While the home buying market gets most of the attention and coverage from the media and economists, the single-family residential (SFR) rental property market is a booming $4.4 trillion industry
Hard Money Lenders
When it comes to financing a real estate investment, there are a lot of options to choose from. Usually, real estate investors take out some sort of loan from either a local or national bank. But what can you do when if you need a loan for this investment, but a bad credit score is blocking you from traditional financing methods? Well, hard money lenders may be the answer. Hard money lenders don’t look at your credit score. Instead, they determine whether or not to give you this loan based on the value of the property itself.
If it’s deemed a valuable investment property, these private lenders will give you the loan you need. Hard money lenders are usually sought out by short-term investors looking to flip a property for a quick profit, or real estate developers. There are advantages and disadvantages that come with this method, but if it’s right for you, a hard money loan can be a great financing alternative.
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Finding an investment property is the first step on your journey towards building wealth through real estate. The next step is to find the right financing solution for you.
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Hard money lenders in Seattle offer an asset-based financing option that is funded by private investors.
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As a Philadelphia real estate investor, gaining access to conventional financing options can be a real pain in the neck.
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How to Find the Best Hard Money Lenders in Michigan
by Agnes Gaddisby Agnes GaddisGetting a conventional mortgage can turn out to be a major pain if you’re a real estate investor. Generally, there is a lengthy
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If you are looking to get into real estate investing in 2021, you’ll probably need to take out an investment loan to make the