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All Forum Posts by: Julia Jordan

Julia Jordan has started 12 posts and replied 18 times.

An investor who intends to buy, fix up and then sell or rent a distressed property would consider a private money loan. Conventional banks and credit unions tend to shy away from lending on distressed properties, so a private/ hard money loan is often an attractive alternative for an investor who does not have enough funds on hand.

A borrower who needs to close quickly on a property might also rely on a private/hard money loan because they can actually be funded in a much shorter period of time than a traditional loan, which takes between 30 to 45 days to go through a bureaucratic underwriting and appraisal process.

Post: Best Practice...Keep On Learning!

Julia JordanPosted
  • Lender
  • Texas
  • Posts 25
  • Votes 9

Part of our team spent last Saturday sharpening their mental saws at a great local real estate training. Great knowledge, great networking and great fun! Great best practice to continue learning! Way to go Parker and Tanner!

🙌

Yes! So much growth and job opportunity there.  A great location to invest! We love the opportunities in Northern Alabama

Post: The 3 types of investors in this market

Julia JordanPosted
  • Lender
  • Texas
  • Posts 25
  • Votes 9

Number 3 sounds good to me!

Post: GOT MY FIRST CONTRACT SIGNED!!

Julia JordanPosted
  • Lender
  • Texas
  • Posts 25
  • Votes 9

Congratulations!  I learned a ton on my first property!  The lessons stayed with me through the years.  Great attitude!  Looking forward to seeing more of your "success posts"!