23 06, 2019
  • Should You Apply for a Conventional Loan on an Investment Property?

Should You Apply for a Conventional Loan on an Investment Property?

By |2019-06-23T17:49:41-04:00June 23rd, 2019|Categories: Hard Money|Tags: , , |0 Comments

If you're buying an investment property, you have a couple of options for funding - and one of them is a hard money loan. Hard money loans are different from conventional loans, which require you to have a good enough credit history, a borrowing history and a certain debt-to-income ratio. So should you apply for a conventional loan to buy an investment property? Here's what you need to know. Should You Apply for a Conventional Loan on an Investment Property? A lot of investors choose to use hard money instead of conventional loans. It's not that there's anything wrong with

17 09, 2017

What’s a Bridge Loan?

By |2017-09-17T12:53:33-04:00September 17th, 2017|Categories: Bridge Loans|Tags: , , |0 Comments

A bridge loan may be what you need until you secure permanent financing – but what is it, and how could it help you? What is a Bridge Loan? A bridge loan is a short-term loan that you can use to bridge the gap between securing permanent financing or to remove an existing loan obligation that you already have. This type of loan provides immediate cash flow. How Long Does a Bridge Loan Last? A bridge loan is typically very short-term. (Sometimes they last about 12 months.) How Do You “Secure” a Bridge Loan? Typically, bridge loans are secure debts