Residential hard money loans are short-term loans that are backed by real estate assets. Also called bridge loans or no-doc loans, hard money loans are a great option for real estate investors looking for a loan quickly. At Source Capital, we provide loans with terms up to 36 months without tacking on "junk fees" or superfluous terms.
Nationwide Mortgage in Mission Viejo, CA provides lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip.
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Hard money and private lending is a critical cog in the wheel of investment real estate. Without hard money lending real estate values overall can falter as fewer homes are available for sale. Especially so here in Florida. Yet because private investors issue hard money loans it can be a challenge at times to find these types of financing.
My question is, can we refinance this property into a 30 year conventional loan and use it as a rental instead of selling the property? This would produce us $303/month in cash flow and have a 14.6% cash on cash ROI. If we did this, will a hard money lender allow for us to keep the property instead of selling it?
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Try our easy-to-use refinance calculator and see if you could save by refinancing. Estimate your new monthly mortgage payment, savings and breakeven point.
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Get direct hard money loans in Los Angeles, California or anywhere in the state for residential & commercial property purchases & refi’s. Interest rates starts at 7.99%. Call: 800-571-0887.
Fix and Flip Loans – Hard Money Rehab Loans – Financing a House Flip North Coast Financial provide fix and flip loans (hard money rehab loans) in California and have over 37 years of experience. Based in San Diego, California, we offer quick approval and funding , competitive rates and professional service.
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