by monroefund | Sep 5, 2019 | Blog, hard money lenders FL, hard money lenders Miami, hard money lending Miami, hard money loans Miami
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...
by monroefund | Aug 27, 2019 | Blog, hard money lenders Miami, hard money lending Miami, hard money loans Miami
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...
by monroefund | Aug 22, 2019 | Blog, hard money lenders Miami, hard money lending Miami, hard money loans Miami
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...
by monroefund | Aug 13, 2019 | Blog, hard money lenders FL, hard money lending Miami
When it comes to an investment property, there are typically a pair of options to choose from: rent or sell. Selling is generally considered a short term solution while renting is a long term investor strategy. Each option has its pros and cons, though one may be a...
by monroefund | Aug 7, 2019 | Blog, hard money lenders Miami, Hard Money Lending Florida, hard money lending Miami
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...
by jimshak | Jul 30, 2019 | Blog, hard money lenders Miami, Hard Money Lending Florida, hard money lending Miami
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...
