/Tag: Hard Money Loans
12 02, 2018

If You Don’t Have 100% Of The Funds, Don’t Start A Real Estate Project

By |2018-02-12T03:43:12+00:00February 12th, 2018|Categories: Construction Loans, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Rehab Loans|Tags: , , |0 Comments

If you don't have all the funds you will need for your real estate project, be that flipping a house or renovating a potential rental property, don't take that risk. That's a gamble that could end up with you in a really bad situation. If you want to start a real estate project, be sure to start with more debt or more funds than you think you will need. That's right, always starts with a loan for more than what you think you will need to complete the project. See, it's easier to get initial funding than subsequent funding. If

7 08, 2017

What Does Loan-to-Value Ratio Mean on a Hard Money Loan?

By |2017-08-07T10:00:01+00:00August 7th, 2017|Categories: Hard Money|Tags: , |0 Comments

  If you're like most people who are buying a home as an investment property, you don't want to be tied up in a conventional mortgage loan. Typically, hard money loans are the ideal solution for borrowers who want to fix-and-flip properties. What is Loan-to-Value Ratio? The amount of money your hard money lender is able to let you borrow is determined by a mathematical formula. It involves the loan amount divided by the value of the property, which is called the loan-to-value ratio. Some hard money lenders are willing to lend between 65 and 75 percent of a property's

23 06, 2017

Does Your Credit Score Affect Approval for a Hard Money Loan?

By |2017-06-23T19:30:07+00:00June 23rd, 2017|Categories: Hard Money|Tags: , , , |0 Comments

Many investors use hard money lenders to help fund real estate investments they plan to sell right away. Hard money lenders offer a substantial advantage over traditional banks because of their ability to fund loans at a faster rate. The approval requirements are far less stringent, and in many cases, credit scores do not affect an investor's ability to qualify for a hard money loan. Value of the Subject Property Most hard money lenders require borrowers to use the subject property as collateral for loan approval. The value of the subject property is more important to lenders than the borrower's

7 02, 2017

A Word on Low-Maintenance Homes

By |2017-02-07T10:00:36+00:00February 7th, 2017|Categories: Hard Money|Tags: , , , , , , , |0 Comments

As a hard money lender in Atlanta, we’ve discussed home improvement plans with hundreds of people – and one common theme seems to be emerging: people really want low-maintenance homes. That’s something worth remembering if you’re flipping houses in Atlanta. Why Do Today’s Buyers Want Low-Maintenance Homes? “Most young homebuyers grew up watching their parents spend weekends with their honey-do lists, or they had chores to do on the weekends," says Lou Cardillo, a NY real estate professional. "Most young buyers are not going to follow in their parents' footsteps. They don't want to do that stuff… They want their

23 01, 2017

Construction Hard Money Loans

By |2017-01-23T10:00:03+00:00January 23rd, 2017|Categories: Construction Loans, Hard Money|Tags: , , , , |0 Comments

If you’re like most people, coming up with money quickly for construction ventures isn’t always easy. There are many ways to try to obtain money… but are they all practical? Here’s why considering a construction hard money loan may be your best bet. About Construction Loans When you’re looking at ways to fund a building project, you could try to obtain a loan from a bank or mortgage lender, take the crowdfunding route, or get a construction hard money loan. Traditional Construction Loans Traditional construction loans are funded by banks and mortgage lenders—but they may not be as easy to

3 11, 2016

Fulton County Tax Foreclosure Sales (and How to Find Them)

By |2016-11-03T10:00:04+00:00November 3rd, 2016|Categories: Business, Foreclosures, Hard Money, Investing, Investment, Investment Properties, Investments, Private Lending, Tax Foreclosures, Taxes|Tags: , , , , , , , , , , |0 Comments

In the state of Georgia, it’s legal for the government to seize property, such as homes and land, for the nonpayment of taxes. According to the Georgia Department of Law, a homeowner’s obligation to pay property taxes is backed by the property itself. If a homeowner fails to pay, the county tax commissioner can sell the home to raise the amount due back in taxes. Often these homes sell for exceptionally low prices—but how does the whole process work? How Does a Property Get Seized? When a homeowner’s property taxes are past due, the tax collector can proceed through a

17 10, 2016

Let’s Talk About Triple-Net Leases

By |2016-10-17T10:00:50+00:00October 17th, 2016|Categories: Business, Investing, Leases|Tags: , , , , , , , , , |0 Comments

When entering the world of commercial real estate, you were probably told to pick one of the basic types of leases and to stick with it. Determining whether a gross, net or modified gross lease is best for you can depend on a number of factors, including who you’re marketing your building to and what type of structure you have. If you’re thinking about a net lease, you’ll find that the term can actually be broken down even further, into three categories: single, double and triple. Single net leases have you charge the tenant for rent (high), utilities, and a part of

3 12, 2013

Hard Money Loans – Financing for What You Need

By |2013-12-03T18:04:06+00:00December 3rd, 2013|Categories: Cash Out, Hard Money, Loan, Real Estate|Tags: , , , , , |0 Comments

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