If you’re in the market for real estate to invest in you have to move fast. You’re on a short timeline if you want to close the deal of your dreams. It can take anywhere from 30-60 days to get approved for a loan. By that time, the property won’t be there. So what do… Read more »
Do you have bad credit? If so, you already understand that a poor credit score can affect everything from the type of credit cards you’re eligible for to whether or not a landlord will rent an apartment to you. Bad credit also means that it can be difficult to get a loan from traditional banks… Read more »
Are you into flipping homes? Or do you need some quick money for another real estate program? If so, don’t run to a financial institution looking for help. Chances are, by the time your loan is approved the property will be gone. Instead, consider getting a hard money loan. If you’re located in Georgia, look… Read more »
Hard Money Loan Rates. A hard money loan is one of the easiest ways to get money fast. It’s a great option if you are trying to flip a house or can’t get credit. The downside is that these loans often come with high-interest rates. Before you take out a hard money loan, it’s important you understand what… Read more »
Have a little money that you’re looking to invest? Investing in rental properties or fixing up and flipping houses can be a profitable undertaking. But these types of investments require a substantial amount upfront and you might not have quite enough. Banks aren’t interested in lending to you since your credit report is less than… Read more »
Ever heard of hard money loans? Don’t worry, they’re not loans that are doled out solely in coins. That would be a royal pain! Rather, they are loans that come from private lenders rather than institutions. Plus, they usually require some form of collateral from the borrower. In some cases, hard money loans are just… Read more »
There’s a lot of misconceptions that surround hard money and soft money loans. Often, people don’t realize the distinguishing factor between these loans is their purpose. To obtain a hard money loan from an investor, one must indicate a specific purpose. Soft money loans, on the other hand, are easier to procure as they don’t… Read more »
Roughly 80% of the American population currently have out a loan product. That number sheds light on the fact hundreds of millions of people have turned to responsible lenders to help them through financial pinches in their lives. No matter your reason for doing so, if you’re thinking about borrowing money you may be struggling to find… Read more »
You’ve been considering purchasing a home in the near future, but aren’t sure how to fund it. Well, hard money loans for real estate may be your golden ticket. But what’s so special about a hard money loan? Why shouldn’t you go with a traditional home loan? Hard money loans differ significantly from traditional loans… Read more »
You’ve found the flip of a lifetime, but you’re short on cash. Or maybe you’re looking for construction financing but you’ve been turned down by a bank because you don’t meet all the credit requirements. Whatever the reason, there’s a potential solution: a hard money loan. But how do you find the best hard money lenders… Read more »