Posts by GW Private Capital

Even if you aren’t a first time home buyer, the ins and outs of getting a mortgage can be overwhelming. With a traditional loan you have to apply, jumping through all of the bank’s hoops, making sure you’re qualified, and then wait the long months until you get the news, wondering what you’re going to…

Serious real estate investors don’t have time to wait months for a traditional loan. When you want to flip a property for a quick resale, you want to use a loan program that’s going to work quickly. You want a loan that can be processed in a matter of days, not weeks. You don’t have…

Established banks and mortgage companies have strict loan qualification requirements that must be met before they will issue a home loan. People who do not meet strict bank or traditional mortgage company qualifications have options. Private mortgages are alternative to traditional mortgages. Borrowers who take out a private mortgage are not necessarily a credit risk,…

What is a hard money loan? The term “hard money” was first used in the 1950s for a loan based on property assets instead of credit. Essentially, this type of loan is a financing tool for real estate investors. There are many advantages with flexibility and speed being the top benefits. Are you a real…

Hard money loans make flipping houses easy. When you’re interested in entering the business ask GW Private Capital for help today.

When you find a good deal on the perfect piece of real estate, especially if you’re in the fix-and-flip business, you need financing fast to purchase the property. “Hard money” was a term first coined in the 1950s, and it refers to a loan made based upon property assets instead of credit. Private money loans…

Hard money loans are common in transactions that require quick turnaround time. One of the most common instances you might need a hard money lenders’ help is with a fix and flip purchase. Unlike commercial banks where loans are held for a long time, hard money lending involves few bureaucracies. In essence, hard money loan…

In the 1950s, the term “hard money” was coined to refer to loans based on property assets rather than credit. Usually, the lender is a private investor rather than a bank or other financial institution. These types of loans are the preferred financing option for house flippers or deals that are expected to yield returns…

Traditional lenders are typically cagey when it comes to lending for fix and flip properties. This is because the properties in question often require extensive remodeling and there’s no set time on when the project will be completed. The entire business model is a bit too speculative for their conservative tastes. Luckily, hard money lenders…

“Flipping” real estate has come into the popular lexicon due to reality television shows and investment seminars that make the process seem simple and easy. While it is possible to build a business out of fixing and flipping real estate, it does require an understanding of the financial side of these transactions. Because they approve…