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  Maybe it sounds too good to be true--the profit that real estate investors make from buying houses and immediately selling them for a higher price (a technique known as "flipping" the property). Or maybe you believe it can be done, but only by an "inner circle" of real estate professionals. The good news is that anyone can invest in real estate, even if they have poor credit, no job and no money to pay down. How is that possible? Through hard money lending.

   Hard Money Lending in a Nutshell

   Hard money loans are a form of real estate financing that is virtually risk-free for both the borrower and the private lender, because hard money loans are asset-based--the quick-sale value of the house serves as the collateral. Many times, there's no need for a personal guarantor! Hard money loans differ from conventional mortgages in that the money comes from one or more private lenders, not from an institution such as a bank or mortgage company. Hard money lenders are a very specialized type of mortgage broker, and must understand and abide by federal and state predatory lending laws. In addition, they often have access to private money that is ready to invest!

   The hard money lender can either work with private lenders individually, raising money from them for specific deals; or can lend private money that the investors have already pooled, with specifications about which types of loans the funds can be used for. In the latter case, the hard money lender collects the funds for the "pool" and is able to make decisions on most new loan requests without approaching the private lenders individually.

   Whether the private lenders are involved personally or through a pool, the mortgage payments are often collected by a loan servicing company. This company then either sends checks to the private lenders or to the private money pool, which then issues checks back to the private lenders for a percentage of the collections.

   How to Profit from Hard Money Loans    There are many scenarios in which a real estate investor can use hard money lending to finance real estate deals and make a substantial profit. For example, the real estate investor might buy a pre-foreclosure property directly from the buyer, who will likely settle for a lower price in order to make a quick sale. Or the investor might buy a bank-owned property, which can lead to a very good deal because banks often don't know how much such properties are worth.

   Another very popular technique is the "fix-and-flip"--buying a distressed property, rehabbing it and selling it.

   The above strategies are all great ways to make money using hard money lending--but they're just the tip of the iceberg! For more of the top 10 ways to use hard money to make big profits--including detailed real estate strategies--see www.hardmoneycourse.com.

   Finding a Hard Money Lender

   It can be difficult to find a hard money lender, because most of the mortgage brokers that advertise their services are conventional mortgage brokers. But private lenders will not use a conventional mortgage broker, because doing so might jeopardize the loan. So where does the real estate investor look?

   You can find hard money lenders by asking closing attorneys, real estate attorneys, other mortgage brokers, or insurance agents. Once you do find someone who is a hard money lender, make sure they really are by asking a few questions.

   For instance, ask if they are familiar with predatory lending laws (hard money lenders are required to be familiar with both state and federal predatory lending laws and to keep up with changes in those laws). Ask them straight out if they deal directly with private lenders, or go through another broker. The person who deals directly with the private lenders is the person you'll want to get to know.

   For an even easier way to find hard money lenders, visit www.hardmoneycourse.com, where you'll find a directory of hard money lenders.

   How to Start Building Your Wealth through Hard Money Lending

   Wealth building through real estate investing is a path to success that's open to everyone, regardless of your education, occupation or current financial situation. But to become truly successful at real estate investing, you must learn the system, the language of the deal, the strategies to use, what hard money lenders and private lenders are looking for in a deal, and many more tips and tricks based on real-world hard money experience.To start learning all that information--and more--right away, visit www.hardmoneycourse.com today. Why delay your success any longer?