|
| |
commercial hard money: Hard money basics for today's market - 06/13/08 07:14 PM
I deal almost exclusively with hard money lenders, working with both borrowers and brokers to match a particular transaction with an investor. In addition, I do have access to in house funds and serve as a direct hard money lender as well. This is my business, I do conventional loans for family, friends, referrals, but my main source of business is hard money.
Hard money today is taking the place of what sub-prime used to be. The glaring difference, however, is the loan to value requirements. In today's hard money lending environment, 65% loan to value is typically the maximum you … (0 comments)
|
commercial hard money: Commercial Hard Money Loans - 02/15/08 02:00 PM
Hard money commercial loans are a good option for many of today's borrowers. Many banks and institutions are putting greater restrictions on the commercial lending they will provide, and often times even the most well qualified borrower can have a tough time obtaining financing for their commercial property. If you are in this situation, you may want to look into a commercial hard money loan.
Commercial hard money loans come in many shapes and sizes. Depending on the investor, you will have different requirements. For most hard money loans, the main concern in making the loan is the loan to value. If … (0 comments)
|
commercial hard money: Hard Money Solutions For Commercial and Construction Transactions - 02/06/08 12:42 AM
Commercial properties financed with hard money are increasingly becoming a viable option to that of institutional money. Some of the reasons for this include institutions wanting fully amortized payments and/or amortizing these payments over a shorter time frame than the traditional 30 years. Additionally, for acquisition of commercial property, the main concern with hard money lenders is the collateral value, not the debt service of the property, making the approval process more streamlined. Even a property that does not meet the required debt coverage for an institutional loan is a fundable loan with private money investors.Raw land and construction are additional … (0 comments)
|
|
|
|
|
|
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)
;)
