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Hard Money Lending Florida
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...
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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...
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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...
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If you’re just getting started with the world of hard money lending, you may be wondering whether an uptick in federal interest rates will affect the rates for a hard money loan. To put it simply, hard money loans rates are affected by supply and demand. Supply and demand play a pivotal role when it...
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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...
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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....
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