Black students are not only more likely to need to take on debt for school, graduates are also nearly five times as likely to default on their loans than their white. a liberal think tank based in.
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Cash Or Hard Money Only Most hard money lenders charge 16-18% interest and thousands in up-front fees. By the time you factor in the loan costs, there isn’t any profit left in the deal for you. In addition, hard money lenders have tightened up their borrower requirements over the last few years, so actually getting them to fund your deal is next to impossible!
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How Do Hard Money Loans Work Cash Or Hard Money Only I called the real estate agent immediately and he said he thought hard money was the same as cash. The agent said he assumed that a hard money loan was not a collateralized loan but rather a personal signature loan. But by then it was already too late to submit an addendum for hard money financing and the closing deadline was only 2 days away.
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