A few times a month, we at First Capital Trust Deeds are asked by prospective borrowers, Realtors, and mortgage brokers what are the lowest interest rates for hard money bridge loans we can secure for financing for a customer.
Current updates on the real estate market, private money, hard money, and trust deed investing.
Hard Money Loans
Real estate investors have two options when it comes to property: sell or rent. Selling is a short-term investment strategy, while renting is a long-term investment strategy. Ultimately, to make the decision, several factors are at play. Each option has the opportunity to make a nice return for you, but in some markets and locations, one may be more advantageous than the other.
Deciding on how to invest your money is never an easy task. There are lots of options, each with their own pros and cons. You may be most concerned with how to get the best return on your investment. Trust deed investing is a unique approach that can allow you to diversify your portfolio away from the often-erratic stock market.
Hard money loans are an alternative way for you to get a quick loan to purchase property. They are used mainly by real estate investors who prefer to buy and flip homes. Hard money loans don’t require the scrutiny of conventional home loans in that your personal credit score and income are not the basis for qualification (although they are a consideration). Instead, it’s about the potential value of the property. While there is a lot of information about hard money loans, it can be confusing to sort out what’s fact or fiction. Here’s the biggest myths about hard and private money loans debunked.
According to Richard Branson, “Luck is what happens when preparation meets opportunity.” In other words, if you’re going to become a successful real estate investor; start preparing now and when you find that perfect house, the mythical creature that is “Luck” will arise.
First Capital Trust Deeds originates agricultural hard money loans for ranchers, farmers, vintners, and cannabis growers throughout California, Oregon, and Washington.
Many real estate investors brand new to using hard money loans want to know, “Does a hard money loan appear on my credit report?” This question comes up a few times each month and I thought it would good to address it in this blog post.
After ten years of steady economic growth and low interest rates, inflation is now beginning to rise in the U.S. Inflation is expected to continue to rise, and it’s vital for real estate investors to understand its effects and how to mitigate it.
Investment property is an excellent way to build personal wealth. The key is, of course, to sell for much more than you purchased and put into it. When you see you can hit that point of cashing in, you’ll need to be ready to take advantage of the opportunity.