You’ve applied for a housing loan with your local bank. After waiting for a few business days, you find out that you’ve been denied. You’re not alone in this. Nearly 11 percent of all people were denied a home loan in 2017 alone according to the Customer Financial Protection Bureau. There is an easier way […]
Obtaining money for an upcoming project can be hard if you choose the traditional route which utilizes a bank or credit union. It can mean a lot of time spent sitting in an office, signing too many papers, and playing a waiting game that you may lose. An exciting discovery for businesses and individuals looking […]
Hard money lenders have definitely found their niche in the real estate industry. This unique form of loan is extremely common in the residential housing arena. But why are we seeing an uptick in the number of lenders taking part in the action? Unlike traditional mortgage loans provided by banks, hard money lenders use the […]
Most people aren’t aware that there are ways to bypass the bank when looking for a loan. If investing in fixer-upper properties is in your horizon or you find yourself in need of cash because life situations arise that are out of your control, finding a hard money equity lender may be beneficial to your […]
Being able to get money for a property investment in a short period of time isn’t always easy. Many borrowers tend to go to financial institutions to try to get a loan to finance a property, but that isn’t always the best option. It’s important to consider other financing options, such as hard money loans. […]
Losing your job can make it very difficult to pay all of your bills on time. There are many people who find themselves drowning in debt after losing their job with seemingly no way out. One out of every 2411 homes in the United States went into foreclosure in May of 2019. If you have […]
Getting into the home-flipping industry isn’t as easy to do as it may seem. In order to be able to flip a home, you first need to be able to buy it. Getting financing from a traditional lender often takes a lot of time, which can mean that the property sells before you are able […]
Do you need financial help to pay off your mortgage? Most people aren’t able to get a loan through traditional lenders like banks and credit unions. Read on to learn more about how hard money mortgage loans can be the answer to your recent financial troubles. Why You Need Hard Money Mortgage Loans Did you […]
Starting off in the real estate market can be difficult when you are a new investor. Getting the money necessary to buy properties isn’t always easy to do. FreeandClear states that “Although all the mortgage documents are intended to serve a specific purpose, usually legal or regulatory, the sheer amount of paperwork creates significant difficulties”. […]
Buying and flipping houses has become increasingly popular in recent years due to the numerous shows on television showing that it can be a lucrative investment to make. Unfortunately, the shows neglect to tell you how the flippers fund their projects. Many turn to hard money lenders to get the money they need quickly and […]