What is a Hard Money Loan?

Hard Money, also known as Private Money, is money borrowed from private individuals. Most private money lenders/investors lend money through a mortgage company (there are laws that require this).

Basically considered “all cash”, such loans are extra strong and can be used to purchase or refinance dump property, bad credit borrower, irregular income borrower, large cash out borrower, someone needing fast cash, short term Bridge loans, etc. Hard money loans are based largely on equity. The...

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From: Sun Pacific Mortgage & Real Estate

Related topics : hard money loan terms / hard money loan lenders / cash loan short term / fast cash loans bad credit / cash fast loan

Hard Money Loan Interest Rates In Boston

One of the most common questions asked by new investors is what is the interest rate for a hard money loan. Hard money loan interest rates in the Boston area typically run between 12%-15% depending on the lender. This seems high when you consider conventional rates are 3.5% - 4.5%, but hard money loans are paid short term so the sooner you repay them, the less interest you pay. For example, if you get a hard money loan with a 12% interest rate and it only takes you 3 months to complete and sell...

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From: Robert Nichols

Related topics : hard money loan interest rate / hard money loan no credit check / hard money loan lenders / loans short term no credit check

Hard Money Lenders Houston ( 713-952-8022) Short Term Loans 6-24 Months

Finding the best hard money lenders can be challenging due to the high number of hard money lenders that are available today. Each hard money lender that you come across promises you the best terms and quick loan approval.

Please Contact us On:

http://www.yelp.com/biz/hard-money-lenders-houston-houston

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2825 Wilcrest Dr #300

2825 Wilcrest Dr #300, Houston, TX 77042, USA

Toll Free: 1-800-816-7583

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From: Hard Money Lenders Houston

Related topics : hard money loan lenders

Bloomfield New Jersey | Hard Money Lending Case Study

When Asset Based Lending's hard money borrowers got their hands on this fixer upper in Bloomfield New Jersey, they knew they had their work cut out for them. This 4 bedroom property in Essex country needed a total gut rehab, and our real estate investors were up for the challenge. With ABL's hard money loan, the borrowers were able to produce a finished product that is absolutely stunning!

Asset Based Lending is a direct hard money lender that provides short term hard money loans to real...

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From: Asset Based Lending, LLC

Related topics : hard money loan lenders / short term loan lenders

Loans In Georgia - Lima One Capital, hard money lenders, Atlanta, GA

http://www.limaonecapital.com/

Lima One Capital, LLC is a hard money lending company headquartered in Atlanta, Georgia. Lima One Capital specializes in providing short-term, first-mortgage hard money loans to real estate investors for the purchase, renovation, or cash-outs of residential investment homes. Hard money loans that we often close in just 5 days with NO junk fees, low rates and outstanding customer service.

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From: Lima One Capital

Related topics : hard money loan terms / hard money loan rates / cash loan short term

How Do I Get a Construction Loan - with Hard Money Lender Beau Eckstein

In this video, hard money lender Beau Eckstein explains what a hard money construction loan is and how to get one.

Once you have identified a property that you want to invest in, you need to get funding, and usually lots of it. If you have plans for building or renovating any structures on the property, whether it's a house, apartment, or other type of building, you need to have readily available cash.

Generally speaking, hard money construction loans fit the bill in this instance because...

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From: Bill Davis

Related topics : hard money loan lenders / short term loan lenders

A Softer Approach to Commercial Hard Money Loans for Brokers

Hear from Ted Kapnek, President of APEX Mortgage, explain how their softer approach to commercial hard money can provide your customer with the loan they need, without resorting to hard money. APEX wants to help you get through the transition, get back to more traditional financing, and hopefully, help you offer a core product from APEX.

For more information about APEX Mortgage can help you with your hard money needs: http://www.apexmtg.com/commercial-hard-money-loans/

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From: APEX Mortgage

Related topics : hard money loan terms / commercial business loan broker / commercial business loan / loan small business

Private Money Financing or Hard Money Loans in Florida

http://www.prestonware.com/PrivateMoneyLoans Private money is being provided by Institutional Investors in Florida. 80% financing with relatively good terms for private money.

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From: Preston Ware

Related topics : hard money loan terms

Mortgage Loans EXPLAINED

Learn what is Mortgage loan,where to find it,the terms used in its procedure and the repayment process explained in just 3 minutes!

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From: Global Trends

Related topics : refinance mortgage home equity loan / home mortgage consolidation loan / consolidating mortgage loans / company home loan / va home loans

Hard Money Vs Traditional Financing

When it comes to financing the purchase of real estate, many investors opt for hard money over traditional financing. The advantages of hard money include, quick closing, easy access to capital, minimal down payment based on the value of the asset and no credit check. The downside is high interest rates and it's only a short term loan. While traditional financing offers lower rates and better terms, it is much tougher to qualify for a loan, and the process can take a months instead of a few...

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From: Robert Nichols

Related topics : hard money loan no credit check / hard money loan rates / loans short term no credit check / quick loan short term