Hard money (private money) is a short-term, asset-based loan used for investment real estate. The capital source looks at the collateral, the rehab, and the exit — not a W-2 story. This desk brokers those files. We do not fund them.
What it is used for
Typical stories: buy and rehab, bridge between contracts, or a short hold while a longer product is assembled. If the plan is a long-term rental whose rent covers PITIA, that is usually a DSCR conversation, not this one.
How it is usually structured
- Interest-only monthly payments during a short term
- Points (origination) paid at close
- A loan sized against cost (LTC) and after-repair value (LTARV)
- An exit: sale, refinance, or a different hold product
Run the estimate on the Hard Money Loan Cost Calculator. Caps, rate, and points there are your assumptions — not GI quotes.
Business purpose / no owner-occupied
This desk is non-owner-occupied, business-purpose only. If you intend to live in the property, stop. We do not desk consumer mortgages or primary residences.
Broker, not a lender
GI Realty packages and shops the file. The capital source underwrites and, if it funds, funds. Nothing on this site is a commitment to lend, a lock, or a credit decision.