Real estate blog entries tagged with private money lenders by Loan Solution Inc.

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Home : Blogs : Colleen Bigler : Find out about Californai Hard Money Lenders : Tag "private money lenders"

private money lenders: How do you qualify for a Hard Money Loan in L.A. - 10/04/10 08:25 PM

So, how do you qualify for a hard money loan?Truth be told, you don't. The property is or should be 99% of the underwriting criteria. Hard Money Investors want to lend on property that have plenty of a protective equity left after funding the loan.
Asking for 100% financing is something to ask your uncle. Hard Money lenders look a profit and risk, the same as a buyer does.You offer 12% 2 pts so you can buy and flip a property in say 60 days and make 25% 30%..profit.That leaves the lending investor a whopping 2%, and he put up all … (0 comments)

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Colleen Bigler

Canyon Country, CA

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Loan Solution Inc.

Address: Santa Clarita,Valencia,Newhall,Sylmar,, Granada Hills,Van Nuys,North Hollywood, Canyon Country , CA, 91386

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