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Hard Money Loans – When a Real Estate Investment Needs Fast Financing

Realty Biz

Hard money lending isn’t heard about as much these days but still has a valuable place in the investing world. Hard money lenders generally don’t value real estate in the same ways as most investors and other real estate professionals. Hard money loans can be easier to get, but they can be expensive.

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How to vet private money lenders for real estate investing

Housing Wire

The problem with private money lenders is that good ones are hard to come by. Let’s look at what private money lenders do and how they operate, as well as the potential benefits of using private or hard money loans and how to locate and select a reputable private money lender.

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Real Estate Loans for Investors: Types and Requirements

Marco Santarelli

Conventional loans offer lower interest rates than other types of loans, but they may be challenging to obtain due to the strict eligibility criteria. The loan amount is based on the property's appraised value, and lenders require a comprehensive financial analysis of the borrower.

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3 Alternative Home Loan Options for People with Bad Credit

Rent, Buy & Sell

There are some drawback to VA loans. Specifically, these loans have lots of red tape, appraisal delays and are only intended to be used for the purchase of a primary residence. Private or Hard Money Loan. These 2 loan types are very similar but have slight differences.

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4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

Appraisals are much more advantageous when you pre-purchase. Standard house flippers sometimes turn down buyers who request multiple appraisals. Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals.

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4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

Appraisals are much more advantageous when you pre-purchase. Standard house flippers sometimes turn down buyers who request multiple appraisals. Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals.

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4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

Appraisals are much more advantageous when you pre-purchase. Standard house flippers sometimes turn down buyers who request multiple appraisals. Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals.