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Houston, TX 77079

Monthly Archives: November 2015

Why Would You Want a Hard Money Loan?

When investing in Real Estate, a lot of times you have to close on a property very quickly. “Closing” in terms of real estate means the final transaction or the “settlement” of a real estate transaction between a seller and a buyer. As a real estate investor, you purchase a distressed property from a seller,…
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WHEN DOES IT MAKE SENSE FOR A DEVELOPER TO USE A HARD MONEY LOAN?

In our experience, even investors/developers with strong financial statements and access to bank credit frequently choose to use private money loans (also called “hard money loans”). Situations where private money loans make the most sense include those where the borrower: Requires a quick closing and banks cannot meet the deadline; Has more good opportunities than…
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