There is the common term “hard money” which most people are familiar with and then there is “soft” money, which may not seem quite as familiar. These two share a few similarities, but there are also significant differences. Let’s take a brief look at the two and how they may affect you as a borrower....Read More

You’ve secured the hard money loan funds for a fix and flip. As an investor, time is of the essence as it can affect the bottom line because of factors like loan interest payments, changes in the market, or property taxes. Furthermore, the project risk increases as time passes between its purchase and sale. How...Read More

As more people choose to go the hard money lending route versus dealing with the hurdles of a conventional loan, prospective borrowers must do their homework and avoid common mistakes. Let’s explore two of these. For starters, borrowers should have a solid foundation of how much money they need to borrow. Many private loans are...Read More

Real estate in South Florida continues to earn a tremendous amount of attention from foreign nationals. These are people who maintain a part-time residence in the United States but remain citizens of another country. Obtaining a traditional loan may prove difficult for these people for reasons such as a bank not being able to verify...Read More

Hard money loans remain a great choice for real estate investors that want to take advantage of the many benefits associated with “fix and flip” properties. The money can be obtained quickly and the loans can be paid back in months versus years. How do you find these lucrative properties? It’s easier than you may...Read More

Real estate provides a wealth of different investment opportunities. Hard money lending is one of many approaches an investor can use. Hard money lenders place as strong of value on real estate as most real estate professionals do. If you are a prospective investor, you should have a solid understanding of the market as well...Read More

With hard money loans, the interest rates are largely based on risk versus a borrower’s credit score. It’s important not to confuse them with equity loans, which are issued by banks after evaluating the value of a home and the borrower’s credit score. A hard money loan is a viable solution if money is needed...Read More

When you’re applying for a hard money loan, you may only deal with one or two people during the process. Behind the scenes, however, there may be several players that are contributing towards getting you the money you need quickly. It typically starts with the private lender who is responsible for originating the loan and...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