Ok, before the APR police come out, this commercial not owner occupied (1-4) unit. I’m simple looking for feedback and want to discuss whats real when borrowing hard money from someone other than the 3 f’s (friends and family). we make loans from 12% t0 15% , pending deal size, complexity and risk profile. Hard [...]
All posts tagged Hard money Texas
Lets talk hard money rates – in Texas
Posted by ucfunding on September 22, 2011
http://hardmoneytexas.net/2011/09/22/lets-talk-hard-money-rates-in-texas/
HARD MONEY LOAN PACKAGING- GET THE STORY
One of the biggest challenges for hard money lenders is finding time review deals (paperwork), site visits and manage funding. Its critical to make sure the borrower is prepared or has a very concise “story” of the deal. Reading 100 page appraisals, 30 page executive summaries is probably not going to happen on the front [...]
Posted by ucfunding on July 7, 2011
http://hardmoneytexas.net/2011/07/07/hard-money-loan-packaging-get-the-story/
Looking for loans from 150k-3 million
Currrently we are searching for funding opportunities from 150k. This is private/hard money. Rates are from 11% +, 1- 5 year terms. Texas metro areas preferred. Income properties and owner user properties. Recent deals included raw land, restaurant, apt building, several investment residential homes.
Posted by ucfunding on July 5, 2011
http://hardmoneytexas.net/2011/07/05/looking-for-loans-from-150k-3-million/
