What are the best ways to choose a private lender?
We actually answered this question in great detail on our blog, so please check out this blog post, titled "How To Choose the Best Private [...]
Are institutional lenders better than private lenders?
There’s no correct answer to this question because the word “better” is so subjective. What is “better” for one investor may actually be worse for [...]
What qualities are hard money lenders looking for when qualifying a potential borrower?
There’s no right or wrong answer here, but most private hard money lenders are evaluating the borrower more so than the investment property. Most private [...]
What are the differences in the terms of a private hard money loan versus the terms of an institutional loan?
In general, institutional lenders have lower interest rates and higher closing costs, while private lenders have higher interest rates and lower closing costs. The difference [...]
What’s the difference between getting a hard money loan from a private lender versus an institutional lender?
The biggest difference boils down to the information they use to make their lending decisions. Institutional lenders are typically “hard equity lenders”, meaning they make [...]
Why can’t I get a loan from a bank for my real estate investment?
Banks can be difficult to work with because they don’t like to lend on a number of common real estate investments, such as land development, [...]