With less than two months left until 2021 is here, you might be considering if next year a hard money loan is the best option for your funding needs. Let’s take a look at a few reasons why you might want to entertain going the hard money lending route.The frequently lengthy lending process, which is...Read More
With less than two months left until the 2021 launch, you might be considering if next year a hard money loan is the best option for your funding needs. Let’s take a look at a few reasons why you might want to look into hard money lending. The frequently lengthy lending process, which is often...Read More
Last month, signed contracts in Broward County proved to be greater than its neighbors according to a Miami Herald article as buyers are seeking properties with big city advantages. Recently signed contracts saw double digits increases year-over-year at Broward, a rise of more than 135 percent for single-family homes and an increase of just over 161 percent...Read More
Foreclosures are a popular yet risky investing venture, especially for intrepid investors that have little to no experience dealing with auction foreclosures. To minimize the risk, it is wise to proceed with a solid understanding of the risk involved. If you’re thinking about using hard money loans for an auction purchase, keep in mind some...Read More
In case you’re just beginning to get your feet wet with hard money loans, it’s worth familiarizing yourself with the various types of properties we can potentially finance. If you’re thinking about choosing this route for your financing needs, continue reading. Are you considering purchasing residential land, make improvements, and then keeping it as a...Read More
Should COVID-19 be a reason for a real estate deal to fall through? A Palm Beach Post article tells the story of a buyer who allegedly reneged on a $3 million property in Boca Raton after the outbreak. Instead of letting the buyer bow out of the deal, the seller sought legal assistance, informing the...Read More
In case you need yet another reason to consider a Florida hard money loan in 2020, listen up. FICO is making some considerable changes to the way it calculates a person’s credit score, and it may result in prospective borrowers facing even greater difficulty in getting approved for a loan. To better assess a borrower...Read More
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