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What Does REO Bank Owned Mean

11.17.16

Have you ever wondered how a piece of real estate becomes an REO Bank Owned property and what exactly this designation means? Real estate investing guides and gurus often advise newcomer real estate investors that buying REO property will allow them to buy below market value. While this may be true in some instances, REO properties also have certain risks that other types of real estate do not have. Understanding how property is designated as REO bank-owned, how it is processed, and the basics of buying it is useful for anyone interested in real estate investing.

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Finding Quick Commercial Real Estate Financing Solutions

10.05.16

Conventional commercial lenders want their loans to conform to specific and often stringent lending parameters. For outside-the-box loan requests, commercial hard money lenders may be able to help you obtain the financing you need. Hard money lenders offer more flexibility and faster loan processing that traditional lenders.

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How To Apply For A Hard Money Loan

10.05.16

To apply for a hard money loan, first, identify the right lender. Then identify the collateral you want to use as security. An appraisal will be ordered by the lender. The application process for an asset-based hard money loan is simple and doesn't involve prolonged review periods.

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Hard Money Broker Partner With Lender

10.01.16

Best practices for Hard Money Brokers partnering with Lenders. With the resurgent economy, many investment opportunities are arising and savvy investors are looking to profit. Commercial hard money lenders, like Riverdale Funding, offers alternative lending solutions to investors. Riverdale Funding welcomes partnerships with mortgage brokers.

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Financing Commercial Properties With Hard Money Loans

09.29.16

For some deals, commercial hard money loans are an appropriate way to get the deal underway. Private money loans are more lenient in the kind of requirements that you normally associate with real estate financing. The collateral is the property. If you are making a purchase of a distressed property that has an inherent value, a hard money loan may be feasible while a more traditional mortgage loan may not be.

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Determining Real Estate Asset Value

09.21.16

Commercial hard money lenders like Riverdale Funding, LLC do not base loan decisions on financial statements or credit scores.  Instead, we base our decision to lend on the value of your commercial real estate.  We don’t believe a less-than-perfect loan application package should stand in the way of business, and we don’t hold your past against you.

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Commercial Hard Money Lender in New York City | Riverdale Funding

08.31.16

When you are looking to expand your commercial real estate investments, sometimes a traditional bank loan is not an available option. Perhaps a recent economic bump in the road had made your credit look less than wonderful. Regardless of what your credit history might be you should consider a commercial hard money loan.

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Using Bridge Loans for REO Financing

08.12.15

There are financial opportunities that seem too good to pass up. Unfortunately, many aren’t taken advantage of because you might not have the credit needed. Real Estate Owned (REO) is one of these opportunities. An REO property is one that is owned by a lender after the failure of a foreclosure attempt.

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