Archive for the ‘ Hard Money Loans ’ Category

My sister is a developer and has an investment company based in Dubai (over billion in assets). I am looking for a hard money lender in the U.S. (preferably NYC) for about million and want to use her land (we can use million worth of land) in Dubai as collateral.
Does anyone know where I can find a hard money lender who can/will do this. Any help would be greatly appreciated

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I tried to refi money my home when the market was good and got talked into getting a loan trough a hard lender .. now my interest is at 12.5 and I cant get them to refinance my loan ……plus my credit is not that good… I know obama passed a law in February to help homeowners does that apply me.?

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I’m looking to invest in real estate through hard money loans and after some research and talking to some advisors in the field I found that you only make profit on these type deals when they are sold since the property is being used as collateral.
I’ve also heard that you can refinance the property brought with hard money, but I didn’t think this was possible since its already being used as collateral with the hard money. Can someone please share their knowledge with profiting from hard money deals. Thanks in advance.

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This is dealing with Real Estate

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I talked to one "businessman" who wants to borrow money at 100% interest rate. He says that in California there is no limit on hard money loans. Is he trying to scam people?

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I work for my self and need a hard money loan with minimal hassle. I have found two very good deals and am ready to make an offer on one house or the other. I keep hearing about hard money lenders who will 100% finance, but, I cannot find one. Is this a fantasy or do hard money lenders of this type actually exist?

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I am interested in purchasing investment properties below market value, rehabing them, and selling them as affordable housing. Is there a company out there that would finance me with a hard money loan or a bad credit/no credit loan?

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I was at a real estate seminar recently and they mentioned using a hard money loan to start off immediate investing with no money down. I have not heard of this option before and was wondering if it could be explained to me.

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I want to get started in real state in California. I heard the term hard money loan and I’m interested in looking into it. if any body could tell me much of what they know about it (rates,requirements, techniques, loopholes…etc.) that’ll be appreciated for life. thanks!

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To whom it may concern,
Hello, my name is Eddie. The reason for this post is because I’m looking for a hard money loan or a loan without requirements. I need a bridge to finance a property that I want to buy and invest in. I do have a job but I don’t have good credit or assets to put down as collateral but I was hoping to secure this loan with the piece of real property that I want to buy. I don’t know if it works that way but that’s what I was hoping to accomplish. The property I want to buy is in the City of Oceanside California, San Diego County. It’s a 2bdrm. 2baths. Condo currently listed at 9,900 it’s an REO Bank Owned Property and the agent told me that the bank MIGHT take a lower offer. I was hoping to get a loan for 9,900 and then offer 0,000 and hopefully get it at 0,000 and then fix up the condo for sale in like a month or two and list it at 0,000. The condo needs some repairs but nothing major. Please help.

eddielugan@yahoo.com

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loan need for small business

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how would one go about getting a hard money loan in michigan?

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I want to get into investing in property but my credit is crap. I was told about hard money, basicly loans at an high percentage rate. I think that’s my only way in. My plan is to get the money and repair the homes and what’s left use for monthly note. Basicly pay them back with their own money. Do you think this is a good idea? Where should I start to find a hard money loan?

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There’s alot of robbers out there just waiting for someone like me to come along. Who can I really trust with this?

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Just wanted to know what loan docs i need for people wanting the loans…?

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because i just got this new company but need someone money to get it going

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I am currently trying to refinance one of my properties.The problem is that my credit score plumitted because I am behind on payments(I have a variable interest rate & noone is currently renting my home).My payment keeps going up & I'm afraid I won't catch up!!!They tell me because of my score I would only qualify for a hard money loan & on top of that I cannot cash out.I've heard these loans are VERY high risk.Are they trying to srew my over.What do I do??My payment keeps going up,I need to cash out so I can pay for backed up bills.They tell me the only program that can give me a low monthly payment that is fixed is Option 1.Please give me your opinion.Thanks people I appreciate the help!!
I saw that one of you said to have someone else go into the loan with me & I have already tried that.My mom has a fico score in low 800's & even that way the bank's keep telling me that they will use MY score over hers.They tell me that they HAVE TO use the lowest score.So that doesn't work for my either.

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to buy a house from an owner facing foreclosure..and close the deal quickly? Please post a link or their contact info thanks. Looking for a nationwide lender who is mostly concerned about the low LTV and not credit scores or down payment.

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I've been told about this program and a little weary about it. I'd like to hear from people with experience with this that have invested in homes.

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