EASY HARD MONEY LOAN TO BUY REAL ESTATE.
HARD MONEY LOANS FOR FIXUP AND REHAB
NATIONWIDE GOOD AND BAD CREDIT IS OK
GET A HARD MONEY LOAN TODAY
Usually made by private investors and not by banks, the hard money lenders main concern is that his entire principal will be returned if there is a problem with the property. So he lends much less, as a percentage, than a bank would.
He also knows there are more risks because the investment property is usually (but not always) in various stages of disrepair, your basic fixer upper house. He is compensated with a slightly higher interest rate and more upfront fees know as "points" A point is one percent of the loan balance to be borrowed.
For the real estate investor this is a virtual goldmine. If you are able to secure a contract on a handyman special that is undervalued you may be able to get a loan for 100% of the purchase price and the fix-up costs!
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