No matter your specific commercial endeavor, it’s important to understand that you have numerous options available for financing and funding it. Far too often, someone will give up on their efforts simply because they feel that they’ve exhausted their options. If you’re having trouble securing a loan to help you move your project forwards, Houston hard money lending opportunities are worth looking into. [Read more…]
Hard Money Lenders – 5 Tips To Get Funded
When there’s an ongoing project that you are having to finance, getting funding isn’t always as easy it should be. There are numerous options out there, but after a while there is a good chance that you’ll exhaust your other methods of financing and will still need cash to move your project forwards. That’s where the various hard money lenders Houston Texas can help. [Read more…]
How to Be a Hard Money Lender and Get Double Digit Returns
Hard money lending is a key part of the financial sector. This type of lending involves asset based lending – loans that are secured through assets instead of being based on credit scores and income alone, in other words. And ask any of the hard money lenders Houston is home to, and each will likely tell you different information about the best way to go about succeeding here. However, understanding a few basics can help you get double digit returns and move your financial situation forwards in a big way. [Read more…]
Residential Investment Property Hard Money Lenders
Residential properties are more than just homes for people – they’re also a solid investment opportunity and one that can help you transform your financial portfolio in a big way. But it’s not always that simple to get the funding needed, and for commercial endeavors sometimes looking at a hard money lender Houston is a good idea. [Read more…]
Commercial Hard Money Bridge Loans
When you are undertaking a project of any kind, whether it is construction, development, or short-term investment in real estate, one things is a must – financing. But at times, qualifying for a loan isn’t always possible. In these situations, taking out one of the bridge loans Houston private lenders offer is well worth considering. [Read more…]
Hard Money Commercial Lending
Any commercial endeavor requires one thing – the funds to get it finished. Finding commercial financing for any project, whether it is real estate investing, construction, or something else entirely, can be difficult at times. There are numerous choices available, and finding a hard money mortgage lender Houston TX is one option that’s well worth looking at in many instances. [Read more…]
Texas Hard Money Loans
Finding funding is a key part of moving any business operation forwards, and the lending world offers numerous opportunities for those who need a loan as well as those who are investors looking for something that will net them a solid return. Hard Money Loan Texas.
One option that is worth looking at is bridge loans commercial real estate. Hard money loans are often utilized as bridge loans, and they offer numerous benefits for those who need money. These include: [Read more…]
Hard Money Commercial Loans
When you are involved in any kind of commercial endeavor, there is a good chance that you will end up needing financing at some point. There are numerous types of loans out there, and finding the one that is right for your project goals is important. Understanding hard money lending Houston is a good idea since hard money loans are often an integral part of getting results within the development, investment, and real estate worlds. [Read more…]
Understanding The Basics Of Getting A Hard Money Loan In 2015
In today’s real estate market, a traditional loan can sometimes be hard to come by. Fortunately, hard money loans mean that it is no longer necessary to jump through all those hoops set up by your bank in order to get a loan. There are several things to understand about these loans including how they work and what you need to do to secure one. There are numerous Houston hard money lenders out there, but knowing the basics is important first. [Read more…]
Houston Hard Money Lender
Those who are looking for a commercial loan may wish to check into a hard money loan. Hard money loans require no credit check, give you a high loan-to-value ratio and allow you to rehab, flip or refinance properties to help you build equity faster. The best part is that loan applications can be processed quickly to let you move fast on investments that make sense for you.
You May Not Have $200,000 or More Just Laying Around
A hard money loan can help you make moves even you don’t have the money in the bank to purchase a property. If you don’t have good credit and/or you are going to flip the home quickly, a bank may not approve a mortgage application. With a hard money lender, you get the money and buy the property with few questions asked. You then sell the property or refinance the loan as soon as possible to either repay the loan or convert it into a more traditional mortgage.
Mortgage Applications Can Take Awhile To Process
If you are able to get a mortgage, it can take weeks or months to process. You may also have to answer a lot of questions regarding how you are going to use the property and document where the money for your down payment is coming from. Those who don’t have 20 percent down may have to opt for a government-backed loan, which means that you aren’t going to be able to sell the property before 12 months have passed. With a hard money lender, you are able to do whatever you want with your property.
Get A Loan Based On The Value Of The Property After Repairs
You may be able to secure a loan based on its value after repairs have been made. This can help you gain access to more money upfront, which may make it possible to both purchase and rehab a property without having to spend any of your own money. For investors, having the ability to leverage a hard money loan may make it easier to purchase multiple properties and diversify their portfolio.
A hard money lender may be able to help anyone become a real estate investor. Even if you don’t have great credit, you can get a hard money loan, buy the property you want and make money on your schedule. This may offer individuals the ability to gain financial independence and security both now and in the future.