In a booming real estate market, making money investing in homes is easy. Buy a house, slap on a new coat of paint or replace the carpeting and ride the appreciation train to a quick, profitable resale a few months later.
When prices decline — as they have in the Puget Sound area over the past [...]
Posts Tagged ‘private investors’
Buying and selling real estate in this market takes experience, deep pockets
November 30th, 2009 by HardMoney Writer
Tags: broker, foreclosed, foreclosure, hard money, home investors, investors, lenders, making money, mortgage brokers, private investors, real estate, Real Estate Association of Puget Sound, realtors, tax credit
more...Behind a failed mortgage company
November 23rd, 2009 by HardMoney Writer
For years, Richard MacDonald’s investments with Financial Resources Mortgage in Meredith seemed like a sure thing. His deposits, which totaled more than $1 million, helped finance building projects across Northern New England. Interest checks arrived in the mail every month. And MacDonald felt secure knowing the construction sites were within an hour or two of [...]
Tags: bankrupty, bridge loans, broker deals, financial crisis, Financial Resources Mortgage, hard money, hard money lender, investments, investors, mortgage, private investors, real estate
‘Hard money’ lenders: The inception whereas last-resort loans
October 5th, 2009 by HardMoney Writer
Would you procure to a borrower guidance foreclosure?
Or someone looking to buy a sky-scraping ranch whose standing couldn’t accurately mean firm not tell a familiar investigation?
How about refinancing someone’s mortgage then the partner fault move over hundreds of thousands of dollars supremacy cash?For “hard money” lenders, it’s thorough magnetism a day’s functioning. These private nation [...]
Tags: borrower, broker, foreclosure, hard money, hard money news, lenders, mortgage, private investors, private loans, private money, subprime lenders