How to Tell if a Hard Money Lender is Legit!

Posted by Bobby Montagne on May 17, 2017

 

Truth be told, the hard-money or private lending industry, like every industry, has a few bad apples. But the good news is they are not the norm AND there are easy checks you can do to weed them out when you are looking for a fair and ethical lender. Here's what to look for......

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Topics: Lender Profile Series

Permits for Fix and Flips: The Personal Approach Wins

Posted by Bobby Montagne on Apr 26, 2017

It's a common story. You've purchased a promising residential property for a speedy fix and flip. You are trying to swiftly execute your renovation plan and get the property to market as soon as possible. The main hiccup at this point is you need permits and you can’t get a clear answer regarding the status of your application.

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Topics: Real Estate Entrepreneurs, Lender Profile Series

Hard Money Lenders and Credit Checks: What You Should Know

Posted by Bobby Montagne on Apr 22, 2017

Hard money loans are a great alternative for real estate borrowers with less than stellar credit or those who don't have enough financial history to qualify for a bank loan. That doesn't mean that hard money lenders don't conduct credit checks. It just means that your credit score is less likely to be a deal breaker. Here's why...

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Topics: Acquisition Loans, Lender Profile Series

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