Hard money loans are a specific type of asset-based loans. In this type of loan, a borrower receives funds that are secured by the value of a parcel of real estate. These loans are paid back with a higher interest rate than conventional commercial or residential property loans. This type of loan is rarely, if [...]
We get a lot of questions regarding the commercial loan business. Many are from our peers that want our opinions on the commercial loan business.
Warren Buffet was on the radio this morning. He stated “when the markets greedy, be fearful. When the markets fearful, you be greedy.” I think we can all apply that perspective [...]
Borrowers with bad credit that are seeking commercial loans will often face a difficult process, expensive loan options and many “no’s”. Even though it is a tough situation, borrowers should try to not get discourage and to stay patent as their solution may be just around the around the corner.
What are the potential commercial loan [...]
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