Housing Wire
OCTOBER 24, 2024
Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan. These scenarios are not like vanilla deals,” Sandoval said.
Housing Wire
DECEMBER 18, 2020
Here’s what you need to know about financing that purchase. Conventional loans. A conventional loan is a smart way to finance an income-earning property. Hard money loans. A third option is a hard money loan — essentially just short-term financing from a private lender or investor.
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Realty Biz
SEPTEMBER 18, 2021
Hard money lending isn’t heard about as much these days but still has a valuable place in the investing world. Hard money lenders generally don’t value real estate in the same ways as most investors and other real estate professionals. Hard money loans can be easier to get, but they can be expensive.
HomeLight
MAY 8, 2024
Are you considering a hard money loan to fast-track your next real estate investment? Whether you’re planning to flip a house or purchase a rental property, a streamlined hard money loan can be a helpful option. What is a hard money loan? How does a hard money loan work?
The Close
NOVEMBER 26, 2024
Stabilize & Season Your Current Rental Property If you plan to finance multiple rental properties, start by stabilizing your current one. Also, be aware that some lenders have a “seasoning period,” essentially how long you’ve owned or financed the property. Let’s break it down into six easy steps.
Bigger Pockets
APRIL 23, 2023
Good credit is a gateway to many great things, but how high does your score need to be to qualify for a hard money loan?
HomeLight
JULY 29, 2024
If you’re looking to invest in properties or flip homes in Richmond, understanding the role of hard money lenders is important. Hard money loans offer a quick and flexible financing solution for real estate investors, allowing them to capitalize on opportunities that traditional loans might not support.
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