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· To get a conventional investor mortgage, you often need at least 25 percent down, though a good mortgage broker might find other options, including a lower down payment or a loan that provides some money for repairs. Hard-money lenders will lend to nearly anybody, but interest rates are high. Borrowing from friends and relatives is another option.
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A hard money lender for real estate investors, flippers and rehabbers, and landlords serving New Jersey, Pennsylvania and Delaware. Investors like you utilize our end-to-end services to help obtain the profit you seek for every investment property you rehab to flip or rent and refinance.
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With home market downturn, many real estate investors have turned to hard money lenders for cash. Hard money lenders have provided another option for real estate investors to get the money necessary to invest into short-term projects. To understand how the process works, you must understand what
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Hard money loans, sometimes referred to as bridge loans, are short-term lending instruments that real estate investors can use to finance an investment project.This type of loan is often a tool.