Private money lending is when individuals lend their own capital to other investors or professionally managed real estate funds, while securing said loan with a mortgage against real estate. Essentially, private money lending serves as an alternative to traditional lending institutions, like big banks.
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Hard money loans, sometimes referred to as bridge loans, are short-term lending instruments that real estate investors can use to finance an investment project.
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LendingHome is a modern mortgage lender. We offer short-term hard money loans, and easy access to a portfolio of high-return real estate investments.
You could also become a hard money lender, but you’ll need some capital. This likely isn’t going to be the first way you start out making money in real estate, but as you build your network, capital.
RCN Capital is a nationwide, private direct lender. Established in 2010, we provide short-term fix & flip financing and long-term rental financing for real estate investors. Our loans, often called hard money loans, range from $50k to $2.5M and can be used for the purchase or refinance of non-owner occupied residential & commercial properties.
Professional hard money and private investment lenders usually require a minimum of 10% down payment on funded projects. Borrowers with good credit often pass on purchasing an attractive real-estate.
Hard money lending is a type of collateral-based lending designed specifically for real estate investors. Hard money lenders focus on the anticipated after-repair value of the property as opposed to its current value. This benefits borrowers by offering unparalleled leverage for fix-and-flip or rehab-and-rent opportunities in Maryland, Virginia, and Washington, DC.
Hard money has proven, time and time again, that it is a powerful means of financing the majority of today’s real estate deals. What is a hard money loan, if not for an investor’s primary source of funding a real estate deal? Hard money loans for real estate investors are essential for not only.
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Hard money loans for real estate investment, real estate fix and flips, and short term refinancing. Contact a top real estate hard money lender 801-692-7703