Hard Money lender in lending money in the Atlanta , GA as well as Florida and North Carolina

27 03, 2022
  • What Are the Requirements for a Hard Money Loan?

What Are the Requirements for a Hard Money Loan?

By |2022-03-12T21:04:32-05:00March 27th, 2022|Categories: Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments|Tags: , , , , |0 Comments

If you are an investor who needs to borrow hard money, and you've never done it before, you're most likely wondering what the requirements are to take out this type of a loan. This guide explains the requirements for a hard money loan so you understand the basics before you get in touch with the lender. What Are the Requirements for a Hard Money Loan?  First things first: a hard money loan is a short term loan that typically offers a higher interest rate than a conventional mortgage would. Many investors use these types of loans to purchase properties at

22 03, 2022
  • What Are the Pros to Hard Money Loans?

What Are the Pros to Hard Money Loans?

By |2022-03-12T21:01:06-05:00March 22nd, 2022|Categories: Hard Money, Hard Money Loans, How To, Real Estate|Tags: , , , |0 Comments

If you are a real estate investor considering taking out a hard money loan to purchase a property, you need to know that it may be a great choice for you. This guide explains the pros to hard money loans in clear, easy to understand terms so you can make the right decision. What Are the Pros to Hard Money Loans? Many investors feel that hard money loans are the perfect solution. That's because they offer: Flexible terms Convenience Built-in collateral  Here’s a closer look at each.  Hard Money Pro #1: Flexible Terms Hard money loans have very flexible terms.

16 03, 2022
  • Are There Downsides to Hard Money Loans?

Are There Downsides to Hard Money Loans?

By |2022-03-12T20:57:11-05:00March 16th, 2022|Categories: Hard Money, Hard Money Loans, Investing, Investment, Loan|Tags: |0 Comments

If you are like many people, you've heard of hard money loans before – but what are they, and are there any downsides to using one? This guide explains whether there are downsides to hard money loans and what you should be aware of if you're considering borrowing with one. Are There Downsides to Hard Money Loans? Generally, the downsides to hard money loans are only downsides for people who aren't real estate investors. They include the costs associated with borrowing hard money, as well as the shorter repayment period. Here is a closer look at each. Costs of Hard

6 01, 2022
  • Why Use a Hard Money Loan to Buy a Distressed Property?

Why Use a Hard Money Loan to Buy a Distressed Property?

By |2021-12-22T17:30:11-05:00January 6th, 2022|Categories: Hard Money, Hard Money Loans|Tags: , , |0 Comments

If you’re like many people, you know that financing a distressed property can be tough – that is, unless you use a hard money lender. Here’s what you need to know.  Why Use a Hard Money Loan to Buy a Distressed Property? Conventional lenders often can’t approve investors quickly enough to pounce on great deals, and that’s true whether you’re buying a distressed property or any other property. This leads to many investors working with hard money lenders to buy these – and other – properties. But there are other reasons people use hard money to buy distressed properties, too.

11 12, 2021

6 Signs of a Distressed Property

By |2021-12-21T06:17:42-05:00December 11th, 2021|Categories: Hard Money, Real Estate, Tips|Tags: , , , |0 Comments

As a real estate investor, distressed properties are often great finds – but how can you tell when a property is in distress and may be worth buying? Check out these six signs of a distressed property to learn more. 6 Telltale Signs of a Distressed Property It’s often easy to spot a distressed property if you know what to look for. Keep your eyes open for: Notices placed on doors or windows Peeling or faded paint Lights off at night Neglected lawns  Broken windows or obvious issues on the exterior Uncollected mail Why Are These the 6 Signs of

22 08, 2021
  • What is an Asset-Based Lender?

What is an Asset-Based Lender?

By |2021-08-11T19:49:03-04:00August 22nd, 2021|Categories: Hard Money, Hard Money Loans|Tags: , , |0 Comments

If you’re a real estate investor – or if you’d like to become one – you need to know the differences between asset-based lenders and traditional lenders. This guide explains.  What is an Asset-Based Lender? An asset-based lender is a lender that gives business loans using a property as collateral. Generally, these lenders only work with real estate investors; they’re not here to help people become homeowners – at least not directly. Asset-based lenders give investors the money they need to improve a property that the investors intend to turn around and sell. Related: 3 critical tips to read before

22 10, 2020
  • 2 Real Estate Rumors About Iconic Buildings: True or False?

2 Real Estate Rumors About Iconic Buildings: True or False?

By |2020-10-19T21:21:14-04:00October 22nd, 2020|Categories: Business, Hard Money, Hard Money Loans, Real Estate, Tips|Tags: , , , , , |0 Comments

You might be a student of house flipping and real estate, or even a seasoned pro, but just like most industries there may be certain tales you’ve heard—stories that sound a little farfetched, but intriguing nonetheless. In a list published this month by The Close, a website dedicated to providing insights to real estate agents and brokerages, some curious real estate rumors are discussed. Are they true, or false? Here are a couple.   True or false: There's a secret apartment atop the Eiffel Tower.   A room with a view?   Rumor has it that the designer and builder of

16 06, 2020
  • What Properties Can You Use a Hard Money Loan to Buy

What Properties Can You Use a Hard Money Loan to Buy?

By |2020-05-20T18:52:28-04:00June 16th, 2020|Categories: Hard Money|0 Comments

If you're a real estate investor or someone who's having a hard time getting conventional financing, you might be considering a hard money loan. But what properties can you use a hard money loan to buy? Here's what you need to know. What Properties Can You Use a Hard Money Loan to Buy? When you take out a hard money loan, you can do so for just about any type of property available. You might borrow for: A single-family residential house A multi-family residential building Commercial properties Land Industrial properties Some hard money lenders don't lend for certain types of

11 06, 2020
  • How Much is Interest on a Hard Money Loan

How Much is Interest on a Hard Money Loan?

By |2020-05-20T18:52:17-04:00June 11th, 2020|Categories: Hard Money|0 Comments

When you're considering a hard money loan, one of your first questions will probably be, "How much is interest on a hard money loan?" That's a great question - but unfortunately, it's not an incredibly simple answer. Here's what you need to know. How Much is Interest on a Hard Money Loan? The interest rates different hard money lenders quote you will vary. They might vary a lot - and that's because different hard money lenders look at different factors when they're thinking about taking on the risk of letting you borrow their money. Hard money loans are privately funded.

6 06, 2020
  • Who Should Use a Hard Money Loan

Who Should Use a Hard Money Loan?

By |2020-05-20T18:52:04-04:00June 6th, 2020|Categories: Hard Money|0 Comments

If you're like many people, you've heard of hard money loans - but who are they for, and who should use one? Here's what you need to know. Who Should Use a Hard Money Loan? Hard money loans might be a good idea for anyone who's interested in: Buying a fix-and-flip house Investing in land Building new construction Additionally, they're good for people who have credit issues or for real estate investors who need to pounce on a great deal. Real estate investors and others choose hard money loans because they provide quick funding. In fact, some loans are funded

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