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Commercial Hard Money Lenders and The Case of Low Credit History

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Title: Commercial Hard Money Lenders and The Case of Low Credit History


1
  • Commercial Hard Money Lenders

2625 East 14 St. Suite 209 Brooklyn, NY, United
States 11235 info_at_expresscapitalfinancing.com
www.expresscapitalfinancing.com
2
How Commercial Hard Money Lenders Brought
Stability to Markets
Commercial hard money lenders have taught about
stability, survival. The success of hard money
loans has overturned the fortunes of investors.
Both established and new investors were facing a
crucial test as sales dipped. One must agree
that it's an innovative, creative approach. The
bold appeal of such financial products works in
favor of the sector. There are several reasons
why traditional loans are failing. The work
culture is evolving. Investors prefer options
over lower interest rates. They seek a balance
between time and funds availability.
3
Commercial Hard Money Lenders and The Case of
Low Credit History
The borrower's credit history is a crucial
factor. Your income, tax returns make a part of
the loan application. Commercial hard money
lenders consider other factors. They consider
the value of the asset. The collateral secures
the investment, cancels out risk. Hard money
business loans are case-specific products. The
higher interest rates are justifiable. Investors
could get money in hours or days.
4
Fix and flip lenders offer funds based on
property value. The short-tenure and
high-interest rates make it a time-bound deal.
Investors don't want to spend a day extra in
beginning the repair work and repaying after the
sale. The kind of profits keeps them on their
toes. Hard money business loans target specific
properties, deals. Investors find the property
and chalk out a plan, and lenders value the
collateral. The team-work nullifies any chances
of a loss at either end.
Flipping properties is a norm in the residential
real estate. Fix and flip lenders encourage
investors to bring them exciting projects. The
repair and renovation is the responsibility of
the borrower. They've got plans in place. They
know a minor or complete overhaul would enhance
the selling prospects.
5
Commercial Hard Money Lenders and Foreign
Nationals Testing Fate
The real estate sector entices success-seeking
individuals. They turn their attention to
flipping houses. Their association with
commercial hard money lenders offers hope. They
go through their community circles to find the
sellers and buyers both. The contacts make a lot
of difference in the sector. F ix and flip
lenders show a willingness to work with new
investors. They don't see a risk. They see an
opportunity.
6
Hard money business loans offer convenience,
immediate funds. There is a huge demand for
loans in flipping houses. Investors don't want
to wait for the bank approval because it would
put the deal in jeopardy. They don't have time on
their side. They expect the renovation to begin
the next day after purchasing the property. All
these features combined make hard money loans
indispensable. The time and immediate fund
release seal the deal.
7
Thank You!!!
2625 East 14 St. Suite 209 Brooklyn, NY, United
States 11235 info_at_expresscapitalfinancing.com
www.expresscapitalfinancing.com
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