For anyone seeking residential hard money loans, time is of the essence. The major reason that people seek this kind of unconventional financing is because banks simply take too long, or they are unable to meet the increasingly strict criteria that the lending institutions put forth.

The reason real estate investors choose to use hard money loans is that they are a source to purchase and rehab property to make a substantial profit that they may not have without the use of this expensive money. These short term loans are expensive and even if they were legal for a home owner to borrow from the private lenders offering these loans it would never be advisable.

There are a number of uses when it comes to the term “Angel”. You have the traditional protective version typically called Guardian Angels (both real and the ones with a beret). You also have the more proactive uses. Examples include Angels in the Outfield – a kids baseball movie where real Angels help the Anaheim Angels baseball team find their confidence again. Also, Angel investors that help small businesses or start-ups with initial capital. But what are Networking Angels?

Incase you are among the people who cannot wait for that long, you can opt to approach your friends or relatives to help you come up with capital. Since some will require you to pay them back, you will need to have a good plan on how to repay your debts and avoid straining your relationships with close friends or relatives.

Accredited Investor lists and databases can help raise capital fast. If you’re a business owner seeking expansion capital or a startup company seeking seed capital, the last place you are going to look, in this economy, is the institutional lending industry. Many people are finding success with raising capital from accredited investors.