Hard Money - Bank Funding Vs Private Funding
Monday, October 08
So the inside baseball on true hard money is knowing where it actually comes from. There are two forms of money in the hard money world. One form is institutional money and the other is private money. They each have their differences. It is much easier to raise institutional money, but the ri...
Hard Money - When To Pay Fees
Wednesday, October 03
Most hard money lenders will have to make money. That sounds obvious, but the question is where do they make money? Many times the money they make is in the form of points on the HUD. Sometimes people will hear about paying large amounts of money prior closing a transaction. We do not do thi...
Hard Money Bankers - Hard money multiplies your money by 5X
Monday, October 01
When our clients really learn the value of hard money and what it can do for their business, they tend to accelerate their ability to do more profitable deals. Hard money provides quite a bit of leverage for a person looking to scale their business. When a person only has to bring 15-25% in cas...
Marketing - Don't Make This About You
Thursday, September 27
Marketing is best served as a value add dish. This means that giving people value first and your product second is more important than just being a glaring billboard or commercial that is in their face. Focus on giving people quality content and helping others succeed and in turn you will have ...
Gary Jonas - How To Adapt When The Market Turns
Monday, September 24
Gary Jonas gave a great answer to what to do when the market turns against us. He said it has a lot to do with the years leading up to market cycle peaking. He wants to make sure that his investments will cash flow in the event that they lose value when the equity is pulled out of the market. ...
Hard Money - Percentages Don't Matter
Thursday, September 20
A common question people ask about with private money and hard money is how much the annual rate is. The reality is, because it is short term money, the difference is minor between companies. Rates range from 12-16% in most cases. The trick is to be fast with closing out a loan and in order to...