|
| |
equity partners: Hard Money Rehab Loans - 05/26/11 06:06 PM
For real estate investors just starting out, or for those looking for additional leverage, hard money rehab loans have a lot to offer. Typically, these hard money rehab loans are short term, maybe 12 months in length. For those able to obtain this type of financing and pair it with an equity partner or gap financing, the ability to purchase rehab property with zero cash out of pocket is realistic. These equity partners, or gap financiers, can typically take anywhere from 20-50% return on their money. Sometimes this is in conjunction with participation in the project (a percentage of the profit)
(2 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
