Being in real estate investment opportunities, the term connect loan, Texas will not be new to an individual. It is also called hard money or private money. A Purchase dollars loan is only a part of the purchase value. Hard money loans range from the entire purchase price as well as the rehab costs for repairing the affected property. Hard money lending products are equivalent to a charge card, where the loan provider incurs the expenses with respect to the borrower and recovers it afterwards.