Does Your Property Qualify For A Commercial Hard Money Loan?

10.05.16

In order to qualify for a hard money loan, your property needs to have value and equity. 3 ways to evaluate the worth of your property. The first step is to check the market value of your property. Properties located in better locations have a better chance of receiving financing. Last, clear property title is necessary to offer a hard money loan.

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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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Bridge Loans Help Those With Bad Credit

10.01.16

Bridge Loans Help Those with Bad Credit. Managing finances is not something that comes easy for everyone and sometimes a few mistakes are made along the way resulting in bad credit. Bridge Loans are a good option for those who have struggled with bad credit because the loan is backed by the value ofthe property rather than credit worthiness.

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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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Hard Money Loans vs a Bank Loan. What's the Difference?

09.28.16

By outlining the basic lending practices of banks and hard money lenders, it will be easier for a borrower to undestand their differences. Commercial hard money lenders offer short term loans that require less paperwork. Hard Money lenders use your real property as collateral for their loan.

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Top 5 Advantages of Getting a Commercial Hard Money Loan

09.23.16

The commercial real estate industry has a variety of property types and even more variations of borrowers who own or are looking to own them.

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What is the Difference between Hard Money and Soft Money?

09.21.16

You will come across the terms “hard” and “soft” (conventional) in your quest for a loan for investment purposes. You need to understand the difference between hard and soft money for you to make the right decision. We explore the differences between hard money vs. soft money and how to apply for the right loan for you.

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How to Understand Profit Margins on a Fix & Flip When Using a Bridge Loan

09.21.16

For the better part of the past decade, the real estate market has been energized by investors looking to capitalize on fixing and flipping real estate, which are undervalued and may be a proverbial diamond-in-the-rough.

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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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How to Get a Commercial Real Estate Loan with Bad Credit

09.19.16

Is your credit score low? Or maybe your financial history, on paper, is not as strong as you would want it to be? These two factors are telling but they certainly do not tell the entire story of you as borrower.

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