Advantages of Hard Money Lending Houston
GL&L Holdings, one of the more experienced Houston hard money lenders, is willing to provide you with the money needed to grow your real estate investment dollars. If you’ve looked into real estate investing, you’ll know that the cost of business is typically not cheap. Hard money lenders in Houston and those who provide hard money business loans understand the need for temporary large sums of cash, with short notices, to make the kind of investments that lead to doubled returns.
What is a hard money lending in Houston?
When real estate investors are in need of financing options to purchase properties, they turn to various sources to provide the monies needed. Hard money lenders in Texas, GL&L Holdings provides one of those options through hard money business loans. In essence, it is a short-term loan secured or backed by real estate, meaning real estate is often used as collateral, also known as a bridge loan. Even for scenarios where individuals do not have the best financial history, GL&L Holdings provides hard money loans for bad credit borrowers. With the use of a hard money loan calculator, they are able to determine the best possible lending options for your business, especially when needed to act quickly.
Hard money lenders in Houston, GL&L Holdings can provide a loan to assist with:
- Purchase, Rehabs, and Flips
- Construction loans like townhome or Custom House Construction
- Loan Programs
- Foreclosure Purchase & Resale
What are some advantages to hard money loans?
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Short –term loans
The lending industry in Texas sometimes receives criticism for long term loans with risky interest rates. One of the best parts about these loans is that they are often short-term. Since they are backed by real estate, there’s no need to have lengthy loans with high interest rates. Instead, you can borrow what you need for a short period of time in Houston.
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Bad credit is no problem
Bad credit typically acts as a barrier to individuals seeking financial assistance, even in terms of business and investing. If this is you, hard money loans for bad credit are still an option to grow your investment portfolio and to make your money work for you.
Perfect right now cash for investing from hard money lenders Houston
Real estate investment opportunities in Texas are often time sensitive. Houston hard money lenders like GL&L Holdings understand that off the market properties that meet your requirements aren’t easy to come by as some would make it seem. Considering the amount of lenders, investors, banks, and owners that are constantly looking for a property, when you get a good lead, you want to secure that investment pronto. Knowing Hard money lenders in Texas such as GL&L Holdings is helpful for bridging the gap when cash is needed fast.
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Save your money, use another’s
Millionaires invest in real estate. It’s simply a fact. One of the biggest secrets to their investment strategies is that they do not use their own money to do the investing. They save themselves the hassle and mitigate risks by using the money provided by banks and private lenders to fund these endeavors. This is why there are even hard money loans for bad credit. Hard money business loans are viable financing options for all looking to invest in the Houston market.
Ready to learn more about hard money lenders in Houston? Interested in us using our hard money loan calculator to find out how much you can borrow for real estate investing? Contact us today!
(832) 770-9415
GL&L Holdings is a private equity and asset management firm.
