Hard Money: Entitlements, capital infusion, geographical regions, and market conditions are all considered in the approval process. With these issues satisfied, transactions can close quickly. Loans are interest only, most non-recourse, no pre-payment penalty and up to 3 year terms. All loans will be considered, and are based on exit strategy, value, and ability to demonstrate repayment of the loan. Though everything is on a case-by-case basis per today’s marketplace, hard money loans do have lower loan-to-value (LTV) ratios than traditional loans because the property itself is used as the only protection against default by the borrower. $300K and up; Nationwide; 30 days or less closings, 50-65% LTV, up to 80% LTV for Multi-Family, Commercial property is used as collateral, and must be owned by principal, Principals ONLY, low due diligence costs; send inquiries to twilliams1986@live.com
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