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If you need funding for a real estate investment, private money lenders can be your best solution. Whether you need the loan and your bank won’t do it despite you owning real estate, or you bought a commercial building and cannot go to the bank for a loan, a private money loan is available for…

When you find yourself in a situation where scholarships and federal student loans are not really covering for all your expenses in terms of your higher education, you can turn to private loans for financial support. Read on to learn more. What Is a Private Student Loan? Private student loans can be considered as student…

If you’re considering buying a house, renovating it, and selling it for a profit, you will likely need a loan in order to finance the process. Even “fixer-upper” homes can be expensive, and getting funding to flip a house can be difficult if you go with a more traditional loan through a bank. That’s why…

If you’re currently in the process of buying a home that you plan to flip, you are probably also in the process of figuring out how to finance your new project. If you’re interested in a private money loan but are unsure of what it is and how it can benefit you, here is some…

Financial questions can be some of the most complicated and difficult to navigate in our lives. One of the hardest things to understand can be a hard money loan. Hard money loans are interest-based, short-term loans for a non-owner-occupied property. To feel confident in their loan choice, most people will need to ask a hard…

It’s common to read information online about house flipping and think that it’s a fun investment opportunity to try out. However, there are several major mistakes that new house flippers often make that can cost them quite a bit of money. If you’re interested in breaking into house flipping, using private money lenders to finance…

The traditional bank loan application process can be stressful and overwhelming. You may need to jump over various hurdles such as good credit ratings, property appraisals, income declarations before they can consider your loan program. The bureaucracies can have you waiting for more than 45 days for your mortgage approval. Private money loans are an…

If you’re looking for a mortgage to buy real estate, refinance an existing property, take out a second loan or invest in a flip, private lending may be an option to consider. 1. Greater Flexibility Some borrowers may have been turned down by traditional financial institution or they don’t want to go provide the lengthy…

When deciding to purchase a commercial building, how you plan to finance this acquisition should be your first consideration. If you are not using cash, you must determine your financing options. Some financing options are to obtain a commercial loan from a bank or from a mortgage broker. You may also qualify for an SBA…

There are alternative mortgages options to banks or traditional financing sources. Private mortgages or hard money loans are loans that are funded by private individuals or private money lenders for real estate. Private mortgages fill a need for borrowers and properties that might not qualify or fit within the loan guidelines of traditional lenders. Private…