Home/Tag:Hard Money Loans
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

2 10, 2022
  • The 3 Best Times to Use a Hard Money Loans

The 3 Best Times to Use a Hard Money Loans

By |2022-09-11T07:57:36-04:00October 2nd, 2022|Categories: Credit Score, Flipping, Hard Money Loans, Investment Properties|Tags: , , , |0 Comments

When it comes to financing a property purchase, there are a lot of options available. In many cases, a hard money loan is the best choice. This guide explores the three best times to use a hard money loan. What is a Hard Money Loan? A hard money loan is a type of short-term loan that is typically used by investors to purchase properties. Hard money loans are usually funded by private investors or groups of investors, as opposed to banks or other financial institutions. One of the main advantages of hard money loans is that they can be obtained

18 09, 2022
  • Can You Use a Hard Money Loan to Buy a House?

Can You Use a Hard Money Loan to Buy a House?

By |2022-09-11T07:39:29-04:00September 18th, 2022|Categories: Commercial, Flipping, Hard Money Loans, Investment Properties|Tags: |0 Comments

If you're looking at your mortgage options and wondering whether you can use a hard money loan to buy a house, you need to know that it's possible - but it's only advisable in certain situations. Here's what you need to know. Can You Use a Hard Money Loan to Buy a House? It's possible to buy a house with a hard money loan, but due to the way that these loans are structured, they're typically best for real estate investors - not usually for people who are looking to buy a personal home to live in. When is it

10 09, 2022
  • Hard Money Loans vs Conventional Loans

Hard Money Loans vs. Conventional Financing

By |2022-09-11T00:06:05-04:00September 10th, 2022|Categories: Hard Money, Hard Money Loans|Tags: , |0 Comments

When it comes to financing a real estate investment, you have a few options. Two of the most common options are hard money loans and conventional financing. This guide compares and contrasts the two so you can make an informed decision about financing your next real estate investment. What is a Hard Money Loan? A hard money loan is a short-term loan secured by real estate. Hard money loans are typically used by investors to finance the purchase of an investment property. (Secured by real estate means that the collateral is the property itself.) The biggest advantage of a hard

18 08, 2022
  • How to Find the Best Hard Money Lender to Buy a Rental Property

How to Find the Best Hard Money Lender to Buy a Rental Property

By |2022-08-09T06:14:41-04:00August 18th, 2022|Categories: Hard Money, Hard Money Loans, Investment Properties|Tags: , , , , |0 Comments

If you're looking to purchase a rental property, one of the most important things you'll need to do is find a good hard money lender. This guide explains what to look for in a hard money lender and provides tips on how to find the best one for your needs. What is a Hard Money Loan, and Why Would You Use One for a Rental Property Purchase? A hard money loan is a type of short-term financing secured by real estate. Hard money loans are typically used by investors to purchase and rehab properties, but they can also be used

10 08, 2022
  • Hard Money Loans Explained - Get a Hard Money Loan Today

Hard Money Loans, Explained

By |2022-08-09T01:33:34-04:00August 10th, 2022|Categories: Hard Money, Hard Money Loans|Tags: |0 Comments

When you need money and don't have time to wait for a loan through a traditional bank, hard money loans may be the answer. This type of loan is backed by the value of the property you're using as collateral, so it's a faster way to get the cash you need. What is a Hard Money Loan? A hard money loan is a type of short-term loan that's typically used for real estate transactions. Hard money loans are usually funded by private investors or companies, rather than banks. The loans are then secured by the property you're purchasing. How Does

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.

11 08, 2021
  • 3 Common Questions About Hard Money Loans

3 Common Questions About Hard Money Loans

By |2021-08-11T19:37:08-04:00August 11th, 2021|Categories: Hard Money Loans, Investment Properties|Tags: , , , |0 Comments

If you’re like most people, you’ve heard of hard money loans – but what are they, exactly, and could you use one to purchase an investment property? This guide explains. 3 Common Questions About Hard Money Loans Hard money loans are ideal for many investors, but if you’ve never explored your options before, you likely have more than a few questions about them. This guide addresses the top three: How long does it take to get a hard money loan? How long do I have before I have to repay a hard money loan? Can I use the money to

16 10, 2019
  • Do You Need Documentation for a Hard Money Loan

Do You Need Documentation for a Hard Money Loan?

By |2019-10-07T22:47:37-04:00October 16th, 2019|Categories: Hard Money, Hard Money Loans|Tags: , , , , , , , |0 Comments

For many people, a hard money loan is the best way to go - especially when it comes to real estate investing. That's because hard money loans fund quickly (sometimes in as little as 48 hours), they're easy to deal with, and they're short-term, enabling the borrower to pay them off quickly and move on to the next investment property. But do you need documentation for a hard money loan, or can you walk right into an office and borrow tens of thousands of dollars with little or no paperwork? Here's what you need to know. Do You Need Documentation

13 10, 2019
  • Are Hard Money Lenders Loan Sharks

Are Hard Money Lenders “Loan Sharks”?

By |2019-10-07T22:40:17-04:00October 13th, 2019|Categories: Hard Money, Hard Money Loans|Tags: , , , , , |0 Comments

If you're like many people - especially those just starting out in real estate investing - you've heard all kinds of things about hard money lenders. Some of them are myths, and some of them might be true (or at least half-true). But are hard money lenders what you'd call "loan sharks"? Here's what you need to know. Are Hard Money Lenders "Loan Sharks"? Hard money lenders are definitely not loan sharks. Check out the official definition of a loan shark: Hard money lenders are typically well-established and reputable, and they certainly don't do anything illegal or charge extremely high

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