Private Money – Now

When a great real estate deal comes along it is necessary to move fast.  With current market conditions so competitive a real estate opportunity can be gone in a manner of days while borrower waits for bank loan approval. With Private Money lending available immediately that won’t happen as borrowers using private money can obtain …

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private money lender - apartment complex

What’s the Difference – Hard Money vs. Private Money Lenders?

Sometimes used interchangeably, but these two terms are not always synonymous. However in most cases each lender is loaning funds on collateralized real estate backed by a 1st trust deed or possibly a 2nd.   Hard Money Lenders are those business organizations who charge normally higher interest rates, are shorter term loans (6 months to …

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Private Mortgage Loans – Short Term Financing Alternative

Private mortgage loans are made by private lenders instead of traditional financing sources such as banks, lending institutions, or government agencies. They usually are short-term (6 months to 3 years) asset-based loans, and decision to lend is mainly based on equity, and value of collateralized rather than borrower’s credit. These loans are a source of …

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