You guessed it! The exit strategy!The exit strategy is a key determining factor for most hard money lenders on whether or not the loan is doable. The exit strategy must make sense.Consider the exit strategy and implor...
I wanted to find out what members are putting on their contracts concerning financing. If you are getting a hard money loan do you show you are obtaining a loan or put cash offer?
How difficult is it to get a hard money loan for a distressed property in a rural area (let's say with a 400 square mile area county that has a population of 100,000)?
Are there really a ton of distressed properties ...
I’m looking at Condos in my area in the $250k range, pulling $22.5k out of the 401k to buy, but was considering (if possible) a hard money lender for the other $40k (for 24 months) to avoid pmi (which is $270)My Ques...
How would one go about finding a flexible term hard money loan against real estate they own outright in the $4m range in California?Thank you!
Im looking to get my first property off of a friends father. its a 2 bed 1 bath single family home in a good location fully remodeled and rent ready he wants 45k for it but would probably take 40. I'm wondering where ...
I wondering what options are out there if I have six figures to invest, 750+ credit score, and real estate experience as an agent. I’m looking for something that I put a “down payment” or something and they lend to me...
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Currently have no real cash on hand but am confident and ready to look into a flip or a rental property. Do a lot of beginners use hard money lenders when starting? Thank you
So.. Here's the situation.
I've found a property I would like to purchase The bank won't loan on it because it needs some rehabI would like to get a hard money loan to purchase it and fix it upThen I would like to mo...