Heather Ellis
Hard money loan
I found a single family home for 12k. It's a mess, needs about 20k in repairs but other comps in the area have sold for around 65k. I don't qualify for conventional lending so I'm thinking of going with a hard money l...
David -
hard money loan
how are hard money loans structured? are they amortized or interest only?
if you got a 3 year hard money loan would you pay interest monthly for 3 years and pay principal in balloon payment after 3 years?
thanks
Nikita Odnoralov
Hard Money Loan
Hey - I just got UC for a condo flip here in Denver. The purchase price is $176,000 and the ARV is $250,000 with several recent identical comps in the same complex. I need a hard money loan that will allow me to put l...
Jamie Dietz
Hard Money Loan
Investment Info:
Small multi-family (2-4 units) private money loan investment.
Cash invested: $172,000
Great duplex will make a perfect BRRRR
What made you interested in investing in this type o...
Joel Beauchamp
Private Money Loan
Wanting to find a private money loan to fund a wholesale deal I have access to. Anyone know what the typical qualifications for a private money loan are? Hard money loans are more for purchase and rehab but will priva...
Marcella Sykes
Hard Money Loan
Hi Everyone, This will be my first attempt to secure a hard money loan and I would like to know what to expect.Is the loan based on LTV or ARV. What type of interest is the norm, how many points should I expect? How ...
Jonathan Plair
Hard Money Loans
Can you get hard money loans on properties that you own free and clear...maybe even with a tenants in them and use the properties as collateral?
Kurt Heise
Hard money loans
Why do so many succesful real estate rehabbers use hard money loans when they buy a home to flip? I'm wondering why they don't use their own capital to avoid costly interest rates.
Armando Fernandez
Hard money loans
Is it a bad idea to get a hard money loan for a first flip? Do you need money down? Do you get one under your name or a DBA or LLC? Do you pay monthly or is there a timeframe when it is due in full?
I am brand new an...
Nicholas S.
Private Money Loans
This is what I need help with. I am trying to purchase properties using Private Money(not hard money loan) in CA.
First, I am trying to find a good note template for a private loan specifically used to purchase real ...