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Private Money Lenders for California Real Estate. Private Money Loans and Mortgages for Residential Real Estate. Fixed Rates from 8.00% (excluding consumer). Points from 1.5. 37 Years of Private Money Experience. No Junk Fees. Fast Approvals & Funding. Asset-Based Lender Financing up to 75%. $800M Funded Since 1981.
Private money loans come from wealthy individuals. It’s just like borrowing hard money, except 1) the interest rates are typically MUCH lower, 2) there are typically few or no fees, and 3) the private lenders are typically MUCH easier to work with!
Private Money Loans Background With the current state of the economy and the tightened financial markets, the use of private money lending sources has skyrocketed over the last couple of years. Adding fuel to the fire is the fact that our so called “great recession” has put many people into bad credit situations that prevent them from.
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.
RCN Capital offers short-term and long-term financing options for real estate investors. Whether you are looking to fix & flip properties or hold properties for rental income, RCN has flexible options that are suited to your needs.
One of those is private mortgage insurance, or PMI.. FHA loans have a similar type of mortgage insurance that's purchased from the federal.
How Do Commercial Construction Loans Work Commercial construction loans help cover the cost to construct, renovate, or expand a building. Typically, these loans have shorter terms (i.e. the time allotted to pay back the amount borrowed) compared to personal loans or mortgages.
Performing due diligence on real estate projects is not on their resume. I have a website that helps pick out for a business owner or SDIRA prospective owner the right Provider of Solo 401ks and SDIRAs that allows in their plan : real estate, loans on real estate, private loans, loans to businesses, farm loans, precious metals,etc.
"The financing and underwriting experts at Hunt Real Estate Capital were able to streamline the loan approval process through their. its own balance sheet and managed public and private investment.
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Private Lending Investments, Inc. is dedicated to providing secure real estate lending opportunities for private lenders seeking a high rate of return.