3 08, 2015

What is a Cash-Out Hard Money Loan?

2015-08-03T11:24:37-04:00August 3rd, 2015|Categories: Cash Out, Equity Lending, Hard Money, Investment, Loan|Tags: |

You’ve probably heard the term cash-out refinance before, but what does it really mean – and what does it have to do with hard money lending? Explaining Cash-Out Hard Money Loans A cash-out refinance is a mortgage transaction in which the new mortgage amount exceeds the existing mortgage amount. Its purpose is to pull out equity; it’s an alternative to a home equity loan. It’s a way for borrowers to get money out of the equity in their homes to pay down debt or make additional purchases. Cash-Out Loans for Investors If you own a property, either with no loan

3 08, 2015

Best Places to Find Real Estate Investments in Atlanta

2015-08-03T00:07:37-04:00August 3rd, 2015|Categories: Foreclosures, Investment, Loan|

If you’re an investor, how do you find the best deals? Chances are that you’re always on the lookout for new sources. If you’re just starting out in real estate investing, you could probably use a nudge in the right direction – so here’s a comprehensive list of where you can find the best real estate deals. Search the HUD Website for REI Opportunities The U.S. Department of Housing and Urban Development maintains an extensive list of HUD homes for sale in Georgia. Using their website, you can access foreclosure listings from HUD, the Department of Veterans Affairs, and several

23 07, 2015

What is Asset-Based Lending?

2015-07-23T20:27:48-04:00July 23rd, 2015|Categories: Hard Money, Loan|

When you’re interested in taking out a hard money loan in Atlanta, particularly if it’s your first time doing so, you probably have a lot of questions. One of the most common questions we hear is “What is asset-based lending?” A hard money loan is a type of asset-based lending, so it’s worth exploring the answer. What is Asset-Based Lending? Asset-based lending, which applies to hard money loans and a number of other loan types, is a loan that’s secured by an asset. If you’re borrowing to invest in real estate, for example, the home serves as the asset. Some

8 07, 2015

What to Ask Your Atlanta Hard Money Lender

2015-07-08T17:48:29-04:00July 8th, 2015|Categories: Hard Money, Loan|

When you buy a home, you know that you need to work with a team of professionals you can trust. Unfortunately, not everyone in the business is honest; in fact, less than 2 months ago, an Arizona man was sentenced to 6 years in prison for his role in taking more than $3.5 million from unsuspecting homebuyers. But how do you know you’re working with honest professionals in order to protect yourself? It’s easy – you just have to know what to ask. What to Ask Your Atlanta Hard Money Lender Whether you’re working with a hard money lender for

2 07, 2015

3 Things Every Atlanta Real Estate Investor Must Know

2015-07-02T22:58:03-04:00July 2nd, 2015|Categories: Hard Money, Loan, Real Estate|

When you’re in the business of real estate investing, you want to be successful – and in order to do that, your money has to work for you. This isn’t an easy field, as any investor can tell you, but if you know what you’re doing, as well as where to borrow money for flipping houses in the Atlanta area, it can be a highly lucrative one. 3 Things Every Real Estate Investor Must Know Even if you’re not new to real estate investing, you might be relieved to know that there’s no “one-size-fits-all” solution that works for everyone. However,

29 06, 2015

Invest in What You Know

2015-06-29T10:00:56-04:00June 29th, 2015|Categories: Investment, Loan|

Expert investors have plenty of rules for putting your money where it’ll work for you. One of Warren Buffet’s is “Never lose money,” but that’s not what we’re going to talk about here… although that is sage advice.) Famed portfolio manager Peter Lynch has another piece of advice: Invest in what you know. What Does Invest in What You Know Mean? Whether you’re flipping houses or investing elsewhere, it’s important that you understand the ins and outs of what you’re doing. Sure, anyone can learn to read statistics and make their way through the purchase and sale of a home

22 06, 2015

5 Focus Points to Sell Your Flip Faster and for More Money

2015-06-22T11:14:09-04:00June 22nd, 2015|Categories: Hard Money, Loan, Real Estate|

  Flipping houses is an attractively lucrative business, especially when you consider that in the fourth quarter of last year, the average flip brought in a $75,000 profit, which was a 36 percent gross return on the initial investment, according to RealtyTrac. Naturally, we all want those kinds of numbers. While they’re not possible in every market, they’re definitely possible – and that kind of profit can make all your work worthwhile. 5 Focus Points to Sell Your Flip Faster and for More Money Nobody wants to sit on a flip and wait for it to sell. Assuming you’ve done

5 02, 2014

New Paces Funding Website

2014-02-05T21:18:33-05:00February 5th, 2014|Categories: Commercial, Equity Lending, Hard Money, Investment, Loan, New Construction, Real Estate|

To start 2014 off, we've updated our website.  New content as well as the ability to apply for a hard money loan online.  If you need an Atlanta hard money loan or for other parts of the south, contact us today at (404) 814-1644 x101 or email Dean@Paces Funding.com.  We also do hard money loans on commercial properties.  Check us out at www.Paces Funding.com

3 12, 2013

Hard Money Loans – Financing for What You Need

2013-12-03T18:04:06-05:00December 3rd, 2013|Categories: Cash Out, Hard Money, Loan, Real Estate|Tags: , , , , , |

When banks don’t want to provide you with the financing you need, an Atlanta hard money lender can step in and make things happen. But what is a hard money loan, and how hard is it to qualify for one? Is it the right solution for you? Hard Money Real Estate Loans in Atlanta Whether you’re interested in building a new home, you want to purchase an investment property or you’re ready to borrow cash against a free-and-clear property, a hard money real estate loan might be your best option. Hard money real estate loans for new construction: Because banks

16 07, 2013

Introducing Paces Funding

2013-07-16T16:58:27-04:00July 16th, 2013|Categories: Cash Out, Commercial, Credit Score, Equity Lending, Hard Money, Loan, New Construction, New Home Development, New Homes, Videos|

Paces Funding is Atlanta’s largest hard money lender. We are leading the way with innovative financing solutions for real estate investors. Our staff has processed over 1,000 loans over the past decade and is excited about the new opportunities we will be providing our clients. Over the next six months, Paces Funding will be introducing new real estate financing and investment opportunities. Contact us today to get pre-approved for a hard money loan.

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