by jimshak | Apr 29, 2019 | Blog, hard money lending FL, Hard Money Lending Florida, hard money lending Miami, hard money loans Miami
Are you looking to beef up your commercial real estate portfolio? You may wish to consider a hard money lender to assist you in your efforts. Let’s consider a few reasons why. Quick commercial loans. We’ve mentioned in the past that the traditional bank loan approval...
by jimshak | Apr 19, 2019 | Blog, Hard Money Lending Florida, hard money loans Miami
Budding real estate investors may come across a term at some point called “cap rate”, which isn’t as intimidating as it sounds. In fact, the cap rate is quite simple. At its essence, the cap rate refers to the ratio of a property’s income over its value or cost. It is...
by jimshak | Apr 15, 2019 | Blog, Hard Money Lending Florida, hard money loans Miami
When trying to purchase a property through a conventional route, one’s credit history needs to be near perfect to receive approval and a favorable loan rate. However, to build credit one must create temporary debt, so what do you do if you prefer to use cash as much...
by jimshak | Apr 10, 2019 | Blog, Hard Money Lending Florida, hard money loans Miami
Fraud is common in the financial industry, and hard money loans are not immune to fraudulent practices either. If you’re thinking of choosing a hard money lender for your next investment to purchase, there are a few things to watch out for. Extra fees. Yes, a hard...
by jimshak | Apr 8, 2019 | Hard Money Lending Florida, hard money loans Miami
With real estate investments, time is a critical factor. Lucrative properties are seemingly purchased the moment they are listed for sale. Because of this, hard money loans are a highly effective tool for real estate investors to use. How so? As we’ve mentioned in...