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James McAlister
  • Investor
  • Cincinnati, OH
36
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249
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Real Estate Investor Financing: Short AND Long-Term Hard Money

James McAlister
  • Investor
  • Cincinnati, OH
Posted Jul 7 2016, 11:24

Short Term AND Long Term Private Hard Money Loans:

Hard Money Investor Loans From 12 Months To 30+ Year Terms

Many real estate investors focus only on the short-term options available from Private Hard Money Lenders.

At Glassridge, the majority of our loans are actually 10+ years in duration, many reaching 30+ year terms. Private Hard Money Loans (HMLs) are a great choice if you’re looking for alternative long-term financing.

Some of the most common scenarios in which our investors successfully use hard money include:

  • Fix & Flip. Most well known type of HML, usually in a 9 - 18 months term.
  • Bridge / Gap Financing. For very short-term financing needs, 12 months or less.
  • Rental Acquisition. These can be competitive with bank loans, ranging in terms from 3 - 30+ years!
  • Refinance. Our fastest growing type of Hard Money Loan is for refinancing existing loans. Refi loan products can also range from 10 - 30+ years.
  • Renovations & Repairs. If you need to borrow against equity for upgrades & repairs, we have mid-term loan products that range from 3 - 5 years.
  • Blanket Portfolio Loans. Hard Money Loans are the best option to consolidate multiple properties under a single blanket loan with terms up to 30 years.

We want to fund your next deal, and have the wide variety of Hard Money Loan programs to make that easy, accessible, and fast.

Whether you need short-term Fix & Flip or Gap Loans, or long-term Rental Property or Portfolio Loans, Glassridge has a financing option to meet your needs.

We also have specialized Hard Money Loan Programs to help cater to the needs of your unique scenarios, including Foreign National Hard Money Loans, ARV-based LTV Loans, and Low Doc / No Doc Loans.

If you’re wondering anything about short-term financing, long-term Hard Money Loans, or real estate investor financing in general, feel free to contact me here on BiggerPockets, or check us out at Glassridge.com.

Thanks!

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