With the recent upsurge in residential foreclosures nationally, homeowners are finding themselves in a very unusual predicament. Over the last 7, borrowers with less than perfect credit fell into a category called :sub prime borrowers”. This class of borrower was able to obtain a mortgage with little or no documentation. The lenders were all too…

Just because banks aren’t lending out money doesn’t mean the money lending trade went bottoms up. Smart investors are always searching for sources to invest their money into for profit. Financial Institutions… are not necessarily one of these. It’s no wonder they are trying to hang onto their money like a fat kid’s last toffee…

What is a hard money lender? I have heard the term in internet advertisements and by word of mouth, but was not really sure what they were or how they work. I looked into it a little bit and found that they are actually just private individuals with a little extra money that they make…

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