For buyers that are financing their property, we recommend a hard money or bridge loan. Many of the properties with the most potential are distressed, which makes them ineligible for long-term financing. A short-term, hard money loan provides the flexibility to purchase, rehab and list a property in only a few months. Additionally, a hard money loan allows you to borrow against the projected value of the renovated property, rather than the appraised current value, which allows you to fund repairs and renovations.