The general rule of thumb for real estate investors has always been to purchase properties at 65-70% of the After Repaired Value minus construction costs. In Washington, DC this 70% rule worked great when I started ...
What Really Happens When a Hard Money Lender Underwrites Your Maryland Fix and Flip Most investors think getting a hard money loan is just filling out an application and waiting for a check. You submit ...
You found a property that looks like a good deal. The numbers pencil out on paper. The purchase price seems low enough, the renovation estimate seems reasonable, and the ARV makes the spread look profitable. ...
Your contractor just called with bad news. The foundation needs more work than expected. The electrical panel is shot. And that plumbing estimate? Triple it. Suddenly the $50,000 rehab budget you built your deal around ...
Down Payment, Renovation Costs, and Skin in the Game: The Real Cash You Need to Flip a House in Maryland Most first-time flippers think the down payment is the main hurdle. They scrape together 15% ...
How to Build a Deal Package That Gets You Funded in Days, Not Weeks You thought your deal was great. It was a townhouse in Baltimore County, $180,000 purchase price, with an after-repaired value ...
This guide breaks down every component of hard money loan pricing. Points. Interest rates. The critical difference between loan-to-cost and loan-to-value. The fees that show up at closing. By the end, you will know exactly ...
https://www.youtube.com/watch?v=c2gN1HZeOk0 You found a distressed property at a killer price. The seller wants to close in 10 days. A traditional bank would laugh you out of the room. Their appraiser alone needs two ...
Getting declined for a hard money loan feels like a gut punch. You found the deal. Ran the numbers. Maybe even had a contractor lined up. Then the lender said no. After lending on properties ...
https://www.youtube.com/watch?v=2z6vb-jFats You hear these terms thrown around constantly. Private money. Hard money. Bridge loans. Sometimes they seem interchangeable. Other times, someone insists there's a CRITICAL distinction you need to understand before signing anything. ...
Hard Money Bankers, LLC
10015 Old Columbia Rd, Suite H-125 Columbia, MD 21046
800.883.8290 | info@hardmoneybankers.com
All Rights Reserved. Hard Money Bankers, LLC makes commercial, business purpose loans. Loans are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited in certain states. This is not a commitment to lend. All loans are subject to borrower underwriting and credit approval, in Hard Money Bankers sole and absolute discretion.
800.883.8290