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Colleen Bigler Lender in LA Ca. While I agree with risk, the key is LTV. If I fund a 2nd on case by case basis, I would not go above 55%. However, doesn't work for point of pu... See more10 replies
RuanHard Money was coined originally from- hard coins...I have been in Hard Money in Ca. since the 80's and there are now Hard Money lenders and Funds with their own underwritin... See more4 replies
If you have a great deal ,the costs of Hard Money verses losing the deal due to time factors would be the choice. Ask for at least 3 year loan to give you less stress while tryi... See more5 replies
Authored Blog Posts
I would like to discuss Hard Money Lenders and the new required federal license. No sense, written for bankers not consumers, would be just one protest. We don't and haven't for some time made cons...
So, how do you qualify for a hard money loan?Truth be told, you don't. The property is or should be 99% of the underwriting criteria. Investors lend on property that has plenty of a protective equi...
Well I saw it coming with the S.A.FE ACT written to eliminate a large group of mortgage brokers. Now Bank of America, one of the 3rd largest wholesale lending banks, is going retail ONLY, yes. Hear...