Sentences with phrase «as private hard money lenders»

Also, since Banks are Federally regulated, they have many more arcane forms & documents required for compliance purposes which we can mostly (if not completely) skip as Private Hard Money Lenders.

As a Private Hard Money Lender, Glassridge can almost always close on your real estate investment loans faster than any bank could.

Not exact matches

Hard money lenders are also known as direct or private lenders.

In lending circles, this is known as a hard money loan and is financed by private lenders.

Hard money lenders are frequently thought of as lending firms who find borrowers in need of a private money loan, draft all the disclosures and documents and then fund the hard money mortgHard money lenders are frequently thought of as lending firms who find borrowers in need of a private money loan, draft all the disclosures and documents and then fund the hard money mortghard money mortgage.

In the sales pitch, the sellers of these lists make it seem as if hard money / private money lenders are hiding from borrowers and that only privileged people (who buy the list) are able to speak to the lenders.

In some parts of the country such as San Diego, Los Angeles and other areas in California it is easy to find private lenders as there are many local hard money lenders.

Some may refer to «hard money lenders» as established companies that offer their lending services, while a private money lender may refer to an individual investor who is willing to loan their personal funds.

If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us at the numbers and email addresses listed above for Sacha and Pat.

10 and 1 is a private guy who has a small amount of money and only lends to people he knows, but promotes himself as a hard money lender.

As a private / hard money lender, I have no problem with my borrower selling an option behind my position.

Now I'm looking for private hard money lenders and found this post as a great help in this area.

Hard money typically requires making monthly payments whereas private lenders will offer balloon loans that don't get paid back until the property is sold (with huge interest, of course) and you can request draws of the rehab funds as the project is completed.

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As I would like to become a «hard money or private money lender», I still have questions not answered in your article.

I will be using poetic license in referring to the «lender» as owner financing / private lending / hard money.

As a leading lender in the private capital hard money industry, Montegra strives to offer the lowest competitive hard money loan rates available and is always willing to adapt our loan programs to fit the needs of a mercurial commercial real estate industry.

As a Borrower, this can be a good thing, since it means Private Hard Money Lenders have to compete with commercial bank mortgages, giving you access to better terms & rates.

Hard money loans, which are also known as private capital loans, are frequently a useful resource for borrowers who are having difficulties finding a traditional lender that is willing to fund a loan to buy an investment property.

As with any industry, there are a few predatory practitioners, but the vast majority of hard money and private capital lenders are reputable lenders who want to help borrowers, not take advantage of them.

My point was that a) Upfront fees are unusual for «Private Lenders», and b) If they are charging up front fees, they are Hard Money Lenders (HML), or as you conclude, «scammers».

Hard money lenders are able to close the deals quickly, even in less than a week, as their funds mostly originate from private investors.