First, a definition. A hard money lender is one that makes short-term loans using the value of the real estate as collateral rather than the borrower’s ability to repay based on personal income or assets. Expect to pay a higher interest rate since these types of loans...
Even as the country continues to teeter on the fiscal cliff and the housing recovery exhibits a slow rebound, mortgage interest rates generally remain astonishingly low. Those low rates make current conditions ideal for getting started in rental property investing –...
Last time we visited within the confines of this blog, we discussed the idea of private money lending from the other side of the table, namely from the point of view of investors with cash on the sidelines, ready to lend. Well, there are two sides to every story....
Looking for great deals in real estate? Sure you are, everyone in the housing market is. And as everyone knows, the housing market is in a slump. So, unless you have an impeccable credit rating and a mass of financial resources at your disposal, getting into real...
In episode 148 of the Creating Wealth podcast, Jason Hartman tries to clear up the current murky lending picture for his investor audience. This discussion aims to dispel some common misconceptions about financing for rental, non-owner occupied property. Investors...
