Private money lenders, or hard money lenders, give real estate loans that are based on the value of the property. When a bank turns you down for whatever reason, a hard money loan is the answer. A hard money lender offers bad credit loans, hard money loans, and private money loans. Get money lent to… Read more »
Flipping houses is one of the most lucrative business opportunities available in today’s market. Furthermore, many house flippers have begun their businesses through hard money loans, which allow them to purchase homes to flip. House flipping requires grit and determination, and is not as easy as some may seem. As a home flipper, you must… Read more »
Flipping and renting out homes can be an excellent way to create another profitable stream of income. However, if this is your first time going through the process, make sure to keep these rules in mind to ensure things go according to plan. 1. Be ‘Over-Prepared’ When Doing the Numbers When dealing with any financial… Read more »
With roughly 50 different hard money lenders in Atlanta, Georgia, there’s a wealth of opportunities for taking advantage of hard money loans. But what exactly is a hard money loan and how can a hard money lender be of benefit to you? This article will answer these questions and more. What Exactly Is A Hard… Read more »
Have you ever heard of “hard money loans?” They are also known as private money loans. Do you imagine a guy in a dark trenchcoat and glasses with a briefcase full of hard, cold cash? You’re a creative thinker if so, but that is not the case. There have been bad lenders who have given… Read more »
A hard money loan is a private lending alternative to obtaining traditional loans in Atlanta, GA. These loans are usually for those seeking funding in the real estate business. Hard money loans were started in the late 1950s when the credit industry was in a state of significant change. These loans are typically short term,… Read more »
You’re a young couple that has recently decided it’s time to stop renting from one careless landlord after another. You’re ready to buy your first home in Atlanta, but there are few hurdles you’re going to have to jump if you want to be able to purchase the perfect little fixer-upper. You know that getting… Read more »
The average credit score in the US is 695. An all-time high. Five tiers of ranking determine where you fall on the scale. Anything between 660 and 719 is average, but numbers below 620 are bad. Approximately 12% of Americans fall below 550. Bad credit rates affect daily life, making it harder to borrow money and apply for credit… Read more »
Refinancing your mortgage is not a sure bet even in today’s thriving economy. In fact, the average American still cannot get qualified for a mortgage. One main reason for a traditional mortgage denial is insufficient credit scores. According to data, the median credit score for a new mortgage is over 750. This is significantly higher… Read more »
What’s your credit score? This is what people ask when it comes to big investments like leasing a new car or buying a home. Unfortunately, a few young and dumb mistakes made your credit bottom-out. You’re not among the 650 – 743+ average credit score range. Fast forward to today, sitting across from a lender… Read more »