Archive for January 2020
The Benefits of Private Money Loans Over Bank and Traditional Mortgages
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…
Read More8 Important Considerations When Choosing Suitable Hard Money Lender
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…
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