by Loan Department | Nov 1, 2023 | Financing and Loans
TL;DR Soft money lenders make revenue by selling their notes to institutional buyers; Soft money interest rates are lucrative and feasible only when the market is stable or predictable; When markets change, soft money lenders fall apart or raise their interests on...
by Loan Department | Jun 5, 2020 | Financing and Loans
Are you wondering what the differences are between residential vs commercial hard money loans? Look no further because we’re here to help you navigate the details! (And if you have any more questions, feel free to reach out to our friendly and helpful team at (425)...
by Loan Department | Mar 15, 2019 | Financing and Loans
Since 2008, conversations and questions about the pros and cons of hard money loans have taken over the real estate investment world. Some private investors are still confused about the nature of these loans, while others have jumped on the bandwagon and partner with...
by Loan Department | Feb 6, 2019 | Financing and Loans
What is the funding amount of a hard money loan based on? Hard money lenders typically fund on a loan-to-value ratio (LTV), meaning they loan up to a certain percentage of the property’s current market value, typically 65-75%. Some may lend based on of the property’s...
by Loan Department | Feb 1, 2019 | Financing and Loans
Pro Tip: Hard Money Lenders with High Default Rates Should Always be Avoided! It’s the bottom of the ninth and there are two outs. Who is batting for you? You’ve done your research, your financial documents are ready, and you’ve found the investment of your dreams,...
by Loan Department | Dec 8, 2018 | Financing and Loans
Seduced by the possibility of huge cash returns or long-term passive income, more and more people are dropping their remote controls and jumping head first into the property investment game. But for those looking to augment their income or begin a second career as a...