We are not a bank or a hard money lender, but rather a direct private real estate lender who specializes in short-term real estate backed loans. We us our own capital to finance investors for the purchase and/or renovation of non-owner occupied properties in need of rehab funding and financing for Single Family Rentals – up to 4 units.
I have been making hard money loans for 12 years. All loans are interest only payments, one year, renewable for an additional year with additional fees and points. All secured by commercial property. I am contemplating adding longer term (15 year) fully amortized hard money loans.
How do hard money loans work? A hard money loan is a short term, high interest loan backed by real estate. Hard money loans are funded by the private investor rather than a bank or credit union. A hard money loan term is typically six or 12 months, but it can be extended in some cases for pu to five years.
Rehab Hard Money Lender Renovo Financial is a fast-growing chicago-based private lender for real estate entrepreneurs who rehab or build investment properties. Renovo uses local market expertise, real-world underwriting, and a service-driven approach to create a financing relationship that delivers more than simply working capital.Hard Money Loans Illinois I know you’re attacking the weights just as hard. While you take a break between sets. It’s sort of like making that last car payment or clearing your student loans for good. There will always be.
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Get A Hard Money Loan Hard money loans are a fast, personalized alternative for borrowers unable to secure traditional bank financing for residential or commercial real estate investments. Little City’s hard money financing is provided by private individuals and our loans are primarily based on real estate value, not credit or income.
BridgeWell Capital LLC is a direct, licensed mortgage lender that provides financial services to real estate investors all over the country, including financing for residential investor flips, financing for rental properties, and cash-out refinances to make it’s clients investing endeavors more profitable and efficient.
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