PRIVATE LOANS, often referred to as hard money loans or bridge loans, offer three significant advantages over conventional or bank-financing arrangements. We as private lenders can fund quickly, within a flexible structure and terms that can unintentionally hinder the success of your business.
Thrive Lending are private real estate lenders providing commercial and residential hard money loans for rehab and new construction properties. Relationship-Based Lending 512.394.7114
Until the dust settles on Trade Street roadwork, businesses say construction frustrations persist. “Why would anyone want to come here when it’s hard to get here?” Despite the business disruption,
Carolina Capital is a hard money lender serving the needs of the "Real Estate Investor" and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families.
At Stratton Equities, our new construction loan programs allow you to access long -term financing at a fixed rate.. Stratton Equities Hard Money Lender. Working with a direct private money lender for new construction projects gives real.
March 04, 2019 /PRNewswire-PRWeb/ — New Silver, a technology driven hard money lender serving. bridge loans and cash out refinance loans. New Silver entrepreneurs benefit from approvals in under a.
Hard Money Loans Hard Money Purchase Loans A hard money loan is a short-term loan primarily used for real estate transactions and contrary to a popular myth it’s not because it’s "hard" to get. Traditional real estate loans like a personal mortgage are based on the borrower’s personal ability to repay the loan.
Why? Because it works. Hard money lenders can often fund deals quickly, and they can fund deals that traditional lenders would never approve. But, there’s a catch. It’s extremely expensive! Most hard money lenders charge 16-18% interest and thousands in up-front fees.
Hard money lenders, also known as private money lenders, look at your opportunity on its own merits. Rates are competitive and you can get up to a 100% advance rate on construction in addition to 50% of the land value as an advance rate on your purchase.
Private Money Lending Partner. Our specialty is helping people construct, purchase, or refinance commercial properties. If you’re looking for a respected lender that offers streamlined services, quick closings, and aggressive rates, you’ve come to the right place.
If anything goes wrong and you can’t repay, hard money lenders plan to get their money back by taking the collateral and selling it. The value of the collateral is more important than your financial position. Hard money loans are generally short-term loans, lasting from one to five years.