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10 11, 2022
  • 3 Creative Ways to Come Up With a Down Payment for an Investment Property

3 Creative Ways to Come Up With a Down Payment for an Investment Property

By |2022-11-09T00:49:21-05:00November 10th, 2022|Categories: Down Payment, Investing, Investment, Investment Properties, Investments|Tags: , , , , |0 Comments

Though the most common way to come up with a down payment for an investment property - particularly for first-time real estate investors - is to scrimp and save until you have enough to take out a hard money loan, that's not always feasible. In fact, waiting until you have enough money saved up can seriously delay your investing plans. Fortunately, there are a few ways you may be able to get creative to come up with a down payment for an investment property, which this guide explains. 3 Creative Ways to Come Up With a Down Payment for an

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

1 03, 2022
  • Hard Money Loan Down Payment Requirements

Hard Money Loan Down Payment Requirements

By |2022-02-27T03:00:09-05:00March 1st, 2022|Categories: Down Payment, Hard Money Loans, Interest, Investing, Investment, Investment Properties|Tags: , , , |0 Comments

Although hard money loans are very different from conventional loans, there's a good chance that you'll need to put down a down payment in order to borrow from a hard money lender. This guide explains hard money loan down payment requirements and how they affect your ability to borrow. How Much Money Do You Need to Put Down on a Hard Money Loan? Most hard money lenders require you to put down 10 percent of a home’s after repair value as a down payment. However, every situation is different, and you should talk to a hard money lender about your

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