Marco Santarelli

DECEMBER 22, 2020

Some people take out an interest-only loan because they can’t afford to pay on the principle. Yet interest-only loans are attractive because of the low monthly payments. This is a popular loan for property developers. You get the money to buy the property. This borrower demographic is very high risk.

Mortgages 122

Mortgages Purchase and sale agreement Fixed-rate mortgage Loans 122

Marco Santarelli

AUGUST 16, 2024

Explore financing options: Research mortgages, hard money loans, and private lending options. Shop around for competitive interest rates and loan terms. Due diligence is paramount: Thorough inspections and title searches are essential to uncover potential liens or hidden issues.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

AUGUST 31, 2021

Again, the timeline varies by state, but this typically begins three to six months after the first missed payment , according to the Department of Housing and Urban Development (HUD). However, sites like Auction.com warn that traditional financing might be hard to obtain when buying one of their homes due to their condition.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

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.

Hard money loan 365

Hard money loan Loans Investor Lending 365