Debunking 5 Myths About Hard and Private Money Lenders
The tight requirements that traditional mortgage lenders and banks impose on borrowers creates the need for private and hard money mortgages. Private money lenders offer mortgages that are easy to obtain and remove the red tape associated with traditional mortgage lending. Sadly, most real estate owners and borrowers remain blinded by the numerous myths and…
Fix and Flip Loan: Use a Private Money Lender to Flip Your Property
A fix-and-flip is a process by which you purchase a home or property, renovate and fix it up, and then sell it for a higher cost than you invested in it to make your money back. Ideally you would be able to sell it for much more than you paid for it. But it isn’t…
Private Mortgage Lenders: Benefits of a Privately Funded Mortgage
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…
Short-term Real Estate Loans: Find the Right Loan Program for Your Investment Needs
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…
Private Mortgage Lenders: Why Choose a Private Mortgage?
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,…
Hard Money Lender: Discover the Financing Tool Better Known as Hard Money Loan From A
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…
Fix and Flip Loan: Flipping Is A Great Business To Consider
Hard money loans make flipping houses easy. When you’re interested in entering the business ask GW Private Capital for help today.
Private Mortgage Lenders: The Benefits of Private Money Loans Over Bank
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…
8 Important Considerations When Choosing Suitable Hard money loan from a trusted 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 loan from a trusted lender’ help is with a fix and flip purchase. Unlike commercial banks where loans are held for a long time, private money lending involves few bureaucracies. In…
Fix and Flip Loan: Hard Money Loans: The Secret to Jump-Starting Your House Flipping
Flipping real estate has become a very popular and profitable business. Thankfully, there are alternatives to bank loans, that allow real estate investors to purchase properties quickly and easily. One of the most popular options is a private money loan, also known as a hard money loan. Check out these quick facts about how a…