Expectations of Texas Private Money Lenders
Tuesday, March 26
Sometimes in order to be approved of a loan, you need to turn to untraditional lenders. But who are they, and what expectations do they have of their borrowers?Ken and Hannah were looking to fix and flip a home. Ken was experienced in interior design, but neither of them had ever flipped a home. ...
What are the Dangers of Texas Hard Money Loans?
Tuesday, March 26
Seeking out a hard money loan may seem like your only option—but is it the best option?Texas Hard Money Loans are often referred to those who cannot qualify for traditional lending options. They are offered by private companies and investors who base their approval process on a very individual ba...
Are Arizona Hard Money Lenders the Real Deal?
Tuesday, March 26
Qualifying for traditional loans is not always easy—but is seeking out private, untraditional lenders really what’s best for you?Tori and Tony wanted to learn to fix and flip houses, but they couldn’t qualify for a traditional loan. Their local bank and credit unions all said the same thing: thei...
Pitfalls of Hard Money Lenders
Tuesday, March 26
Oftentimes, private lenders are suggested to borrowers who have poor credit or are unable to be approved by traditional public lenders like banks—but who are private lenders? Read more below to find out what you need to know before beginning the loan process with an alternative investor.Alec was ...
How to Make Money with Arizona Fix and Flip Loans
Tuesday, March 26
It’s no doubt the resurgence of people looking to fix and flip properties is based on the numerous shows about fixer uppers on HGTV—but how can you do it successfully?There are a few things all the stars of HGTV have in common: money and experience. To the average viewer watching at home, fixing ...
4 Types of Investors Who Can Get an Advantage with Private Money Loans
Tuesday, March 26
aren't always the best option, but there are several scenarios where they actually give the borrower a clear advantage. Here are four situations where private funds eclipse traditional loans.Before we look at how private money beats bank funds, let's define what private money is exactly. In shor...