RCN Capital is a nationwide, private direct lender. Established in 2010, we provide short-term fix & flip financing and long-term rental financing for real estate investors. Our loans, often called hard money loans, range from $50k to $2.5M and can be used for the purchase or refinance of non-owner occupied residential & commercial properties.
Hard money loans are primarily utilized for real estate transactions and are money from an individual or company and not a bank. A hard money loan, usually taken out for a short time, is a way to.
We provide hard money loans, Private Money Loans, Home Equity Loans, Commercial Loans. Vacant Land Loans, Rehab Loans, FHA Loans, Mobile Home Loans, Home Purchase Loans, home refinance loans,
Hard Money Loan Agreement Asset Based Hard Money Lenders Hard Money Lenders For Land texas hard money Lender | Hard Money Lenders | TX Hard Money – Hard money loans, equity based loans, bridge loans, private money loans, Investment loans, and asset based loans. We provide hard money and bridge loans for land and commercial properties, in Texas ranging from $100,000-2,500,000. We can also provide hard money loans on residential properties in the Dallas area.Endeavor Capital – Official Site – Unlike commercial banks, Endeavor makes asset-based lending decisions that focus on the financial strength and underlying value of the collateral that secures the loan and not on the credit history of the applicant. The length of these loans is generally between six months and two years for amounts ranging from $100,000 – $10,000,000.Contents Terms private money premier hard money lender providing 8 references hard Collateral backed loans individuals. hard money (For a great overview of hard money loans, Nikhil Raheja did a write up here. the Company entered into an agreement to sell a property classified as real estate owned and held for rental.
We are a hard money lender here to serve your investment borrowing needs. Our specialty is non-owner occupied residential or commercial property. There are no personal qualifying requirements because our loans are equity-based only. This means we can close quickly and hassle-free.
What Is The Interest Rate On A Hard Money Loan Interest rates for hard money loans range from 10 – 15% depending on the specific lender and the perceived risk of the loan. Points can range anywhere from 2 – 4% of the total amount loaned. The interest rates and points may vary greatly depending on the loan to value ratio.
Wilshire Quinn typically funds loans in 5 to 7 business days and. to individuals who are looking to purchase or refinance an investment property. wilshire Quinn, a California hard money lender,
The Best Private Money Lender – If You’re Not Using US, You’re Paying Way To Much – Your Hard Money Company – Commercial, Fix&Flip, Rental, Investment Property, Multi Family, Cash Out, Bridge Loans, AirBNB Loans – Starting at 5.99%* Yes we can do your loan!
Hard money loans are interest only rehab loans from investors that come with a short repayment period of 12 months. Up to 70% of the after repaired value of the property is the typical loan limit. For example, if you want to purchase a house that costs $100,000 and it’s after repaired value is $200,000.
Hard Money Purchase Loans: California Properties Only. A Minimum 30% Down Payment is required. Personal Use Loans OK. Business Use Loans OK. Credit Score, Tax Return Income, Employment Status, Citizenship Status are NOT FACTORS in qualifying.
Hard money loans are typically short-term loans used to purchase or refinance real estate for investment purposes. You may be able to purchase a primary residence using hard money, but due to regulatory changes, lenders prefer to make these high-cost loans on investment properties.