When to Use Commercial Hard Money Lenders in California

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Are you starting a new business and planning to purchase property? Are you turning your online business into a physical business? Or are you in need of an upgrade? Purchasing a new or upgraded brick-and-mortar location for your business is the first step in becoming more established in your industry and community. Whether the physical location is a storefront, a warehouse, or an office, there’s a lot of excitement that comes from purchasing real estate for your small business. But don’t forget about the stresses that come with purchasing real estate. Fortunately, hard money lenders can help you with the financing process. But you should…
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How to Get into California House Flipping

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If you’ve got cash to spare or a property or two already on the market, maybe you’ve considered getting into house flipping. If the numbers add up for you, it can be a great way to start multiplying your worth and helping to turn decrepit properties around. Novices might be intimidated, but thankfully anyone can get into California house flipping. Population trends on the coasts show that people are moving from the center of the US toward one of the edges. That means that any of those foreclosed and poorly tended properties on the market could hold serious value if given a little TLC. If…
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How to Get a Hard Money Loan: The Complete Guide

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Your dream is to manage income-generating real estate properties instead of managing a stack of papers in an old cubicle. But you know it takes money to make money. And that’s why you want to know how to get a hard money loan in California. We don’t blame you. Research shows that over 6% of homes sold in 2016 were the result of flipping–an activity hard money lenders financially support. That’s the highest percentage in 10 years, since before the Great Recession struck. How exactly do you go about getting a hard money loan to turn your real estate dream into reality? We’ve compiled a…
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Guide to Using Hard Money Lenders in California When You Have Bad Credit

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When you find an investment property that you want to purchase, you need to find a lender who can get you the money needed to secure the deal as fast as possible. But, for the growing number of people with struggling credit scores, finding a lender who will grant a quick loan can be a challenge. Is your credit keeping you from getting the money you need to make money on investments? If you have a less-than-perfect credit score, you’re not alone. According to a 2015 survey conducted by VantageScore, around 68 million Americans have poor credit. As one of the millions of Americans with…
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5 Reasons Hard Money is the Best Option for Commercial Real Estate Loans

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Looking to build up your commercial real estate portfolio this year? Did you know private lending is reshaping the mortgage market? If you or your investing team don’t qualify for certain types of financing, an asset-based hard money loan may be the way to go. Sound enticing? Read on to learn the 5 reasons why hard money is the best option for commercial real estate loans! 1. Fast Commercial Real Estate Loans The application and approval process for a standard bank loan or mortgage doesn’t come easy. It involves multi-page forms and supporting documents. It can take weeks for a lender to respond or approve…
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How to Use Hard Money Real Estate Loans for Flipping Houses

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Experts say real estate purchases are expected to increase in 2018, which means now is a great time to start flipping houses or to increase the number of flips you are doing. House flipping is the process of buying a home in fair to poor condition, renovating it, and putting it back on the market. It’s an investment of time and money to get a decent (or sometimes great) return in a short amount of time. Many flippers entering the market use hard money real estate loans to make this process easier. Keep reading to find out what these loans are and how they can…
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Why Private Money Lenders Are A Real Estate Investors Dream

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Real estate investing is no longer just about buying your dream home. For many people, it’s a way to generate income. Real estate investment can be extremely exciting and profitable. It’s also one of the oldest forms of investing. Before stocks and bonds were traded, real estate investing was a way for people to grow their wealth. But most people can’t afford to buy real estate on their own. They need help. Banks aren’t always the best choice available. Sometimes private money lenders are. Keep reading to learn why. Money is Given to the Borrower More Quickly When you’re in the market to buy a…
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5 Hard Money Loan Facts Every Borrower Needs to Know

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What’s the right borrowing option for you? There seems to be an endless assortment of money borrowing options out there. From loans to mortgages to lines of credit, navigating this financial world can be confusing and intimidating. But it doesn’t have to be. With a little research, you too can understand the ins and outs of money loans. Before you opt for a hard money loan, you should learn a few things about them. Being well prepared and thoroughly researched on a subject can help you avoid pitfalls and sticky situations. Wondering about the basics of a hard money loan? Read on! 1. It’s a…
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5 Questions You Must Ask Your Loan Broker

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Applying for a loan can put you in a vulnerable position, and it’s easy to feel like you are powerless. After all, you are the one asking for financial assistance, and if you’ve been treated badly by banks in the past, your confidence may have taken a hit. The truth is, when you’re seeking a loan, you have more power than you think. Due to the rise of alternative lenders, even those who may have been turned down for a bank loan are still in a strong position to seek financial help. But the old adage holds true: information is power. To help you get…
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When to Apply for California Hard Money Loans

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With so many banks and private lenders advertising loan solutions, it can be tough to figure out which one is right for you. But when you need a loan quickly, or when you can’t or don’t want to use traditional routes to obtain your loan, your choices are drastically reduced. That’s where California hard money loans come in. If you’re wondering what a hard money loan is, and whether it’s the right choice for you, keep reading to learn more. What Is a Hard Money Loan? A California hard money loan is one that comes from a private investor or lender. Rather than requiring perfect…
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