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...
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...
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,...
Transcript: Francisco Figueroa: I was recommended by my best friend, and I called Intrust funding. I got approved the next day. Rhonda Williams: So five days in the middle of a rehab can be crucial, because every day is money, especially when you’re dealing with hard...
