Because hard money lenders fund projects conventional loans typically won't cover, there are a lot of misconceptions about what hard money loans actually are. Here Intrust Funding takes on a few common myths by talking about the facts.
Leverage as defined in the lending industry is the use of borrowed capital to achieve a financial gain. Investors typically use leverage when they expect profits to be greater than the interest payable. Leveraging can significantly increase your overall cash on cash return when used properly. But what happens when you leverage too much and a deal goes wrong?
Interested in a rehab loan for your next investment opportunity? Here are the basics!