The world of hard money lending is a tight knit one, but one that plays fair with those who act honorably. Still, each lender is trying to maximize their own gains while providing the necessary funding to borrowers. With those two facts in mind, here's what to expect when dealing with a hard money lender:
What to Expect from Your Hard Money Lenderon Tue, Sep 16, 2014
5 Tips to Securing a Hard Money Loanon Thu, Jul 10, 2014
Hard money loans are easier to get than traditional loans, but that doesn't mean that getting qualified is as simple as just asking for the money. Here are five tips that can help you to get your loan more quickly.
5 Questions to Ensure Success with Hard Money Financingon Tue, Jul 01, 2014
When it comes to hard money financing, you might get intimidated when talking to a lender and not always knowing the right questions to ask. Lenders are there to help you with your current financial situation and guide you through the financing options that are best for you. Hard money loans allow more borrowers to participate since they are easier to obtain than traditional bank loans. If you are thinking about getting a hard money loan, we have 5 Questions to Ensure Success with Hard Money Financing that you need to know before applying for your loan.
Tips for Working with Hard Money Lenderson Tue, Jun 17, 2014
For those borrowers new to hard money lending, there are increasingly more lenders springing up eager to capture your business. While the process of obtaining a hard money loan is neither complex nor difficult to come by, you do want to educate and prepare yourself so that when you need to pull the trigger on getting your hard money loan, you can act swiftly. Here are some simple tips to help you out.
The Implications of Hard Moneyon Tue, May 13, 2014
The concept of hard money has a lot of implications. In the current market, dominated by "financial" as opposed to "real" values, your worthiness as a debtor is decided by your ability to repay the loan, rather than the value of the asset associated with the loan itself. When searching for a hard money loan, however, you are looking for money that is not guaranteed or backed by a government. Rather, you are looking for a loan based to a great extent on the value of the asset that is placed in collateral, and the market skills of the transaction participants.
3 Signs You Should be Investing with Hard Money vs Cashon Thu, Feb 27, 2014
If you're doing the kind of real estate investments that traditional lenders don't touch, you eventually have to decide between hard money vs. cash. Investing with cash is simple and inexpensive, but it limits your returns and your scope while also increasing your risk. If any of these situations apply to you, you should consider taking the hard money side of the hard money vs. cash debate.