What is a Private Money Lender? Private money lenders are companies that lend money to real estate investors. The key distinction is, they’re not banks. That’s important because it means they offer faster, hassle-free loans. With private money, factors like credit...
The Basics of Hard Money Lenders If you’re researching all your financing options for your real estate investments, you might have heard about hard money lenders. But what are hard money lenders exactly, and why do they finance loans that may have been rejected by...
Applying with a Private Money Lender? What You’ll Need to Know For real estate projects to be effective, planning and researching must be involved. Having the proper paperwork available shows resourcefulness on the part of the borrower, and gives the lender...
If you’re looking for a way to finance a real estate investment, then you’ve probably heard of hard money loans. Also referred to as “bridge loans,” these are typically short-term loans provided by private lenders at a relatively high interest rate—sometimes as much...
As banks make it increasingly hard to obtain real estate investment loans, investors are turning to private money loans to bridge the gap. A private money loan comes from a private lending company rather than a bank. The money is often available in days instead of...
When selling a property, picking the right price is a make-or-break task that can mean the difference between closing a sale fast and hanging onto an expired listing. To choose the right price, you’ll need to look at true real estate comps. Real estate comps are short...
