Wednesday, June 8th, 2011
You are an entrant into real estate business but you have a bad credit then still you have so many opportunities in this business. There are lots of private lenders or hard money lenders that are willing to lend private money loans to you. You may be asking yourself why in the world someone would [...]
Posted in Accredited Investors | Comments Off
Tuesday, April 26th, 2011
Vittorio Hernandez – AHN News Moscow, Russian Federation (AHN) – Hong Kong and Shanghai Banking Corporation pulled out of retail banking in Russia. HSBC said it will focus on making available global lending services to industrial and corporation clients. With the announcement, HSBC will close five retail units in Moscow and St. Petersburg. Husein Ozkaya, [...]
Posted in Accredited Investors | Comments Off
Wednesday, February 9th, 2011
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – The British coalition government had been bogged down in its talks with large banks under Project Merlin because of details on bankers’ pay. Agreement on more restraint and transparency on bonuses for bankers is slowing the possibility of reaching a deal for banks to [...]
Posted in Accredited Investors | Comments Off
Sunday, January 30th, 2011
The Essence of the commercial real estate hard money loan (HML) is based on the fact that they are short term loans for real estate investors to purchase and or rehab investment property that has substantial real equity. Commercial Real Estate Investors can make lots of money investing in properties using a hard money loan. For traditional financing the value of the property is the lesser of the purchase price or the appraised value.
Posted in Private Loans | Comments Off
Thursday, January 27th, 2011
A child’s room can mean a lot to a young person. It’s not just their very first living quarters, but it is also a place to play and hang out with friends, a place to do homework, and a place to have fun. As children grow and change, their preferences can change also, and these changes in personality can call for a change in decor. But securing the funds to remodel rooms in your home can be difficult to pay for, especially if you fall outside of the underwriting guidelines of most banks.
Posted in Accredited Investors | Comments Off
Monday, January 24th, 2011
One option to get loans without going through the banks is through hard money loan. This type of loan is usually offered by private lenders where you use your property as collateral to the loan. Unlike traditional banking institutions, getting this type of loan does not have a stringent process.
Posted in Private Loans | Comments Off
Saturday, January 22nd, 2011
As a real estate investor, it is important to have someone who can back you up financially, especially if you are just starting out in the housing business. One way to obtain funds for your investing business is to approach banks, mortgage companies, and credit unions. But if you’re not qualified to obtain a loan from these lending institutions, don’t fret because there is still someone who’s still willing to help you.
Posted in Private Loans | Comments Off
Thursday, January 20th, 2011
Homeowners across the country are increasing their amount of livable space in their house by simply converting their basements. Most basements can easily be converted into a new bedroom or living room through a few small tweaks. But even this kind of project requires a great deal of money to get off of the ground.
Posted in Private Loans | Comments Off
Wednesday, January 12th, 2011
The country’s financial status is very unpredictable. No one can really tell what’s in store for you in the future. There are times that you’re doing fine, the next thing you’ll know you’re going bankrupt. In times like this, it is hard to get loans from conventional lending institutions.
Posted in Private Loans | Comments Off
Sunday, December 19th, 2010
Hard money loans are truly hard; not always due to high charges, but also due to their specific nature. There are a few must-do items that should be on your checklist to ensure you will get the best deal possible.
Posted in Private Loans | Comments Off