FAQ

Eliminating contingencies with hard money

Eliminating Contingencies with Hard Money

By Stephie Althouse / June 30, 2020 / 0 Comments

Surely, you or one of your clients have been in this situation: You unexpectedly find a property that you think is perfect. It is one of a kind, and you really want it. But there is no way you can buy that property unless you sell your current property first. Furthermore, there is no way […]

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hard money line of credit

Hard Money Line Of Credit: Who Knew There Was Such Thing?

By Stephie Althouse / May 14, 2020 / 0 Comments

Everyone has heard about equity lines from a regular bank. As with most bank loans these equity lines require that the borrower qualifies which includes having good credit. Some people, and especially, business owners, often do not qualify for these kinds of loans. This is because they cannot show their income clearly enough or their […]

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Commercial hard money loans

Commercial Hard Money Loans – What Are They And Who Needs Them?

By Robert Donnell / January 30, 2020 / 0 Comments

Commercial hard money loans are somewhat different from those for residential real estate. What makes commercial hard money loans different from residential ones? Let’s look at what makes commercial hard money loans different from residential ones: Commercial hard money loans are often larger than residential ones. They can go into the many-million-dollar range (100k – […]

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how to find hard money lenders

How To Find Hard Money Lenders For Real Estate

By Stephie Althouse / December 2, 2019 / 0 Comments

How to Find Hard Money Lenders For Real Estate Of course, you can use Google or your favorite search engine to find a hard money lender. You still want to make sure the hard money lending company is credible. Finding a Hard Money Lender for Real Estate who is Credible This brings up the interesting […]

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No money down hard-money lenders

No Money Down Hard-Money Lenders – How it Works

By Stephie Althouse / December 2, 2019 / 0 Comments

How does it work with “No money down hard-money lenders”? To get a no-money-down hard-money loan for buying a property one needs cross-collateralization. That means the borrower needs to own a property that either has enough equity or better yet, is owned free and clear. Here is an example. You want to buy a property […]

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What is a Hard Money Lender?

What is a Hard Money Lender?

By Robert Donnell / July 16, 2019 / 0 Comments

What is a Hard Money Lender? As the name suggests, a hard money lender is a non-traditional lender that gives consumers an alternative choice to access funds when the traditional sources like banks make it hard or difficult for them to get approved for ordinary loans. Simply put, hard money lending is a way to […]

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what is hard money?

What is Hard Money?

By Robert Donnell / July 16, 2019 / 0 Comments

What is hard money? This is a frequent question for many borrowers who are locked out of traditional real estate financing. “Hard” is one of the last things anyone expects to hear as a description of money. Upon further analysis, the term hard money is actually apt because money doesn’t grow on trees and can […]

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what is a hard money loan

What is a Hard Money Loan?

By Robert Donnell / July 16, 2019 / 0 Comments

Hard money loans have become increasingly common over the past few years. Despite this rise in popularity, many people don’t know what they are or how they can take advantage of them. Those that are familiar with the term may also not realize the full extent of their potential. Read on to learn what is […]

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