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Hard Money: What is it and How do Hard Money Loans Work? – Some investors use hard money to get into the property, do some quick fixes to raise the property value, then get a new loan (based on the property’s new, improved value) from a bank to pay off the hard money lender. In Other Words . . . Hard money loans are easily accessed and cut through the red tape. If you can develop a relationship with.
GCMAC is a family owned direct hard money lender (not a broker) based in San Antonio, Texas. With more than 30 years experience in equity based lending, GCMAC specializes in financing for individuals and companies whose needs are not fully met by traditional banks.
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Hard money loan – Wikipedia – A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. hard money loans are typically issued by private investors or companies. Interest rates are typically higher than conventional commercial or residential property loans, starting at 7.7%,  because of the higher risk and shorter duration of the loan.
Are Hard Money Loans A Good Idea Can I Get Approved For A Hard Money Loan With Bad Credit – Bad credit can keep a lot of people from getting the loans they need, but this is not the case with hard money loans. Unlike traditional bank loans, hard money lenders do not require a person to have good credit to qualify.
Hard Money Commercial Loans – Hard Money Commercial Loans. If you own a commercial property, but either your company is losing money or your credit is poor, you can still easily obtain a commercial loan from a hard money lender.. Hard money lenders make the riskier commercial loans, the deals the banks won’t touch.
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Canadian Hard Money Lenders | Real Estate Investors. – Canadian Hard Money Lenders lend on short term basis on an investment properties. Loan to value ratio shall not exceed 60%. Instant funding available provided all information is provided.
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