We have a few options: try to refi the property from # 3;
use hard money lending to buy another 1 - 2 rentals and refi out immediately, or use HML to flip another house for some more cash.
Not exact matches
Founded in 2007 with over ten years of experience and over $ 250 million loans funded, Source Capital is equipped to handle even the most complex real estate transactions
using our Palm Springs
hard money lending service.
Hard money lending is only for short - term
use.
It
used to be that
hard money lenders would
lend solely based upon the deal or property at hand.
Qualifying for an FHA loan from traditional
lending sources can be difficult; real estate investors looking for quick rehab loans must often
use hard money lenders to procure the financing they need in a timely manner.
How
hard is it to
use funds like these to do
hard money lending?
@Roland Brown, I don't think it's
hard at all to
use the
money for
hard money lending; the question is
lending to the right people, properly underwriting the loan so that you minimize the risk - or having someone you trust doing that for you.
Surly you can find some established
hard money lenders and ask what
lending lawyers they
use?
Hard Money Lending: Hard money lending by far the most flexible in terms of use of funds available for purchase and rehab
Money Lending:
Hard money lending by far the most flexible in terms of use of funds available for purchase and rehab
money lending by far the most flexible in terms of
use of funds available for purchase and rehab work.
I will be
using poetic license in referring to the «lender» as owner financing / private
lending /
hard money.
How to get approved and qualify for a
hard money loan Hard money loans are types of mortgages used in commercial and residential lend
hard money loan
Hard money loans are types of mortgages used in commercial and residential lend
Hard money loans are types of mortgages
used in commercial and residential
lending.
In some unexpected ways, today's
hard money lender is acting more like the old fashioned bankers
used to act and today's bankers are acting like blind followers of computerized
lending processes.