v2.19 - Hard Money Loans & Character-Based Lending (ft. Will Harvey)

When individual fix-and-flip investors need a loan to purchase and rehab a property, they usually don't get a bank loan – instead, they go to a private lender for a hard money loan: a short-duration note, secured by a first lien on the property.And while hard money loans are a solid tool for house flippers, they're also a powerful asset class for the investors who fund the notes. Hard money lender Will Harvey, of Harvey Capital, joins Dustin and Adam to walk through what it can look like as a passive investor.The conversation covers how debt-based returns differ from equity-based real estate investing, where hard money sits relative to other forms of private lending, and the risks specific to lending against transitional real estate.A clear look at hard money as an asset class – what it offers an LP, what it doesn't, and where it might fit in a portfolio.Episode Release Notes & Resources:Harvey Capital: https://harvey-capital.comEmail Will: [email protected] episode on YouTube: https://www.youtube.com/watch?v=kmkGzVru2j8See all Wealth Independence episodes at https://www.wealthindependencepod.comConnect with Dustin:Big Spring CapitalLinkedIn (/in/TheDustinBailey)Twitter/X (@TheDustinBailey)Connect with Adam:Bidwell CapitalLinkedIn (/in/AdamJPenn)This show is for informational purposes only and is not financial, investment, legal, or tax advice, and does not constitute an offer to buy or sell securities. All investments carry risk, and investors should always conduct thorough due diligence and consult with qualified professionals before investing.