“Hard Money” or “private” lenders make real estate loans based on the value of the property. Most of our borrowers cannot get the funds they need from a bank because banks need formal property appraisals, satisfactory credit reports and tax returns, and require several weeks or longer to close a loan.
At Realty Resources, we require NONE of these items, and we can close your loan in just a few days. Private lender rates are usually higher than a bank, and are generally set up on a shorter term, with your loan typically coming due in 12 to 24 months.
Call David or Ron at 404-252-7070 for a friendly discussion about the transaction you’re considering.