The shady looking hard money lenders have made the hard money loans ill-famed for the perceived tough lending process and the hidden high-interest rates. The lenders who are doing the business in the dark alleys are actually making the investors afraid of hard money lending. Don’t fret! Now, the scenario has changed. The states have put strict
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Hard money lenders that are popularly known as trust deed lender are also infamous for charging sky-high interest rates for the short term loans which are secured by real estate. But, they are the valuable resource to the real estate investors with bad credit score because when the bank says “NO”, the hard money lenders says
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Over the last few years real estate investment has been on an upswing in the USA. However, getting the necessary capital from traditional lenders or banks has become all the more difficult for investors with undocumented income or bad credit scores. This disconnect has given rise to a new banking community in the form of hard money
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Number of investors flipping homes returns to precrisis levels; big banks get back in the gameDec 28, 2016 By Kirsten Grind and Peter Rudegeair House flipping, a potent symbol of the real-estate market’s excess in the run-up to the financial crisis, is once again becoming hot, fueled by a combination of skyrocketing home prices, venture-backed
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Traditional mortgage lenders and crowdfunding firms are increasingly willing to put up funds Feb 1, 2017 By Robyn A. Friedman Until recently, home flippers—investors who buy houses to improve and resell for a quick profit—had few options for financing. Now, traditional lenders and crowdfunding firms are increasingly willing to put up the money. Luxury-home flips
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