BankerBroker.com Hard Money Update
Post date: Nov 17, 2010 12:40:45 AM
Aside from being an FHA, No Doc, Conventional Lender we also specialize in Hard Money Loans. An Immediate Need - Call us at 877-410-MONEY
BankerBroker.com Provides Private Money Real Estate Loans for Commercial, Residential, Industrial, Multi-Family, Mixed-Use, Land & Lots
· Refinance - No Seasoning or Cash-Out Limitations.
· Bridge - Fast liquidity - less expensive than real estate equity.
· Fix & Flip - We lend on the After Repaired Value of the property.
· Short Sale - Based on Current [market] Value of the property.
· Construction Completion - Based on Future [completed] Value.
We'll need to discuss the:
Location and Character of the underlying property.
Story that gave rise to the need for the loan.
Current Status of the Real Estate and/or Project.
Basics on the Principal(s) in the transaction, and, most important.
Exit Strategy ~ A realistic detail of how the loan will be paid off at maturity.
What we've Closed! A sample of our 3rd Quarter Closings!
What we DON'T Do:
No Foreclosure bailouts
No Rural or Manufactured
No Owner Occupied 1-4 under $250,000 (unless construction)