Your search for a hard money lender in Salt Lake City, Utah, should start with us! – We are Salt Lake City Hard Money Lenders.
DFW Hard Money is a Utah lender that can help with your project.
Hard Money Salt Lake City Loans is what we do!
With your next Utah real estate project, we can help you turn a profit quickly.
A Hard Money Salt Lake City Lender You Can Trust
Investment Property Loans Across UT
Salt Lake City, UT, is ever-expanding, thus making it an excellent place for investment for today and the future. If you are undertaking any real estate project, please keep our number handy.
You never know when you may need a hand to push you over the finishing line.
Hard Money Loans – When Should You Use Them?
The 2 main reasons are when you need to close or get something completed quickly and when the interest rate is competitive enough to make it work.
Having this can change the outlook & outcome of your investments – it can lead to a sale with a profit or a finished project drawing rental income
This is where a lender like us can help.
What Are The Main Investment Strategies In Salt Lake City
When It Comes To Hard Money?
1 – Fixing and Flipping Property:
The age-old practice of ‘fix and flip’ is where a property is bought that needs repairing or renovating – doing the required work and then selling it for a profit. This has been practised for decades, and in 2022 in SLC, it will be no different.
A major factor as to how profitable this process can be is speed. Time is money, as they say. Getting the job done and sold is the key. Access to fast hard money funds can be key – especially at the right price!
2 – Commercial Use:
Commercial properties, warehouses, offices, shops, manufacturing, etc., are not dissimilar from ‘fix & flip’ except they are commercial buildings/facilities rather than residential.
The same principles are in play. Get in, do the work, and get out by selling or renting/leasing.
Due to the commercial nature of these projects, larger sums are often in play, involving banks that can be very slow and paperwork focussed. They can also be expensive and rigidly structured.
Involving banks will often focus on you rather than the project in hand – bad credit, personal loan credit score problems, and minimum credit score, among others. Thus, the real estate project’s potential is overlooked.
A hard loan with the right company can look past all this, see the potential, and help the investor.
3 – Transactional Funding:
Transactional funding can apply to all manner of real estate – residential, commercial, etc.
The role of this funding is always for other projects to happen, e.g., DFW Hardmoney would provide funds for the buyers closing while waiting for their buyer’s funds to come through. This allows those seeking this to get hold of the coming money to start a new project.
4 – Land Development:
Land developing projects are any project that changes the landscape of a property asset – a house, a factory, a warehouse, some offices, or even just bare land itself.
Like #2 and Commercial use, this can involve larger sums and rely on slow-moving & bureaucratic companies, i.e., banks.
What Does A Hard Money Lending Process
in SLC, UT Actually Look Like?
As a private lender – DFW HardMoney can organize a loan quickly to help your project succeed.
Not all hard money lenders in Salt Lake City are transparent like us and will try to hide fees. This is not how we work – this is why we are highly trusted and highly recommended.
Trusted Salt Lake City Hard Money Lenders
Having been doing this for many years and having a lot of experience, which we are very willing to pass on to our clients and our potential clients – we are here to offer advice and make your real estate Utah project go as smoothly (& quickly) as possible!
An easy loan process
Free applications.
Same-day approval.
24-hour closing.
Just complete a simple private money loan application with your financial information. It takes about 10 minutes.
Once we have all the information we require, we can get back to you within 24 hours.
Our requirements are unambiguous and can be found here – DFW HardMoney’s Loan Terms
They include an $850 fee for closing costs.
Only non-owner-occupant loans (individuals and corporations allowed).
A personal guarantee.
Lender to be in the first position.
Here is a video to help explain all:
Hard Money Loans Salt Lake City UT –
Real Estate Loans and Closing Time:
Closing quickly is essential. We pride ourselves on our speed!
You need to check out the testimonials from previous clients to see if the company you are thinking of using can be trusted.
We can:
They should also have proven examples of where they have closed in as little as 24 hours; or as soon as the property title is clear.
Hard Lenders In Salt Lake City – DFW-HardMoney.com
With over 20 years of real estate & real estate loan experience, DFW has helped many investors succeed with hard money loans.
We’re a private money lender serving real estate investors who are flipping houses and need funds for commercial property investments, transactional funding, developments, and more.
Hard Money Lenders SLC – A direct, trusted hard money lender – We can help!
We operate in the following areas:
DFW, Denver and Colorado, Birmingham and Alabama, Tampa and Florida, Atlanta and Georgia, Kansas and Missouri, OKC and Oklahoma, Charlotte NC, Raleigh NC, Nashville and Tennessee, and Texas (Dallas, Fort Worth, Houston, Austin, San Antonio
1-4 Fix and Flip | Commercial | Multi-Family | Land Development | Vertical Construction | Transactional Funding | Purchase Price Only
Learn more about DFW Hard Money, call (817) 200-7575, or complete a no-obligation application today.
We’re happy to supply you with references and testimonials from the many real estate investors we’ve helped.
Salt Lake City Gov
Salt Lake City – Wikipedia