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Hard Money Loans

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What are Hard Money Loans?

Hard Money Loans are loans that is secured by real property, such as a home or a land. They are usually provided by private investors or companies, rather than banks or other traditional lenders. Hard money loans are often used by real estate investors or house flippers, who need fast and flexible financing. Unlike Conventional loans, Hard Money loans emphasize the property’s potential value instead of the borrower’s personal income or other debt.  By using the property’s value as the main qualification factor, Hard Money loans provide real estate investors with the opportunity to purchase and refinance properties more easily.

Hard Money Loans are ideal for investors who want to include the cost of renovations into the financing. They are also suitable for investors who want to acquire multiple properties.  Overall, Hard Money loans provide a valuable tool for investors looking to expand their portfolio and generate income through fixing and flipping properties, or owning rental properties.

Enjoy a great lending experience when you have a devoted Premier Lending Group loan expert help you understand the best options to meet your needs.

Benefits of Hard Money Loans

Can be used to purchase or refinance a property
Very quick closing times
You can include the costs of construction or renovations into the loan
You can diversify your portfolio and take advantage of more opportunities more easily and faster
You can access more capital and leverage your investment portfolio
You can qualify for financing based on the property’s potential value (after repaired value)
No limit on the number of properties owned
Any type of property is allowed
Your personal or business income documentation is not required
Your other debt obligations do not matter
Talk to an expert about your real estate financing needs today

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