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Hard Money Rehab Loans
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Rehab loans are a niche product provided by a select group of rehab lenders. For the most part, lenders are only willing to finance fix and flip loans up to 65% or 70% of Private lenders for real estate investment the ARV or 85% of the purchase price, which means you'll need to put anywhere from 15% to 35% of the home's value in your own cash on the table to get the ball rolling.
Fix and flip loans (also known as hard money rehab loans, investment property rehab loans or house flipping loans) are short-term financing tools that enable a real estate investor to obtain the necessary capital to acquire, improve and resell a property for profit.
We have additional information for people who are interested in finding or evaluating their own hard Fix and Flip Loan money loans, as well as additional information on existing opportunities for those who are ready to earn more cash flow now!
Use Hard Money- hard money lenders are private individuals who loan on property based primarily on the value of the property (read my post on Hard Money Lenders here).
Although Private Money Rehab lenders have been tightening their standards in recent years, they still will generally lend 100% of the purchase price and possibly even repairs if the deal is good enough.
With a private money lender you can either pay their interest on a monthly basis or you can pay them accrued interest which means their interest Private lenders for real estate investment will accrue and they get paid all their interest in a lump sum along with their principal investment at closing when you sell the house.
Private money mortgage lenders are those individuals who have the funds available to finance a real estate investment - and more importantly Fix and Flip Loan who would be willing to secure a loan on your property with the title or deed to your investment property in exchange for returns. For more information, please visit our site http://www.privatemoneyrehab.com/
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