Tips For avoiding Loan Sharks.

franklin hard money

When in a situation where an individual or businesses are unable to receive loans for real estate or other investments in general, due to their bad credit or other financial reasons, they may turn to borrowers of an untraditional type. Loan sharks are one of them. Although loan sharks are generally deemed as a rough type of individuals that threaten borrowers, this isn’t always the case. Loan sharks sometimes appear as legitimate businesses in general.

Loan sharks are lenders who target borrowers that have bad credit and offer loans which are deliberately designed to appeal to the borrower. Loan sharks typically prey on the borrower’s desperation and offer financing options to borrowers who don’t have other options. While these loans sharks do provide short-term financial relief, the long-term of these options are catastrophic.

The following steps can be followed to avoid loan sharks in the industry:

• Unsolicited offerings are suspicious.
Loan sharks generally target victims by using public records and may look for distressed businesses or individuals’ record information. With that information, they may send letters or emails of offerings. In some instances, lenders may be persistent. If it gets to the point of harassment, a police complaint can be made.

• Checking contact information on the place.
Loan sharks wouldn’t hesitate to direct potential borrowers to fake websites or provide fake addresses to make them seem more legitimate. Checking the addresses and everything on the lenders’ site with efficiency would allow borrowers to interpret the lender’s legitimacy.

• Insist on clear answers.
Loan sharks may sometimes avoid discussing details of the loan. It is essential for the borrower to ask about the interest value, the length of payment and penalties. Viewing the loan contract is also a right of the borrower before signing.

While some individuals may get caught to loan sharks unintentionally, others may find themselves choosing loan sharks as a final option. This is just the wrong way to go as there are multiple other options for Franklin hard money loans available through proper legitimate and efficient business services.

BridgeWell Capital is a private money lending organization that has a reputation for being one of the best in the industry. Borrowers can gain their funds effectively with low down payments, no hassles, fast funding, and legitimacy for their investments!

How To Not Get Caught In Loan Scams

Deerfield Beach Hard Money Loans

Hard money loans are extremely helpful in financing real estate investments quickly and easily. Hard Money Loans are one of the best options when we can’t seem to qualify for a bank loan. We all know that hard money loans are not as stringent as the bank loans. Therefore, that makes it a lot easier for scammers to lure in potential borrowers. That is why when it comes to borrowing hard money loans, it is more than necessary to look out for scams. It is not always visible upfront if it is a possible scam or the real deal. But if you look into it and dig a bit deeper, some hints clearly scream “SCAM!”. Here are few such hints to help you stay away from such hard money loan scams.

Do the loan terms sound too good to be true? In many scam cases, that holds true. Hard money loan interests are almost always higher than those of conventional loans. Better watch out if you are offered rates that are very low compared to those of the market right now. Moreover, hard money loans offer LTVs up to maximums of 70% and will not fund the entire loan completely. That is to give the borrower more reason to work towards the success of the investment. Keep these points in mind when checking if a deal is too good to be true.

Next up, the lender’s reputation. Is the lender unknown or uses many different names? The reputation of your Hard Money Loan lender tells you a lot. Poor reputation leads to doubts in the borrowers’ minds. Well-known and consistent lenders can expect borrowers to have faith in them. Always make sure that you do a background check on the lender in question. That will help verify that their reputation is not questionable.

Looking for a Deerfield Beach Hard Money Loans provider that can help fund your real estate investments fast? BridgeWell Capital is the trusted name in the business from whom you can request funds right away. Call now, fax or apply online!

Hard Money Loans Vs. Purchase Money Loans.

hard money loans Raleigh

Receiving a loan from a money lender may sometimes seem like the first and last option when it comes to making a significant purchase such as a house or a car. However, to do so, it is essential to have a basic understanding of the fact that there are different types of loans. Because there are multiple different types of loans, identifying the right kind of loan to obtain for purchase initially is essential.

When attempting to make a purchase on an asset such as a house, the two common forms of loans that are faster and easier to receive than traditional loans are purchase money loans and hard money loans.

Purchase money loan is the cash that a home buyer borrows for the purchase of a house. The house can be any type of structure. Purchase money is what makes up part of the price for the purchase. The loan received is secured by the house (property). This means that if the home buyer who borrowed the money is unable to finish making the payments back, the lender of the funds may be able to seize the house and sell it to get their money back.

A hard money loan, on the other hand, is lent to a borrower and is not always necessarily used to buy a home. Collateral is used to secure the loan. When it comes to a hard money loan, it is essential to ensure that the right selection for hard money loans Raleigh is made. This is an important fact to remember since loan sharks might be in the market to acquire borrowers who may never be able to pay off the debt.

BridgeWell Capital is one of the most trusted private money lending companies in the industry. At BridgeWell capital, they guarantee the lowest down payments and the fastest approval and funding while ensuring hassle-free procedures for all clients.

All That You Need To Know About “Fix & Flip” Investments

Davidson Hard Money

Fix and flip investments are really popular among real estate investors. A ‘fix and flip’ investment is where an investor purchases a run-down property at a very low price and then fixes it up with proper renovation to increase its value and sells it immediately afterward. These type of real estate investments need to be done quickly. That is because even the slightest delay can result in losses and the risk involved is high. But if the costs are estimated accurately, and deadlines are met, a huge profit margin is inevitable.

What matters here is estimating the cost of renovation accurately. If you discount this too much, you might end up at a loss rather than actually gain from the deal. Also, fix and flip investments require funding soon and are mostly short-term. Less than a year in most cases. Most investors tend to back down in these situations due to lack of funding. Even banks tend to reject these short-term loans. That’s where you need to turn to hard money lenders. Hard money lenders provide quick and easy funding for fix and flip investments. They will offer you a percentage of the ARV as funding for your investment. ARV is the After Repair Value of the property. These loans are processed fast with minimal delay for investors to make use of excellent opportunities as they arise.

Looking for a Davidson Hard Money Lender? Davidson Hard Money lenders, BridgeWell Capital, can provide the funding you need for your fix and flip investments. With the right help and funding, you can easily profit out of fix and flip investments. Contact Davidson Hard Money, BridgeWell Capital to obtain that consulting and funding for your next venture. Request funding now!

New Generation Buyers Getting Used To Low Interest Rates

Davidson Hard Money Lenders

The real estate market is ever-changing, and nothing remains the same. Same applies to the interest rates on the mortgage loans. The new generation of buyers has been gifted with the opportunity of low-interest rates for mortgage loans. But if you consider the interest rates of the past, the interest rates now have dropped so low. That has profoundly affected the new generation of buyers in a positive manner. Attracting buyers has become easier and easier as we progressed from the latter half of the 1980s to now.

But there is a point to be noted. These rates won’t remain the same. Fluctuations are bound to occur, and we may be in store for a rise in interest rates. Those buyers who remember the 1980s know how the rates were back then. And how they have dropped. A new generation of buyers has surfaced meanwhile. This section of new buyers has had no experience in those ’80s decades. They will only compare the rates to those of a few years back. Thus if a rapid increase in interest rates takes place, these buyers may even be scared off.

That is one point that Davidson Hard Money Lenders need to have in mind before increasing their interest rates. As much as being competitive, the business must survive. And with higher inflation rates, higher interest rates may be in store. Buyers and lenders alike must worry about this impending situation if it does occur.

Looking for the lowest interest rates in town with the highest LTV? Davidson Hard Money Lenders, BridgeWell Capital, are the ones to call. With more than enough experience in this field of real estate investments, BridgeWell Capital stands out from the rest. Davidson Hard Money Lenders, BridgeWell Capital, can help you invest your money where it’ll multiply. Call now to request funding right away!

Myths about Hard Money Cleared Up

Hard Money Loans Atlanta

BridgeWell Capital, the leading provider of Hard Money Loans Atlanta, is here to debunk some myths related to hard money. It is well-known that many individuals who are skeptic about hard money are those who haven’t made use of it. With that, there are more than a handful of myths circulating about hard money that needs to be cleared up. As a premier lender of Hard Money Loans Atlanta, BridgeWell Capital is fully qualified to clear them up for you.

First of all, many believe that hard money is so-called because of their hard and fast rules related to lending. But that is not the case. Although it is true that the lending rules depend on the hard money lender, mostly they are quite flexible. They help clients fund their investments quickly. Here at BridgeWell Capital, we provide our clients with flexible loan terms that help cater to their needs.

The next most common myth is that hard money loans are more expensive. Again, this depends on the lender as they charge varying rates. Nevertheless, the flexibility and fast funding obtained is well worth its price tag. At BridgeWell Capital we provide the lowest of rates for Hard Money Loans Atlanta, helping our clients fund their investments.

Another common belief is that people only option for hard money when there is no other option. That is not so. Hard money is chosen by many business persons and investors because of its fast processing of funds. And also because of, its flexibility and easy application. At BridgeWell Capital, we even opt to help those in need. Namely, those who do not qualify for traditional loans.

We can help you fund your real estate investment. It is time for you to try closing fast with BridgeWell Capital. We can guarantee that you won’t do business with any other lender apart from us, after that.

How Do You Know If You Are Paying Too Much For Your Investment?

Hard Money Jacksonville

Some real estate investments appear to be killer deals at first glance. But they end up being not so much killer after you take a close look at it. But many avoid doing this and pounce on any such “killer” deals as soon as they see one.

Are you new to this real estate investment business? Then it is more than likely that you will end up paying too much for your investment. That is where you need to obtain Project Consulting from experts in the industry.

Real estate Jacksonville and Hard Money Jacksonville go hand in hand. Rarely does an investor have all the cash needed for the next real estate venture. But you see this real estate business flourishing. That’s all thanks to Hard Money Jacksonville. They help gain access to additional funding that you are in need of to fund your next real estate investment. The plus point is that some lenders provide you with consulting and insight into the deal you are thinking of. These experts having been in the business long enough, know when your investment is lucrative or not.

Newbies in real estate need to worry about this when even those who know their way around it get entrapped. Professionals have also had times in which they have ventured into bad deals. This market can be intimidating and can most of the time, lead you the wrong way. So take care when you pursue your next investment without any outside opinion.

BridgeWell Capital, the leading lender of Hard Money Jacksonville, provides the funding required for all types of real estate investments. With us, you can even gain project consulting regarding your venture. Our competitive rates and consistency have managed to set us apart from the rest. Choose to fund your next real estate venture with a reliable hard money lender. Call or apply online now to request funding from BridgeWell Capital.

Hard Money Loans from the Best In Palm Beach

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Palm Beach real estate provides a range of lucrative investment opportunities for investors anywhere. But you need to act fast once an opportunity arises to make sure that you close fast. That is not always possible if you don’t have an adequate amount of money in your bank account. Although you can apply for a bank loan, it is sure to take ages and a vast amount of documentation. Moreover, you need to have a perfect credit rating and your employment status matters as well. What if you don’t have all that? Is the Palm Beach real estate business too farfetched for you? The answer is no. With Palm Beach Hard Money Lenders here to lend you that helping hand, you can invest in real estate too.

Palm Beach Hard Money Lenders, BridgeWell Capital, is your best option because of its reliability. Here at BridgeWell Capital, we strive to help investors become successful in this real estate business. Everyone goes through a rough patch every now and then. We don’t look down upon poor credit owners or self-employed investors. In this real estate business, the only thing that matters to be successful is the profitability presented by the property. With good amenities and appreciation prospects, the property you choose to finance can help you generate profits. That is why we provide you with capital needed to close fast on splendid deals irrespective of your credit rating.

Our team here at Palm Beach Hard Money Lenders, BridgeWell Capital is here to help you. We are always ready to help out investors looking to seize the right opportunity. With our competitive rates and consistency, you’ve got nothing to lose. Instead, leverage the best from this real estate business in Palm Beach and build a better future for yourself.

Apply for funding now via our online application process or call us or fax us now to close fast!

Lowest APR Rates In Orlando from BridgeWell Capital

Hard Money Loans Orlando

In the real estate business, you need to get your hands on funds as quickly as possible. That is easier being said than done. It is not always that our bank accounts have the exact amount as that needed to pursue the investment opportunity. Nevertheless, we don’t think it’s right for you to drop your dreams just there. Hard Money Loans Orlando provided by BridgeWell Capital can be the answer to your problem. Why bear the whole weight of the investment alone when we are here to help you?

BridgeWell Capital, the trusted name in the business is known for its competitive rates and consistency. APR from 6.95% to 12.95% and LTV up to 80% is just the tip of the iceberg. Our services go beyond just lending capital to real estate investors.

Hard Money Loans Orlando also includes other investor services. These services can help our clients make the most in the real estate business. Project Consulting provided by our experts can make you put your money where it’ll make the most. That way you can make use of the most lucrative opportunity rather than just any investment. Also, we provide Proof-of-Funds Letters to our clients to let them show the availability of funds to close fast.

The easy application process makes it super-easy for clients to request funding the way they prefer. We take action to deliver our services in just a matter of days that you are bound to be amazed.

Don’t fret about your damaged credit or employment to request funding from us. We can help you succeed with the right investment. Hard Money Loans Orlando from BridgeWell Capital is the way for you to succeed in real estate. Feel free to contact BridgeWell Capital right away to request funding for your next real estate venture.

Hard Money Loans From The Best In Palm Beach

Palm Beach Hard Money Lenders

Palm Beach real estate provides a range of lucrative investment opportunities for investors anywhere. But you need to act fast once an opportunity arises to make sure that you close fast. That is not always possible if you don’t have an adequate amount of money in your bank account. Although you can apply for a bank loan, it is sure to take ages and a vast amount of documentation. Moreover, you need to have a perfect credit rating and your employment status matters as well. What if you don’t have all that? Is the Palm Beach real estate business too farfetched for you? The answer is no. With Palm Beach Hard Money Lenders here to lend you that helping hand, you can invest in real estate too.

Palm Beach Hard Money Lenders, BridgeWell Capital, is your best option because of its reliability. Here at BridgeWell Capital, we strive to help investors become successful in this real estate business. Everyone goes through a rough patch every now and then. We don’t look down upon poor credit owners or self-employed investors. In this real estate business, the only thing that matters to be successful is the profitability presented by the property. With good amenities and appreciation prospects, the property you choose to finance can help you generate profits. That is why we provide you with capital needed to close fast on splendid deals irrespective of your credit rating.

Our team here at Palm Beach Hard Money Lenders, BridgeWell Capital is here to help you. We are always ready to help out investors looking to seize the right opportunity. With our competitive rates and consistency, you’ve got nothing to lose. Instead, leverage the best from this real estate business in Palm Beach and build a better future for yourself.

Apply for funding now via our online application process or call us or fax us now to close fast!