So many first time investors are curious about hard money lenders. Who are they? What is it? How do I get some? Is it beneficial? Let me share with you some of the basic principles about hard money lenders.
Hard money comes from private individuals with a great deal of money on hand. This is why hard money is also referred to as "private money". The money used for investment purposes comes from people, just like you and I, not a typical lending institution.
It is good to know what the terms are when dealing with a hard money lender so you can find the one that will fit your needs. That's where I come in. I will walk you step by step, making sure the investment is beneficial and providing up to 100% of your loan request if applicable.
BAD CREDIT? NO WORRIES!
NEED PROOF OF FUNDS? CONSIDER IT HANDLED!
Hard money is great for beginning investors who may not have money or for those who have bad credit and cannot qualify. Investors also use hard money when they need to purchase quickly. Typical soft money or conventional loans take 30 days or more. Sometimes that is too long. Using a hard money lender is also a creative way to finance a property. If you can borrow enough money to buy the property, fix it up and then sell it under market value for a profit, then you've just made money without any of your own money.
Reply to email or give me a call anytime! Look forward to business with you!
Call Today:
Ken
770.988.4537
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