by jimshak | May 29, 2019 | Blog, hard money lenders FL, Hard Money Lending Florida, hard money lending Miami, hard money loans Miami
A distressed property is one where the owner has defaulted on the home loan. Several years ago, a number of home sales fall under the category of distressed sales after the housing market bubble collapsed. The amount of distressed properties available is dependent on...
by jimshak | May 21, 2019 | Blog, hard money lending FL, Hard Money Lending Florida, hard money lending Miami, hard money loans Miami
Land loans tend to be an area where conventional lenders may show some degree of aversion. These types of loans are considered trickier to value based on the location and they are also considered riskier. In most cases, land loans will not go beyond 50% to 65% maximum...
by jimshak | May 14, 2019 | Blog, hard money lenders Miami, hard money lending FL, Hard Money Lending Florida, hard money lending Miami, hard money loans Miami
The lending landscape has changed considerably from all systems go to loans requiring some more investigation before proceeding. Informed mortgage brokers can set themselves apart and assist their clients in securing new construction loans by choosing a private or...
by jimshak | May 9, 2019 | Blog, hard money lenders Miami, hard money lending FL, Hard Money Lending Florida, hard money loans Miami
When applying for a conventional mortgage, it’s fairly simple to keep track of existing interest rates while having a largely solid foundation of what to expect. With hard money loans, however, they can be trickier to predict. They do have some factors that...
by jimshak | May 7, 2019 | Blog, hard money lenders Miami, Hard Money Lending Florida, hard money loans Miami
One of the major reasons real estate investors opt for hard money loans is their convenience when it comes to fix and flip projects. Money is provided quickly, a property can be swiftly improved, and then sold for a potentially sizeable profit. For those just getting...