What is a “Hard Money” loan? That’s a good question, but contrary to a popular myth it’s not because it’s “hard” to get. Traditional real estate loans like a personal mortgage are based on the borrower’s personal ability to repay the loan. This is measured by things like personal earnings, debt to income ratio, and credit score. These are all intangible or “soft” assets. Hard money loans, on the other hand, are based on a “hard” asset or the value of the property, so we don’t ask for documentation of income or any of that messy stuff. We will do a soft pull on your credit and it may have an impact on rates, but it will never prevent you from getting a loan.
18 People Who Can Send You Fix & Flip Referrals Today My favorite leveraged way to find motivated sellers and discounted properties is to have a whole team of people sending referrals to [...]
What Exactly Does 100% Financing Mean in the Fix & Flip World? Life would be easy if we all the same definitions for things, right? Unfortunately, an eye-popping claim like “100% financing!” means [...]
How to Structure a Purchase Contract for your Next Fix & Flip So… you found a property to flip! That’s the hardest part, so well done! But, you’re not out of the woods [...]
The 3 Secrets to Success Larry Miller Personally Taught Me Many years ago, I won a Young Entrepreneur award. The grand prize? A lunch with Larry Miller! If you don’t remember Larry, he [...]
Looking for a hard money lender that has experience in your state?… Here are just a few of our recently funded deals so you can get a taste of what we’ve done in your state. If you’re not seeing something in your area… don’t worry… there’s lots more where this came from. Just give us a call and we’ll send you some HUDs of properties we’ve funded close by.