How Do You Pay Back a Hard Money Loan? Real Estate Financing Explained!

One of the biggest questions about hard money loans is: How do you pay them back? 🤔 Here’s how it works: ✔️ Interest-only payments – No principal payments while the loan is outstanding. ✔️ Encourages speed & efficiency to complete your project. ⏳ ✔️ The goal? Pay it off quickly by selling or refinancing the property. ✔️ Typical loan terms: 6 to 12 months – it’s meant to be short-term! ✔️ High-interest rates, but we’ll dive deeper into why it makes sense for investors. If you’re in real estate, understanding hard money loan repayment can help you maximize profits and minimize costs! 💬 Have questions? Drop them in the comments! 🔔 Subscribe for more real estate investing insights! #HardMoney #RealEstateInvesting #FixAndFlip #HouseFlipping #PropertyLoans #RealEstateFinance #WealthBuilding #InvestmentLoans