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Housing recovery lags other big metro areas

Housing recovery lags other big metro areas Of the nation's ten largest metro areas, Chicago has the smallest share of homes that have recovered to their pre-recession peak values. The culprit: Chicago's slow growth in three inter-connected spheres—jobs, income and population—relative to the other big cities. Just 7.6 percent of the homes in Chicago area [...]

By | July 6th, 2017|Borrower News|0 Comments

Midpriced suburbs market tightens

Tight inventory, which has plagued the Chicago and national real estate markets for a few years now, keeps getting tighter in mid priced suburbs. Tightest among them are Glendale Heights, where the supply of homes on the market at the end of February was enough to fuel just 1.4 months of sales, Elk Grove Village [...]

By | June 27th, 2017|Commercial Lending|0 Comments

Upside to hard money commercial loans

Upside to hard money commercial loans First, you need to understand what hard money commercial loans are. The definition of "hard money commercial" in real estate financing is essentially a non-bankable loan. The name hard money is frequently interchanged with "no-doc" or private loans. For a hard money commercial loans, the underwriting decisions are based [...]

By | April 18th, 2016|Commercial Lending|0 Comments

Leading Hard Money Lender In Chicago

If you need a hard money lender in Chicago and surrounding areas Chicago Rehab Loans is your premier financing lender. Of all the hard money lenders in Chicago Rehab Loans offers the fastest and most flexible financing. There are times when bank loans and slow processing time just won’t do. Riverdale can offer you privately [...]

By | March 24th, 2016|Hard Money|0 Comments

What is Residential Hard Money Lending?

What is Residential Hard Money Lending? The definition of “residential hard money” when referred to in real estate financing, is essentially a non-bankable loan on an investment single family home (or duplex). The name residential hard money is frequently interchanged with “no-doc”, private loans, bridge loans, etc… For a residential hard money loan, the underwriting [...]

By | March 18th, 2016|Hard Money|0 Comments

Hard Money Loans For Quick Financing

Hard Money Loans For Quick Financing Hard money is your source of financing when banks are not an option or the loan is needed in a short period of time.  Hard money loans require less paperwork, credit, and is a great financing alternative to get money quick to move on time sensitive projects. Hard money loans [...]

By | March 17th, 2016|Hard Money|0 Comments

Commercial Mortgage Loan and Private Money Alternatives

Commercial Mortgage Loan and Private Money Alternatives By:  Kimberly Hoffman If you have never borrowed money for your business before, you may be in for a surprise. Whether you want to borrow working capital to expand your business or leverage equity in a commercial real estate venture, you will soon find out the commercial loan [...]

By | February 2nd, 2016|Commercial Lending|0 Comments

Things to Know About Investor Rehab Projects

Things You Need to Know About Investor Rehab Projects Investor rehab projects can go terribly wrong if you don’t know what steps you first need to take and what improvements will maximize your investments.  Here are a few things to first consider so you can enjoy your finished project and avoid the bumps in the [...]

By | February 1st, 2016|Investor News|0 Comments