We’ve mentioned a couple of reasons why people choose to go with hard money loans, including those with poor credit, a need to close as quickly as possible, or needs involving short term financing versus the typical bank financing which takes years. There are other reasons you may not be aware of, which we’ll look...Read More

A goal shared by many investors is snagging a great real estate deal. To achieve that, however, there is a significant amount of due diligence required to ensure that the deal is, in fact, a good one. With that in mind, there are simple ways to spot signs that may sway you to think twice....Read More

It’s widely known that investment property is a worthwhile way to build wealth, provided the property is being sold for a sum greater than the investment. When it comes time to move property out of your investment portfolio, there are several steps to consider to improve the odds of a greater return on investment. Start...Read More

Are you unsure if a hard money loan is what you need to manage your financial situation or purchase the home you been considering? There are a couple of signs that may help with determining whether you need hard money lending. You require quick money. Maybe you’re an existing homeowner and you’d like to purchase...Read More

  A prospective investor may come across a potential investment property only to find they are unable to secure the financing they need because of their credit score or lack thereof. If your credit is stopping you from receiving the funding you need, perhaps a re-evaluation of strategy and obtaining financing from Monroe Funding Corp...Read More

Are you looking to refinance? You may wish to consider a hard money loan. As we’ve stated in the past, a major perk of a hard money loan is how it can function as a short-term loan. With these loans, it’s not about the credit as it is based largely on real estate value. For...Read More

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 current market conditions. Distressed homes can certainly still be found, and...Read More

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 loan-to-value unless the land happens to be...Read More

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 hard money lender. If a hard money construction loan is something you’re considering as a broker,...Read More

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 considerably affect the loan you’ll ultimately receive. Let’s take supply and demand,...Read More