Non Prime Loans Return Owner occupied hard money loans are a specialty in the field of private lending. Private money loans are almost always commercial loans for investment properties, apartments and commercial buildings, etc. Getting a non prime loan for an owner occupied property in Nevada, California, Oregon, Arizona, Utah can be harder to find. [...]
We fund rehab loans for real estate investors across the country. We have very flexible lending guidelines with stated income, No Doc loans non owner occupied commercial real estate loans. We like to see at least 30% down payment of both the purchase price and remodel budget. We require the after value to be greater [...]
The tentative recovery in the residential housing market has not put a damper on the supply of single-family home investment properties?or buyer demand. Both individual and institutional investors continue to find ample opportunities to acquire properties at discount prices. Since starting to buy single-family homes at the beginning of 2012, Los Angeles-based Colony American Homes [...]
How long does it take to close a Hard Money Loan?
What type of properties do we lend on? Residential Investment, Commercial Property, Mixed use, Apartment Buildings.
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Chicago Bridge Loan is a short-term loan which bridge the borrowers plan from one real estate transaction to another. The Chicago bridge loan is useful when a borrower only needs financing for a short time frame where a long-term fixed rate loan does not make sense. A Chicago Bridge Loan or a hard money bridge [...]
Loans for back taxes Loans for delinquent real estate taxes in Chicago are common in this challenging economy. Unfortunately many real estate investors miss the due dates or simply do not have funds liquid when due. Their actions or inaction's can lead to costly consequences including cash flow issues which inevitably have a trickle down [...]
Financing foreclosures Financing foreclosures can be a challenge in Chicago. Financing real estate foreclosures with purchase money mortgages is not a viable option if the borrower or the property does not qualify. Banks will not finance properties that need major repairs, unless the loan is owner occupied and the borrower qualifies for and FHA 203k [...]
