Google 5-Star Rated Direct Hard Money Lender
515 South Flower Street, 18th Floor
Los Angeles, CA 90071
Los Angeles, CA 90071
18205 N 51st Ave, Suite 115
Glendale, AZ 85308
Glendale, AZ 85308
600 West Broadway, Suite 700
San Diego, CA 92101
San Diego, CA 92101
121 Washington Ave N 4th Floor
Minneapolis, MN 55401
Minneapolis, MN 55401
325 North St. Paul Street, Suite 3100
Dallas, TX 75201
Dallas, TX 75201
110 16th Street, Suite 1400
Denver, CO 80202
Denver, CO 80202
MB#0938454 | CA BRE# 01796521 | NMLS# 237332
★★★★★
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What are Distressed Properties?
/in Blog/by Sacha FerrandiDistressed properties are homes or commercial buildings under financial duress that tend to sell under market value. This may be the result of a foreclosure or loan default, or the need for serious renovations. Distressed properties tend to be seriously attractive to investors. They offer the potential for significant discounts on purchase price, opportunity for […]
What are Hard Money Business Loans?
/in Blog/by Sacha FerrandiHard money business loans are short-term, asset-based financing solutions that are secured by real estate and funded by private lenders. Unlike traditional mortgages, these loans put little, if any, weight on credit score, income, or financial background. They’re primarily concerned with the property used as collateral. Hard money business loans can be used in a […]
What is Hard Money? The Ultimate Guide
/in Blog/by Sacha FerrandiPrivate money loans are flexible, quick financing options individuals or companies provide. They are often based on the value of the property or asset rather than the borrower’s credit score. These loans are best suited for real estate investors, house flippers, and those with unique financial situations needing fast access to funds. Source Capital offers streamlined private hard money loans with same-day approvals and flexible terms.
How Do Private Money Loans Work?
/in Blog/by Sacha FerrandiPrivate money loans are flexible, quick financing options individuals or companies provide. They are often based on the value of the property or asset rather than the borrower’s credit score. These loans are best suited for real estate investors, house flippers, and those with unique financial situations needing fast access to funds. Source Capital offers streamlined private hard money loans with same-day approvals and flexible terms.
What is Loan to Value (LTV) and How to Calculate It
/in Blog/by Sacha FerrandiLoan to value (LTV) is a number lenders use to decide if they want to give you a loan for a house or other property. It’s a percentage that shows how much of the house’s value you’re borrowing. If this number is relatively low, it means you’re borrowing less compared to what the house is worth, which lenders prefer because it reduces their risk.