Hard Money - Rates and Terms
Thursday, September 06
A very frequent question people ask hard money lenders would be ' what are your rates and terms?' The money being borrower is short term so rates will ranges anywhere from 10-18% depending on who you are talking to . The term is usually 6 months- 1 year. The reality of the difference of the an...
Hard Money - Requirements
Wednesday, September 05
What are the requirements to get a hard money loan? Many potential clients ask this question. The answer is simple, if the deal is strong we are interested in looking at it. In general, the ARV should be above 120k but the loan itself can be any size. Being a true hard money lender; credit, w2...
Century 21 Presentation - What Is Wholesaling
Tuesday, September 04
For anyone in the real estate investment world, 'wholesaling' is a common term. When people are new to the investment scene, they may not be familiar with what it is. The easiest way to state it is putting an agreement of sale under contract at one price and assigning the rights of that agreeme...
Councilman Allan Domb - When Is The Cycle Ending
Friday, August 31
Councilman Allan Domb is really addressed a lot of issues at the Market Makers event. He doesn't believe the real estate down turn is any time soon. He went on to talk about what can be done to strengthen the city including improving the school systems as well as his concerns with increasing th...
MiddleMen Podcast - Running Lean
Wednesday, August 22
George Beatty and Ian Walsh dive into some questions that are really important once a business is already running. George asked about allocating resources to continue to grow a business but not to a level of waste and bloat. The answer from Ian was from experience and failures in other business...
Hard Money - Private Backing Vs Bank Backings
Tuesday, August 21
Hard money has always been assumed by most people to be a form of private funding that is free from the grips of the institutional banking world. People believe that if they have a good enough deal, their personal borrowing strength won't matter. This is in fact correct if the company you are d...