800.883.8290What is the 50% rule in rental property?
The 50% rule in real estate suggests that half of your rental property's gross income should be allocated to operating ...
What type of loan is best for a rental property?
Depending on your overall project a hard money lender is usually worth using if there is enough profit margin. Hard ...
Is it harder to get a loan for a rental property?
Getting a hard money loan on a rental property is relatively easy compared to traditional financing since the approval process ...
Does the loan have a prepayment penalty?
Usually not but it could vary from deal to deal. Because much of the money used for hard money loans ...
Do you work with or compensate brokers?
Yes, absolutly. Brokers are welcome and protected. A large amount of our loans come from Brokers all around the country ...
Can I get a hard money loan if I have a low credit score?
Yes, Hard Money Bankers does pull credit, but it is usually not the primary factor in our lending decisions. Unlike ...
How much money do I have to put in the deal?
The down payment for hard money lenders typically ranges from 10% to 40% of the property’s purchase price. We are ...
Do hard money lenders require an appraisal?
Most hard money lenders that use private capital don’t require a standard appraisal. However, they may use a broker price ...
