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.
Flipping houses is an acquired skill that takes time to develop. When you first begin, there are many challenges to overcome, and you have a lot to learn about the craft. One of the [...]
3 Ways to Take Advantage of Investment Property Loans With the current real estate market sporting steady profits, thousands of people jump on the investment bandwagon. You can earn phenomenal returns on [...]
Short-Term Hard Money Loans vs Long-Term Hard Money Loans: Which Is Better? Do Hard Money has been in the real estate investment business for over a decade and we've seen every type of loan [...]
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.