You’ve found a great opportunity to make some money. You’ve heard about hard money bridge loans but you don’t know what to expect? Here are some of the basics
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Top 10 Credit Don’ts During The Loan Process
October 26th, 2010
davidguide 1. DON’T DO ANYTHING THAT WILL CAUSE A RED FLAG TO BE RAISED BY THE SCORING SYSTEM. This would include adding new accounts, co-signing a Loan, changing your name or address with the bureaus. The less activity on your reports during the loan process, the better. 2.DON’T APPLY FOR NEW CREDIT OF ANY KIND. Including [...]
Hard Money Loans – The Last Resort
August 26th, 2010
Julia Vakulenko Conventional loans are the tool of most home buyers. Lending institutions loan money to the buyer based on credit history and income. Hard money loans are less dependent on credit score and revolve around assets, instead. There should be no confusion that one is a substitute for the other. When buying a house there are many choices in loan options, but the choice between conventional or hard money is not one of them. Hard money loans are for unique, often distressed situations.
Survival Tactic – Commercial Hard Money
August 14th, 2010
davidguide Commercial hard money should only be thought of as an option after you have exhausted all other sources and have come to the conclusion that you just won’t qualify for a conventional loan. The choice, though hard for many borrowers, is normally simple. Either lose your business or building or accept the terms offered [...]
Hard money loans, what is it all about?
August 11th, 2010
davidguide We all know banks are not lending money. We also know that the few opportunities that may exist from borrowing are made much more difficult by the banks requiring better credit than ever, and many of you have suffered credit hits because of the current downturn, reduced revenues and increased overhead expenses. Thus, it is [...]
Unsecured Business Loan- Let your Dreams Fly High
July 11th, 2010
davidguide Aspire to start your own business or expand the existing one? Don’t let financial problems come in the way of your profits. Lack of asset like home or any other residential property may pose a problem in getting loans. But, as it goes, if there is a problem, there has to be a solution to [...]
Start up Business Loans-An Aid to Boost Your Business
June 23rd, 2010
davidguide Are you fed up of doing a job? Do you want to start your own business? Is the shortage of funds creating a problem? Don’t worry, as Start up business loans would play the role of a lifesaver for you. Owing a business is a dream that almost everyone nurtures. But many are not able [...]
Business Loans: Giving Wings to Your Ideas
February 22nd, 2010
Arsha Hanif Starting a new business venture is one of the most exciting and challenging journeys that one takes. Understanding these challenges and careful business planning can help lead to a successful business launch. Among the first challenges in launching a new business is arranging for finances. It is here where Business loans come in the picture.
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