I'm an 18 year old with a little bit of knowledge of real estate from the many real estate books I've read. It's a field that I wanted to go into since I was 14, being related and have family friends that are agents and brokers in the real estate business. At this moment I have short, but good credit.
I've been looking to buy and flip a few houses on hard money loans. I understand that profit is made when something is bought, not sold. I just want to know the process of borrowing money. Hard money loans are short term loans, not mortgages. A mortgage will come in the future for me when I have enough to make a down payment for investment property. Thank you.
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