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bridge loans: Alternative Financing Options With Hard Money - 08/09/11 01:39 PM
These days financing for real estate transactions can be a challenge.  The banks have tightened their lending standards to the point where even quality borrowers may be unable to obtain the loans they need.  This is compounded further among the smaller community banks, which make a lot of the local commercial, mixed use and other real estate loans that are not secured by an owner occupied single family residence.
For those with financing issues, a potential alternative is hard money.  There are both pros and cons to using hard money.  The benefits include looser qualification standards.  For non consumer loans, often … (1 comments)

 
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Chris Goulart

Brentwood, CA

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