Today's call focused on the differences between these two. Feel free to fast forward to the last 10 minutes of the call.
In short:
- Hard money lenders are companies that pool their $ together, and they vet the flippers and the deals. less risky than private, in my opinion. On average, about 10% return on your investment.
Here is my screenshot of me investing my self-directed IRA with a reputable hard money lender company.
If you are interested in an introduction ( this isn't paid), it's to help you. Let me know.