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Qualifications for Investment Property Loans

Mar 3, 2014 | Hard Money Blog, Hard Money Lenders Archives, HardMoneyMan.com News Archives

What are the qualifications for investment property loans in 20203? . The criteria will vary depending on the type of loan you seek—traditional or hard money. Before you apply for any kind of investment property loan, you may want to conduct some research to see what...

Understanding Commercial Hard Money Loans

Mar 3, 2014 | Hard Money Blog, Hard Money Lenders Archives, HardMoneyMan.com News Archives

When you own commercial property but are either at your limit or have poor credit, there are other ways you can obtain the cash you need for your business. Hard money lenders are only interested in the value of the property, not your credit history or how much other...

Understanding Investment Property Loans

Mar 3, 2014 | Hard Money Blog, Hard Money Lenders Archives, HardMoneyMan.com News Archives

Anyone who is familiar with mortgages may feel he or she is qualified to enter into a transaction for an investment property, but the two types of loans are somewhat different. While each entails a mortgage, investment property loans are not intended for...

When to Consider Commercial Hard Money Loans or Investment Property Loans

Mar 3, 2014 | Hard Money Blog, Hard Money Lenders Archives, HardMoneyMan.com News Archives

As an investor—or potential investor—you may need to weigh the circumstances that justify using either commercial hard money loans or investment property loans. The key is knowing the type of transaction involved before you proceed with any additional research. The...

Top 10 Reasons Hard Money Loans Don’t Close

Mar 3, 2014 | Hard Money Blog, Hard Money Lenders Archives, HardMoneyMan.com News Archives

After taking surveys of over 3000 Mortgage Brokers, Realtors and Real Estate Investors, we have tallied the survey and comprised a list of the Top 10 Reasons that Hard Money Loans don’t close. 1. Many Real Estate professionals (brokers and realtors) don’t...

Why you should have a Proof of Funds Letter in hand before making offers

Mar 3, 2014 | Hard Money Blog, Hard Money Lenders Archives, HardMoneyMan.com News Archives

I get so many calls from investors in a scramble looking for Proof of Funds letters after they have an accepted contract. I see this as working backwards. You should have one in hand when going to make your offer! Don’t you want to know that you have the funds lined...
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