Understanding Credit Scores

What Is a Good Credit Score Range?   Ever wonder what is a good credit score, and why this little three-digit number is so crucial to your financial well-being? Can it really affect your everyday life? And what kind of control do you have over it? In a special guide to credit score ranges, Saundra […]

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4 Essential Loan Steps to Get a Loan to Flip a House

Loan Steps for House Flipping   If you go by historical data, then the very first mortgages that were issued happen to be traditional mortgages itself. It wasn’t until later that the concept of mortgage financing came into vogue for the low-income buyers or those who happen to have special demographic requirements. Arm yourself with […]

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5 Real Estate Financing Hacks Ideas

Real Estate Financing Options Being one of the investment geniuses of the current time, Warren Buffet has certainly given a decent piece of advice for our average Joe. According to a recent survey done by Trulia, the American dream of owning a home is alive, and in fact, more people are adding it to their […]

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Why Would You Borrow From a Hard Money Lender?

Common Reasons for Hard Money Loans Why would someone ever borrow a hard money lender? Why would you need a hard money or private money loan? Most assume it’s due to having bad credit or when money is needed fast. So, what is a hard money loan? This is any non-bank loan from a private […]

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6 Key Traits You Should Seek in a Hard Money Lender

How to Find a Good Hard Money Lender You’ve found the perfect distressed property to fix and flip. You’ve done your due diligence. The price is right. The rehab is doable and can be done on a timely basis. The profit is just waiting for you. So what’s the holdup? The answer is the financing. Even […]

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How Are Hard Money Loans Structured?

When Hard Money Loans Are a Solution Hard money loans are not for everyone. They are the province of a chosen few – lenders, as well as borrowers. Just the word ‘quick’ eliminates traditional lenders who subscribe to the longer the better philosophy, preferring to finance a loan for the long-term since interest payments are […]

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Private Money Lender Checklist

Be Prepared So Your Loan Closes Swiftly There is a sense of urgency with hard money loans or private money loans. For whatever reason, such as an interruption of funding or a quick take down of cheap property, a hard money loan usually needs to be acquired quickly. It is important to help a lender feel […]

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Real Estate Investors Use Hard Money Loans for Big Profits

Profit Like the Pros   Real estate investors who are landing one good deal after another have depended on hard money lenders in recent years. Although some real estate investors with good credit and income are able to secure bank loans for these purchases, most investors are using hard money lenders to close quickly. Because […]

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Bankruptcy & Foreclosure Loan Tips

Mortgage Options with Bankruptcy or Foreclosure Since the credit crunch of 2008 began, hard money lenders have stepped up to fill the void in the area of lending. For those who have had a bankruptcy or foreclosure on their credit in recent years, bank loans are simply not an option. These borrowers have had to […]

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