The hard money or private loan can, under the right circumstances, provide borrowers with an easy to obtain loan. Unsurprisingly, it is getting increasingly popular, with the lending environment in banks remaining very unfriendly to borrowers. Indeed, there are numerous reasons as to why these loans are now so common. Recent years have seen major […]
The fact that the world of hard money lending is growing is readily apparent. Exactly how much it is growing, however, has been somewhat of a surprise to many. In fact, the HousingWire Tech100 List has recently announced that lending is the new tech. Applicants include heavy hitters and innovative disruptors…. But make no mistake, […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] [/column] [column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Commercial lenders have to look at what the future holds and how their business will continue. While it is important to be optimistic, it is equally important to be realistic and be ready for any worst-case scenario. Private lending […]
[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] [/column] [column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] There are numerous hard money lenders in this country and their services are highly appreciated. One of the reasons for that is that there are still a lot of distressed and foreclosed properties for which traditional lenders are reluctant to […]
A lot of people who want to move into the property investment market will soon find that they would like to know about hard money lenders. They don’t really know who they are, where to find them, whether the conditions of their loans are suitable, and so on. If this you, it’s important to learn to […]
Home flipping has become increasingly popular again over the past few years. Real estate investors shunned it as a result of the Great Recession, but they are now once again cautiously optimistic. In fact, according to a report by Attom Data Solutions, 2017 was an 11 year high. ATTOM Data Solutions, curator of the nation’s […]
A lot of people are interested in taking out hard money loans, particularly if they want to purchase a fix and flip property or a rehab property, which banks won’t usually lend against. Indeed, there has been a significant increase in interest in these types of loans, which are usually taken out for around a […]
A hard money loan is a unique financial construction. It is a short term loan and is offered as interest only. These loans are perfect for those wanting to purchase distressed rehab properties, for which it is impossible to get a traditional mortgage. The interest rate on a hard money loan tends to be a […]
Last year, almost 208,000 single-family homes and condos were flipped in the United States. In the state of Wyoming, the average gross profit from flipping a house was $33,475. When a new investor starts the process of flipping a house, it’s easy to get confused and overwhelmed. The right choices can earn you a pretty […]
Once upon a time, borrowing against a home was very easy to do. Today things are a lot different. Although it does not necessarily mean that it is impossible to get a mortgage anymore. Rather, it means that you are likely to have to seek out an ‘alternative lender’ instead. Indeed, regardless of whether you […]