Information

Hard Money

Do you have hard money funding to offer? Do you have an investment property that requires the flexible, quick financing we all know as hard money?

Members: 488
Latest Activity: 5 hours ago

Discussion Forum

Commercial Real Estate Mortgages 250,000 to 5,000,000 Rates as low as 6% Nationwide

Started by Richard Milford 5 hours ago. 0 Replies

Commercial Real Estate Mortgages 250,000 to 5,000,000 for apartments, shopping centers, office buildings, light industrial, self storage, mobile home parks,  mixed use properties and business owner…Continue

Tags: mortgages, commercial

Hard Money Real Estate Loans at 8 to 10% rates 250,000 to 5,000,000

Started by Richard Milford yesterday. 0 Replies

Hard Money real estate loans  250,000 to 5,000,000  Rates 8 to 10% The points are as low as 1 point  great rates for credit scores as low as 550. Most types of commercial real estate are…Continue

Tags: loans, estate, real, commercial

Commercial Real Estate Mortgages 250,000 to 5,000,000 New nationwide financing program

Started by Richard Milford on Sunday. 0 Replies

Commercial Real Estate Mortgages 250,000 to 5,000,000 for apartments, shopping centers, office buildings, light industrial, self storage, mobile home parks,  mixed use properties and business owner…Continue

Tags: mortgages, commercial

Unsecured Business Financing up to 2,000,000 Funding Within 3 Business Days

Started by Richard Milford Jun 6. 0 Replies

UNSECURED BUSINESS FINANCING 15,000 to 2,000,000  Funding within THREE Business DaysNo Collateral•No Credit Requirements•Liquid Cash Deposited Into Your Account Within 2-3 Business Days•Receive Up To…Continue

Tags: loans, commercial

Comment Wall

Comment

You need to be a member of Hard Money to add comments!

Comment by John C. Rogers on November 18, 2013 at 8:04am

It is just off the Historic District (antique shops, boutique restaurants, etc.) in Lake Alfred, FL.

Home is in the "right" school district, is water view, and in a sought after neighborhood. 

Comment by H. Jack Miller on November 18, 2013 at 7:34am

John,

where is the property located?
Jack

Comment by John C. Rogers on November 18, 2013 at 5:42am

have a simple short-term need for funds!

We have purchased a 2,100 sq ft, 2 story SFH on 1/2 acre and have already converted it from a 3/2 to a 4/3.

  • Hoarder house- already removed 6 ea. 20 yard dumpsters of stuff
  • Have gutted the home and already redone all the structural issues
  • Central air has been installed
  • All new plumbing is already installed
    • All tubs, showers, and controls are in place
  • Upscale kitchen cabinets & counters have already been purchased
  • Electrical has been paid for and waiting for a new roof

I have an ARV appraisal in hand for $ 180,000

Market supports $ 160K to $180K market value (I own a brokerage)

Want to borrow $ 50,000 for 6 months to finish the project.

jrogers@orlandorealtytrust.com

Comment by Tom Lackman on November 14, 2013 at 11:40am

Many commercial real estate investors do not realize that foreclosure on their property will most likely result in being taxed at capital gains rates.  This is because the IRS considers the foreclosure to be a sale of the property to the lender for the amount of the loan balance.  Such investors have said they don't believe it.  How can I be taxed if I just lost my entire investment?  That is because they have depreciated the property and find that the adjusted tax basis is well below the selling price.

Based on my 35 years as a CPA focused on commercial real estate, I know that there are a couple of ways that capital gains can be avoided.  One of course is to stop the foreclosure by restructuring the loan.  I have been hands-on involved in restructuring over $1 billion of commercial real estate loans of all types.  While not always successful, it can be done.  I have also helped numerous investors unable to avoid foreclosure to at least avoid the tax consequences.  It works for some investors, but again not all.

I am available to consult with investors or their representatives in this situation to see if there is a solution for them.  My email is tlackman@gmail.com and phone is 971-228-9675.

Comment by Morris Iles on November 7, 2013 at 10:51am

Comment by Darwin Fielding on November 7, 2013 at 9:07am

We have funds available for Arizona, California, Colorado, North Carolina, Texas, Utah, Washington, Tennessee, Nevada, Virginia, Georgia, Florida.  ASSET BASED

Acquisition & Renovation
80% of purchase price & 80% of Renovation
12% for 4 months
loan amounts from $40k - $800k

Refinance Cash-out
SFR has been renovated and is currently rented/cashflowing
70% of ARV
10% for 3 years
loan amounts from $40k - $800k

I will pay referral fees!

submit 1 page Loan Summary: http://providentmng.com/financing/borrowers/

or email OffMarketRealEstate@gmail.com

Comment by Quentelle Barton on October 30, 2013 at 9:56pm

We have Residential Rehab Funding available for real estate investors!

Our Lenders will consider and review Rehab Loan Requests for Properties located in the following States:

  • Maryland      (Counties of Montgomery, Prince George’s, Charles and Ocean City. All      other areas of MD on a case by case basis.)
  • Washington, DC      (All)
  • Virginia      (Fairfax County, Arlington County, Prince Williams County, Loudoun County, Fauquier County and the cities of: Alexandria, Falls Church, Fairfax, Manassas, Manassas Park, Virginia Beach and the Tidewater Areas.)
  • Delaware      (Rehoboth Beach, Bethany Beach, Dewey Beach)
  • North Carolina      (Corolla, Kitty Hawk, Nags Head, Cape Hatteras)
  • Florida      (South FL Beachfronts only)

Loan Features

  • Any loan amount
  • Equity-based lending program
  • Zero pre-payment penalties
  • Zero monthly mortgage payments
  • First trust – First lien position only
  • Your credit is not considered
  • No employment verification
  • No minimum credit score requirement
  • Loan Approval within 48 Hours
  • Fast closings (usually within 10-14 days)

Typical Terms

  • Up to 60% LTV based on ARV
  • 12% to 16% Interest
  • 4 to 6 Points
  • 6-month balloon note (longer terms possible)
  • Repair money in escrow and released in draws
  • Experience is not required for approval

Submit online for an approval within 48 hours:

http://bit.ly/1apE1dg

Comment by Auriel Streit on October 29, 2013 at 11:44am

Streit Lending

We are direct private bridge lenders.  We fund all of our loans using our own balance sheet.  We do not use any 3rd party capital.  If you need quick financing or can't get a loan from the bank, please contact Auri Streit at 818-787-6940 or auri@streitlending.com.  For more information, please visit our website: www.streitlending.com.

Loan Criteria

Loan types:                   First and second trust deeds.

Interest rates:                Starting at 8%.

Loan Amounts:              $350,000 - $5,000,000 ($1,000,000 minimum outside of California).

LTV:                             Generally up to 60%.  Higher Selectively.

Property Type:              Commercial and Residential (business purpose).

Location:                      California, the Western, Midwestern & Southern United States.

Term:                            Up to 2 years.

Comment by Xavier Saavedra on October 22, 2013 at 1:43pm

Ca only:

Owner & Non-Owner Occupied Loans

Residential

  • SFR, Condominiums, Townhouses
  • Up to 75% LTV on purchases
  • Up to 65% LTV on refinances
  • Loan amounts from $50,000 to $1,500,000
  • Loan terms from 3 to 7 years
  • Stated income loan; and
  • No FICO score minimums.
Comment by Samuel Thomas on October 1, 2013 at 4:56pm

All Credit considered!

Up to 55% Loan To Value!*

Fix and flips; cash out, purchases!

Commercial, mixed use and residential

Cross Collateralized loans considered!

50k to 200k is our niche!

No due diligence fees!

No prepayment penalties!

3 months to 4 years Interest only!

Common sense underwriting!

Creative Lending is our specialty!

Self employed...yes

Foreign Nationals ok

Send details and pictures to scharlesthomas1@gmail.com

 

Members (488)

 
 
 

© 2018   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service