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As any business owner knows, sometimes it can be very difficult to get funding when it’s needed. Many times, they can’t get money from traditional lenders or banks, forcing them to look elsewhere. In some cases, private loans can be the answer, but it’s important to know what they’re all about. Who Are Private Lenders?…

The commercial real estate trend will continue in 2022 and affect those that invest in commercial real estate. These trends are private loans, more remote workers and less office space rental, more industrial space and warehouse purchases, and sales of mixed-use properties with office and retail rentals. Remote Workers And Less Office Space Rental With…

Most people who have never taken hard money loans are tempted to think that these are quick and easy business deals that you can use to get hard cash. While these people are not necessarily wrong, there is more to hard loans than just that. Read more to learn about hard loans and how they…

House flipping is a type of real estate investment strategy in which an investor buys a house to sell it at a profitable price later. House flipping can be a profitable business, but renovating houses can be costly. Transactions also tend to take long. According to recent research, home flippers in the first quarter of…

Although private mortgage loans have less strict requirements regarding borrower credit and paperwork, it’s still important to know what it takes to qualify for a private mortgage loan. Keep reading to find out what private lenders consider when deciding whether to approve your application. How Do Private Mortgage Loans Work? Real estate investors use privately…

If you’re a real estate investor, you probably rely on loans to fund your purchase, so you can realize a return on your investment sooner rather than later. However, one major shortfall of traditional mortgages is the way they can get mired in a lot of red tape and paperwork. This is why fix-and-flippers and…

Private money real estate mortgages are a great alternative to bank or traditional mortgages. Not everyone qualifies for a bank loan and some property owners and borrowers prefer the convenience of a private lender as opposed to obtaining a loan through a bank or traditional mortgage lender. Speed If you are looking for a private…

An experienced private mortgage lender can fund a private mortgage within 10 days and sometimes sooner. GW Private Capital has funded loans within 2 days. This is not the norm, but it is doable. If your private money loan is taking more than a week or two weeks to close, you should be concerned. There…

There are several types of loans. Some require you to have a good credit score before applying and being approved, and some require collateral. A hard money loan is a type of loan that you can secure with your property instead of your creditworthiness. This term was coined in the 1950s. Unlike other types of…