The opportunities for private money lenders-real estate investors go hand in hand. Real estate investors often need cash to make the necessary renovations to properties before putting that property on the market, and private money lenders have that cash to lend for those repairs. The investors get the cash they need, and the investors get […]
Will Private Real Estate Financing Work For You?
It’s hard to imagine this is the final season of Fixer Upper, the wildly popular television series about Chip and Joanna’s adventures in fixing up old homes and reselling them for a profit. It’s easy to imagine how a TV show about fixing up old houses would be so wildly popular; it can be wildly […]
Understanding the Business Hard Money Lender Process
You and your partner have been searching Houston, TX, for a perfect fit investment property and you believe you have found one. The only problem is the bank says it is not in “living condition,” so they will not lend you the money you need to make it livable. Therefore, you will now need to look for a loan from another type of business. Hard money lenders look at the overall value of the completed project to determine the amount they will lend you and the terms of the loan.
Private Financing for Real Estate: A Win-Win
Why Use Private Financing for Real Estate? Many people might wonder why anyone would use private financing for real estate, when banks and other financial institutions offer a much lower interest rate. The facts are that with private financing, you need not worry about your credit score or other means of establishing creditworthiness. The interest […]
Strategy Tips for Lenders for Real Estate Investors
“A bank is a place that will lend you money if you can prove that you don’t need it.” — Bob Hope Private Money Lenders for Real Estate Investors What’s great about that joke, coined by Bob Hope decades ago, is how true it was then and still is today. Many would ask, “Why is […]
NEEDED: Private Money Investors for Real Estate
Would you like to make more on your investment money than the puny interest rate they give you at banking institutions? Have more control over your investments than stocks, bonds, or even mutual funds? Private money investors for real estate can get bigger returns on their investments while helping their community grow and flourish. Private […]
Do the Remodel with Rehab Lending
Whether you are planning to do the remodel yourself or hiring a contractor to remodel the attic, putting a mother-in-law apartment in the basement, a rental studio suite over the garage or buying a property with the intent of remodeling and reselling it, your best option for rehab lending is most likely a private lender. […]
Now Is the Time to Get a Loan to Buy a House
Whether you are looking for a new home, want to renovate your current home, or perhaps it is the first time you are buying your own place, this is the second-best time in history to get a loan to buy a house. 30 years ago, would have been the best time to buy a house. […]
How to Find Private Lenders for Home Loans
The Benefits of Using the Services Offered by Private Lenders for Home Loans Private lenders are crucial in the success of real estate developers, investors, and contractors. They come in handy when one is in dire need of money to complete a renovation project quickly, flip the property, and repay the loan in a short […]
Rehab Money Helps the Homeowner
Well, today went great. You “won” the auction and you’re now the proud owner of a 2,300-square foot house, though it will need some work and rehab money. Despite what you see on those HGTV shows, such as Love it or List it, Flip or Flop, Beach Flip, Holmes Makes it Right, et cetera, a […]