Hard Money Lenders

hard money lenders for real estate investors

DEPOSIT NAME
Hard money lenders for real estate investors
CATEGORY
Bank
POPULARITY
4/100

Description

Hard money loans are a good fit for wealthy investors who need to get funding for an investment property quickly, without any of the red tape that goes along with bank financing. When evaluating hard money lenders, pay close attention to the fees, interest rates and loan terms. We’ve helped thousands of beginners learn the ropes and avoid the most common pitfalls. Then you can decide to move forward.I have completed one project using funding from Do Hard Money. It is a great resource because it allows the investor to fund a flip with no money down and no payments. This requires a whole lot of messy paperwork, bureaucratic red tape, and hassle that makes doing a loan nearly impossible. The name residential hard money is frequently interchanged with “no-doc”, private loans, bridge loans, etc… For a residential hard money loan, the underwriting decisions are based on the borrower’s hard assets. In this case the residential investment real estate would be used as collateral (via a first mortgage) for the transaction. Residential Hard money closes quickly (in as few as 3 or 4 days depending on the circumstances).A residential hard money loan is a good alternative to traditional bank financing. This alternative financing is beneficial to the borrower in many circumstances. Below are just a few of the reasons when a residential hard money loan might be appropriate. Capital is Detroit’s #1 hard money lender for real estate investments. We work with investors throughout Michigan, who need to secure fast, hassle-free sources of capital to take advantage of investment opportunities as they become available. BridgeWell Capital professionals often finance investments in 10 days or less; no matter your current credit, financial, or employment situation. We walk you through the entire process, so you know exactly what to expect. If you have questions, your personal account executive is always available and ready to assist you. Simply put, once you’ve done business with BridgeWell Capital, you won’t go anywhere else for your real estate investment hard money loans.