A hard money loan is simply a short-term loan secured by real estate. They are funded by private investors (or a fund of investors) as opposed to conventional lenders such as banks or credit unions. The terms are usually around 12 months, but the loan term can be extended to longer terms of 2-5 years.
Bluebell Funding is the Best Choice! As an established private money lender, Bluebell Funding specializes in jumbo loans that banks and traditional lenders are not able to fund. Bluebell provides debt and equity for large commercial construction loans such as power plants, sport arenas, hotels, manufacturing facilities, and casinos – just name.
Hard Money Lending doesn’t have to be "Hard" Intrepid private capital group offers FAST access to hard money lenders and is dedicated to providing our clients with a personalized service that meets and exceeds their expectations for a pain-free funding process.
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Hard money has its place for certain borrowers who cannot get traditional funding when they need it. Speed: because the lender is mostly focused on collateral (and less concerned with your financial position), hard money loans can be closed more quickly than traditional loans.
Hard Money Nyc Hard money Loans Brooklyn is a direct mortgage lender where we are able to distribute hard money and bridge loans across New York and New Jersey for any non-owner occupied residential, and any commercial real estate.
Our loans, often called hard money loans, range from $50k to $2.5M and can be used for the purchase or refinance of non-owner occupied residential & commercial properties, financing of renovation project, and bridge funding. rcn capital lends to real estate professionals, commercial contractors, developers & small business owners throughout the.
In the simplest terms, "hard money" is from political donations that are regulated by law through the Federal Election Commission. "Soft money" is money donated to political parties in a way that leaves the contribution unregulated. The difference boils down to a few crucial words and one administrative ruling.
Hard money is an ongoing funding stream versus a one-time grant payment and can also refer to a currency backed by a gold standard or other precious metal. more Dark Money