12 Questions to Ask Before Investing in Hard Money Loan
If you are looking to purchase a property but do not want to pay upfront, a hard money loan might be good for you. Now, if you are planning to obtain a loan from a hard money lender, it’s essential to ask compelling questions before you apply for the loan. Below is a list of […]
Hard Money Loan Refinancing: All You Should Know
What is hard money loan refinancing? Refinancing a hard money loan may sound complicated, but it doesn’t have to be. Picture this: you secured a hard money loan to purchase or renovate a property, and now you seek a more manageable or cost-effective repayment solution. This is where hard money loan refinancing comes in. Furthermore, […]
5 Untold Truths About Hard Money Loans that Banks Don’t Want Brokers to Know
Hard money loans are designed to help investors quickly obtain funds to acquire all kinds of property, finance renovations, and more. These loans have high interest rates and flexible terms, making them one of the most misunderstood types of real estate lending options. Banks use the lack of well-informed knowledge regarding hard money loans to […]
7 Wrong Answers to Common Hard Money Questions: Guess the Right Ones
Financial literacy is very important and ignorance leads to making poor financial decisions. Unfortunately, there is a lot of misinformation that can lead to really big financial mistakes. Whether you are planning for retirement, managing debt, or considering investment options, it is to your benefit to know the correct answers to hard money questions. This […]
A Guide On Avoiding Construction Delays With Hard Money Loans
Do you have an ongoing construction project but need hard money loans to complete it? The construction niche often requires a significant amount of capital irrespective of the type of project. It is common for realtors to fall short of the required startup or continuation cost, and need loans to continue the project. These construction […]
Hard Money Loans Vs. Conventional Loans: Which One is Right for You?
Have you ever considered taking hard money loans or conventional loans? Several scenarios could arise, and you’d need more cash than you have at hand. You can choose to reach out to acquaintances, family, or friends to loan you the amount with little to no interest. However, it is best to get a loan from […]