Hard Money Loans
Nationwide
$500,000 to $50,000,000
12 to 24 months
Rates from 10% to 14%
Loan Fees 3% to 5%
Various terms depending on the risk associated with the property
Why consider hard money?
Opportunity - you have an opportunity to purchase a property at a very attractive price,
but you need to move fast and with certainty.
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Time - you have a property in lease-up and need some additional time to get it
stabilized for permanent financing.
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Necessity - your present loan is maturing and you can't get a conventional loan in this tight money environment -
or, your loan has matured and you need to choose between bankruptcy or a hard money loan -
or, you are in bankruptcy but have a viable plan and need financing to implement it.