Sentences with phrase «which hard money lending»
There are a variety of situations in which hard money lending can prove to be the most valuable form of financing.
http://www.hardmoneyfirst.com/ Not exact matches
You can go find a hard money lender, which is basically just a lender who is lending money against a hard asset, which in this case would be real estate.
Here are the Show Notes: Currently have 5 rentals and 80k of income and trying to paying off rentals because near retirement Also flips properties where the goal is 20k profit He outsources much of the work Got rentals in 2011 and regret not doing it earlier Got hammered in 2008 Got out of the market in 2000 Interest rates are very low which is different that past times which means a good time to lock in loans, stocks are pretty high Real estate is not for everyone and might have a wrong skill set If you don't want to do the work be a hard money flipper but only make 10 % (you need to have the money) Don't lend to someone doing their first flip Need to hire a virtual assistant — 5 properties can manage by self Let go of politics Marriage advice Begin with the end in mind — He already knows his legacy and just lives it Teaching kids financial principals — mindsets and habits To teach a 12 - year - old — give them money To teach a 30 - year - old — they need to want to fix the money problem Letting go to be happy richersoul.com
If you have a project in need of private capital funding, contact Montegra at 303-377-4181 for more information about our various hard money lending programs to find out which one best suit your needs.
The hard money lenders require an LLC to lend to, but then when I want to refi into a conventional loan, I wont be able to do so under the LLC as I'd have to get corporate loans which may require more money down..
Source Capital lends hard money to people with bad credit, which can be a result of any number of circumstances.
Searching for investors willing to put their cash into house - flipping projects is also time - consuming for the small hard - money firms that have traditionally lent to flippers, many of which rely on the same type of wealthy investors.