HARD MONEY LENDER SAN ANTONIO Looking for a private money lender in San Antonio? If so, Capital Funding Financial is the perfect lender for you. Capital Funding Financial is a direct lender offering low rates, no income docs or minimum credit requirement, and the ability to close in 5-7 days. Capital Funding Financial specializes in asset based private money loans on non-owner occupied investment properties nationwide particularly in states such as Texas (Dallas, Houston, Austin, Plano, San Antonio). San Antonio’s #1 Hard Money Lender RATES STARTING AT 6.99%*+ ON HARD MONEY LOANS, RATES STARTING AT 3.75% ON RENTAL INVESTMENT LOANS, RATES STARTING AT …

Hard Money Lender West Palm Beach Hard Money Loan vs Conventional Loan The main difference between a hard money loan and a conventional loan is that a hard money loan is based solely off the underlying loan to value instead of the documented income of the borrower.   West Palm Beach Hard Money Loans: RATES STARTING AT 6.99%* POINTS AS LOW AS 1.50* (DEPENDS ON THE RISK AND LOAN AMOUNT) 1-3 YEAR TERM INTEREST ONLY WITH A BALLOON PAYMENT AT THE END OF THE TERM UP TO 80% LTV BASED ON THE PURCHASE PRICE OR APPRAISAL  NO PREPAYMENT PENALTY*  QUICK 7 …

At a glance, hard money loans and private money loans appear to be the same, but they are quite different. Hard money lenders are effectively brokers for short-terms loans, mostly on real estate. On the other hand, private lenders can be just about anyone who has money. A private loan is a relationship-based loan where the lender could be a private company or even a friend or family member.  Private lenders can be tough to find so that being said it takes time and energy to fund them and earn their trust. If you don’t have a track record, it …

Hard money is far from perfect. While it does seem simple, an asset secures the loan so everybody’s safe- hard money is only one option. It is expensive, so things have to work according to plan to materialize.  Hard money does work differently from loans you may have used in the past. Lenders typically use more conservative methods to value property than you typically would expect.  As hard money loans are expensive there are other methods that can be pursued. Expect to pay double-digit interest rates on hard money. But, don’t let that deter you from applying for your next …

In previous blogs we discussed what a hard money loan is, we discussed other types of loans, and we discussed what type of loan suits your needs. In today’s blog, we will be discussing why you would need or want to use a hard money loan.  Hard money is expensive, so why would you use it? Hard money has its place for certain borrowers who cannot get traditional funding when they need it. Let’s break it down more.  Speed: the lender is mostly focused on collateral so hard money loans can be closed quicker than traditional loans because they typically …

The cost of a hard money loan to the borrower is typically higher than financing available through banks or the government lending programs, reflecting the higher risk that the lender is taking by offering the financing. However, the increased expense is a tradeoff for faster access to capital and potential flexibility in the repayment schedule.  Hard money loans may be used in turnaround situations, short-term financing, and by borrowers with poor credit but substantial equity in their property. Since it can be issued quickly, a hard money loan can be used as a way to stave off foreclosure. 

The cost of a hard money loan to the borrower is typically higher than financing available through banks or the government lending programs, reflecting the higher risk that the lender is taking by offering the financing. However, the increased expense is a tradeoff for faster access to capital and potential flexibility in the repayment schedule.  Hard money loans may be used in turnaround situations, short-term financing, and by borrowers with poor credit but substantial equity in their property. Since it can be issued quickly, a hard money loan can be used as a way to stave off foreclosure. 

Both Loans and Lines of Credit are two ways to borrow money from lenders for both businesses and individuals. For both, lines of credit usually depend on their intended purpose, a borrower’s credit rating, and financial history, along with their relationship with the lender. Loans have what is called a non-revolving credit limit, which means the borrower only has access to the amount loaned once, whereas they subsequently make principal and interest payments until that said debt is paid off. On the other hand, a line of credit works differently. Just like with a credit card the borrower receives a …

The competition for real estate agents is certainly at an all-time high. Nowadays you need both Digital and offline marketing skills to make a serious impact in your area. However, many key strategies can be implemented to expand your real estate business:  Understanding Your Market  This is probably the most important strategy for any real estate agent. You must know your target market inside and out, that’s why an agent should focus on a specific niche rather than being a jack of all trades. If you know what makes your target audience drive to purchase you can sell more properties.  …