The fast-paced nature of the real estate industry pushes investors to have ready cash to seal the deal. Hard money loans are attractive alternatives to traditional financing options. Conventional bank mortgages involve many bureaucracies and red tape that can sabotage your fix-and-flip deal. On the other hand, hard money lenders provide ready cash with a less stringent approval process. Let’s talk a bit more about why these loans appeal to ...

So you’ve been denied your home loan. This can be quite devastating, especially if you were attempting to attain an investment property that would actually benefit your financial situation rather than being to its detriment. Yet countless people are denied home loans each year for a number of different reasons. One of the reasons why this occurs more today than it did even two decades ago is, of course, the 2008 financial crisis. This finan...

There is a wide variety of reasons why you may someday need a loan. Perhaps the biggest reason why most people end up needing substantial loans, of course, is the pursuit of homeownership. Those who can afford to buy a house upfront without a loan are few and far between to the point that mortgage loans have become something of an industry in the financial world. But the unfortunate reality is that though we all need housing, we aren’t alwa...

What exactly is a hard money lender? The average person may not be familiar with this type of real estate terminology. Although there are a lot of misconceptions surrounding hard money loans, they can be beneficial options for many people. These types of lenders are essential to the housing market and help individuals get the home loans they need to invest in real estate. What Is a Hard Money Lender? If you are not already aware, there are many d...

If you are looking to acquire real estate, you might be struggling to find a loan that works for you. This is especially true for small buyers and new buyers looking to expand without breaking the bank. Fortunately, hard money loans offer the opportunity to secure a loan for real estate in an affordable and easy-to-understand way. What Is a Hard Money Loan? If you’ve never heard of them before, you may be wondering, “What is a hard money ...

In the United States, 1/3rd of Americans have credit that is poor. Poor credit doesn’t stop you from needing necessary repairs for your home, assistance for your business, or more money to help pay bills that have fallen behind. Luckily, there are institutions that offer hard money loans. If you own your residence and it’s your primary residence, you could get a hard money loan, otherwise known as owner occupied loans, from private money lend...

Real estate investors and hard money lenders are two groups of people that are well-acquainted with each other. The opportunity to turn a profit is the glue that keeps them together. Real estate investors are interested in making money they don’t currently possess, while hard money lenders possess cash at-hand that they are willing to lend out and earn interest. It is a well-balanced act that sees both groups make a profit from real estate ...