estate or finance large expenses quickly by using their property as collateral.
Hard Money Lending: How Does Transactional Funding Work? If you’ve been involved in real estate beyond just buying and selling your primary home, you might have heard the term transactional funding or transactional loans.