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25 January 2014 | 3 replies
a hard money lender lends based on the value of the property (or "after repaired value"), they will look at your credit, but are not as strict when it comes to your personal credit as, say a bank would be.Hard money loans aren't designed to be long term, they are for the time to rehab a house and sell it (for a flip) or rehab, put a tenant in it and refinance into conventional (In this case they will be more worried about your credit because they want to make sure you can refinance into a traditional mortgage).Most of the time you will be paying about 4 points and 12-14% interest (at least that's what I normally pay.They are not for Owner Occupied houses (I've never seen a hard money lender that would lend for that anyway), but for investment properties (which makes it a lot easier to foreclose on)andy
12 April 2017 | 57 replies
I would suggest that since he is trying to promote his own for-profit white-label solution/alternative to traditional crowdfunding, he may not be the most unbiased and neutral source for information.
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8 July 2017 | 16 replies
I'm interested to work with realtors or anyone that needs headshots, traditional photography and aerial photos and videos.
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8 September 2018 | 19 replies
We will be converting the IRA from a traditional to a Roth first so we’re not paying taxes on the income... ever. :) We would like to have the funds ASAP, but it’s hard to complain when you have $750/month coming in like clockwork.
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30 April 2017 | 8 replies
There's real reasons for traditional multipiece moldings.
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21 February 2018 | 32 replies
It would be nice if Podio/Insightly had this feature, but if you're like me who's old school and prefers to answer emails in the traditional manner, then this isn't a grave concern for me.
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29 October 2019 | 26 replies
I think you could do really well by advertising right and convincing people to convert from traditional rentals to an AirBnB model.
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24 January 2019 | 6 replies
@Kelvin Warren Bridge loans are traditionally given based on your current property with the expectation you will sell the property shortly to pay off the bridge.
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11 May 2016 | 2 replies
This is clearly a better format than the traditional method I've used in the past.
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20 July 2016 | 35 replies
What's the best way to bridge financing from the rehab period to this permanent financing (traditional...no private or hard money) and is their a stabilization period required for the raised rents?