HomeLight

JULY 12, 2024

Are you planning your next real estate investment in Virginia and considering a hard money loan? Whether you’re eyeing a fixer-upper in Richmond’s historic districts or a commercial property in Roanoke, hard money lenders offer the quick and flexible financing solutions you need.

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HomeLight

JULY 25, 2024

This is where hard money loans come into play. These loans offer a fast, flexible financing option, allowing you to seize opportunities in Colorado’s competitive market. Interest rates for hard money loans are higher, ranging from 8% to 15%, and the loans are usually short-term, spanning 6 to 24 months.

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The Close

NOVEMBER 12, 2024

While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale. Let’s get into it!

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The Close

MARCH 11, 2025

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. Future development projects: Upcoming infrastructure or commercial projects can lead to increased demand and property appreciation in the near future.

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The Close

NOVEMBER 26, 2024

Check out the different financing types below for more info: Financing Type Best For What It Is Hard Money Loans Fast, short-term financing Short-term (typically up to 12 months), interest-only mortgages. These loans can have rates from 12% to 18% but can be funded in 15 days.

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HomeLight

JULY 16, 2024

Whether you’re flipping a Craftsman bungalow in Durham or securing a commercial property in Greensboro, hard money loans can provide the financial boost you need. These loans cater to investors who require fast funding and more flexible terms than traditional financing options.

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Marco Santarelli

JUNE 25, 2021

Therefore, the interest charge on hard money loans is higher since lenders are taking greater risks and the terms are normally 12 months or less. Hard money loans require the borrower to cover closing costs, application fees, appraisal fees, and any other costs associated with the purchase of a property.

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Marco Santarelli

OCTOBER 6, 2023

The rates on these types of loans are much higher than that of the traditional conventional loan, not to mention the upfront cost. Private mortgages (also called “Hard Money Loans,” trust notes, private notes, etc.), Many rehabbing companies will take advantage of hard money because of the short-term nature.

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Norada Real Estate

MAY 3, 2023

No Prepayment Penalty – Borrowers can pay off a VA loan early without incurring any prepayment penalties, which can save them even more money over time. These loans are typically issued by private lenders, rather than banks or other financial institutions, and are secured by the property being purchased.

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The Close

SEPTEMBER 11, 2024

Let’s look at these more closely: Expectations: Your mentor should help you establish clear expectations in the mentor/mentee relationship. A listing mentor would help you learn how to find clients, prepare for listing appointments, and close new listing contracts. A good mentor will challenge you to work to reach your results.

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Housing Wire

FEBRUARY 25, 2025

The best hard money loans for real estate depend on your investment strategy, whether youre financing a short-term flip, a rental property or a large-scale development. Ill walk you through my top picks for the best hard money lenders in 2025 and explain how to choose the right lender for your specific needs.

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The Close

JANUARY 23, 2025

Investing in commercial real estate is a fantastic way to boost your portfolio, especially if you want to move beyond stocks and residential properties. Heres a simple guide on how to invest in commercial real estate to help you get started. It’s key to understanding market trends, property valuation, and the legal aspects.

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