A hard money loan is a private lending alternative to obtaining traditional loans in Atlanta, GA. These loans are usually for those seeking funding in the real estate business. Hard money loans were started in the late 1950s when the credit industry was in a state of significant change. These loans are typically short term,… Read more »
3 Reasons Why Obtaining Hard Money Loans Through Private Lending Could Be Right For You
Private lending is a viable option for anyone who cannot obtain loans through traditional banks because of restrictive requirements. These restrictions often include factors such as bad credit or a short time frame. A popular form of private lending for real estate purposes, hard money loans typically last between one and five years and have… Read more »
Hard Money 101: What You Need To Know About Hard Money Lending
Just the terms loans and lending can cause unease. The thought of subjecting yourself to what’s historically been a dreaded process isn’t exactly most peoples’ idea of a good time. Still, almost everyone — at some point or another — is going to need to borrow money for something. We specialize in hard money lending… Read more »
How to Choose the Right Hard Money Loan in Georgia
You might be considering applying for a hard money loan to flip a house or even make real estate investments. Either way, these loans can be your best option to obtain the funding you need. Finding the best hard money lender in Georgia can be challenging. Yet, it will all come down to your research and taking… Read more »
Top Hard Money Lenders in Atlanta, GA
In need of a loan but denied by the bank? Hard money loans can provide you with up to 90% of a property’s loan to value. That’s a lot of quick cash. While hard money lenders in Atlanta, GA aren’t hard to come by, finding the right one is a task you’ll want to take… Read more »
How to Get Hard Money Loans in Atlanta When the Bank Turns You Down
You’re a young couple that has recently decided it’s time to stop renting from one careless landlord after another. You’re ready to buy your first home in Atlanta, but there are few hurdles you’re going to have to jump if you want to be able to purchase the perfect little fixer-upper. You know that getting… Read more »
7 Tips for Paying off Hard Money Loans in Georgia
Not including mortgages, the average American has about $38,000 of debt. If your debt includes a hard money loan, it’s one you need to pay off as quickly as possible. Fortunately, we’ve gathered some tips for you to help you save money and keep your assets. Keep reading to find out more about how to… Read more »
Choosing a Hard Money Lender in Atlanta: The Pros and Cons
Looking for a short-term loan to purchase or renovate a property? A hard money loan may be the option you need. These loans offer fast funding, often without requiring a strong credit history. So what exactly are hard money loans? And what are their pros and cons? These are the questions we’ll answer in today’s… Read more »
A Borrower’s Guide to How Hard Money Lenders Structure Loans
In the first quarter of 2018 Americans collectively owed over 8.94 trillion dollars in mortgage debt. This is not surprising since most people want to own a home at some point, whether they plan to live in it or use it as an investment. A good portion of the money Americans owe is tied to a… Read more »
Hard Money Loans Atlanta GA: Why They’re a Better Choice than Conventional Loans
The average credit score in the US is 695. An all-time high. Five tiers of ranking determine where you fall on the scale. Anything between 660 and 719 is average, but numbers below 620 are bad. Approximately 12% of Americans fall below 550. Bad credit rates affect daily life, making it harder to borrow money and apply for credit… Read more »