How to Avoid Hard Money Lending Scams
Hard money lending makes it possible for real estate investors to quickly get loans needed to finance deals when conventional lending is not an option, whether due to the type of business (flipping houses), a short time frame, or other needs. However, hard money lenders are not regulated in the same way as conventional lenders, and when searching for an
Good vs. Bad Hard Money Loans
Hard money loans are an excellent option when needing money to flip a house. Hard money loans, also known as fix-and-flip loans, typically have low barriers to entry. With that being said, how do you know if you’re getting involved with a good or a bad money loan? Hard money loans are provided by a private business or investor pool
What Are The Interest Rates for Hard Money Loans?
The rates for these loans are very importantwhen considering using hard money lenders. The hard money lender rates can vary from 12% to anything up to 25%. Various variables affect this, and this article will try and shed some light on how they are calculated. Any loan from the bank will have low to medium interest. A hard money loan
Beginner’s Guide to Closing & Sustaining a Flipped House Project
Flipping a house and selling it is rarely as easy as it seems. Popular television shows often make it look like a glamorous endeavor, rarely showing all of the groundwork that goes into the process throughout the way. Many first-time house flippers quickly find themselves stuck when trying to navigate to their first sale. These individuals oftentimes overlook the essential
What Is A Fort Worth Hard Money Loan?
A hard money loan is an often used term but most people are not 100% sure about what this term really means. With the many different definitions floating around it is hard to know which one is right. A hard money loan is different from a bank loan because the person taking this loan usually does not have any collateral
How to Get Money to Flip a House: Types of Loans
Modern-day house flipping became more popular due to the continual rise of home prices in the late 2000s. This boon created new pathways for potential prospects to secure a loan to purchase a house. While we won’t dive entirely through the process of house-flipping as we do here, we will talk about the different ways that you can get money to