Hard money, or private lending, means lending capital to real estate investors, secured by the property itself, rather than buying property directly.
Log in to followI'm 30 pages into a participation agreement for a $75k slice of a $310k bridge loan and I've stopped at two sentences. First: "Participant acquires an undivided beneficial interes…
I pulled $92k out of a refi on one of my small buildings and I don't want it sitting in savings for another year. A guy I know locally does 4 or 5 flips a year, mostly 1950s three…
Loan on my desk: $412,000 on a 6 unit brick walkup, tired but occupied at 4 of 6. Borrower is repositioning, turning units as they vacate, exit is a DSCR refi at stabilization. As…
A lender near me who does fix and flip paper offered me two ways in and I can't tell which one I'm actually being paid for. Option A: 25 percent of a single note. $400k loan, 11 p…
I sold my share of a mechanical outfit last year and have 140k sitting in a money market. A GC I subbed alongside for six years called me about a flip he's got under contract and…