Hard Money Lenders – What you need to know

Residential hard money loans may be lethal weapons in the hands of an inexperienced real estate investor. It is great to know that we no longer have to be at the mercy of the traditional mortgage companies and credit unions in order to invest in a house. But hard money is NOT always the best answer for making real estate investments.

Regardless of your financial situation you can take advantage of something called a business line of credit.

The Property is not the One in Charge with business credit.

When you are dealing with residential hard money loans the value of the property is of primary importance. The property determines if you can get hard money. But with business credit you are free to make any kind of deal you want and get good terms without the rigors of hard money qualifications.

This is in sharp contrast to conventional lending institutions such as mortgage companies that base their lending decisions on items such as a person’s credit score, yearly income, and other factors which revolve primarily around the borrower.

With simple business lines of credit you have an excellent shot of financing your property quickly and effectively through the use of nothing more than a business name that is registered with your state.

The Money is not free.

Normal interest rates will be charged on business credit but no points of application fees are needed unlike hard money loans.

Let’s face it, the lenders who will lend you money based on the value of your property need to also make money. Residential hard money lenders earn high income by charging borrowers a substantial interest rate. They are the loan sharks of the real estate world.

It is not unheard of for hard money lenders to charge as much as 15 percent for notes of this type.

While residential real estate is a great investment opportunity in today’s buyers market and with the continued population growth
hard money loans are expensive compared to business lines of credit. Real estate can easily be purchased using business credit which is tax deductible when the interest costs are part of a business investment.

What exactly is hard money? It’s a real estate loan you get from a non-traditional lender secured by a piece of real estate and not by you. People incorrectly believe that hard money loans are easier to get and cheaper than other kinds of loans. Hard money interest rates range from 17% to 29%.

But just finding a hard money lender can be a daunting experience. There is another much easier way to get the cash you need. Not just for real estate investing but for any purpose! Look down to the end of this page for full details on this alternative method.

Hard money lenders also charge “points.” (One point is 1% of the loan amount usually financed into the deal), which can range from $1,000 to $5,000 on top of what you have to pay as interest. Hard money lenders make a killing off people that don’t know about alternative sources of funding for people with bad credit.

Does hard money sound like a good deal to you?

• Hard money is expensive.
• Hard money is harder to get than you think.
• Hard money is not legal in some cases.
• Hard money is a lose win deal in most cases.
• Hard money takes a long time and has plenty of paperwork required.
• Hard money is just BAD.

So, why would you want to use a hard money lender?

I have created a better alternative to the hard money sources most people turn to just because they don’t know other places to get money.

I’m Thomas Kish the CEO and Founder of CashFlowExperts.Biz Inc.

I’m an author, teacher, business consultant and an active investor operating 25 diverse businesses. Today I’m recognized across the country as a national expert in the field of business credit. I’ve shared the stage with many well known wealth building experts and I’m regularly asked to speak at Real Estate Investor Association meeting and Business Expo’s on the subject of building business credit.

Today, I feel blessed to have successfully cracked the code and learned how to use business lines of credit instead of cash to invest in real estate and many other diverse businesses.

And now I’m able to teach thousands of people all over the world how to get millions of dollars in new

business credit.

The advantage of using business credit instead of hard money is that hard money lenders will only loan you up to 65% of the after-repaired value of the property. But my business credit lending sources will give you 100% of the money to buy a property and do anything you want to it.

Because my lenders are not concerned about the property you are buying, only about your business.

And my program is easier to work with than many banks. I can show you how to set up a brand new business name and get money immediately even if you personally have bad credit.

Remember that business lines of credit have a much lower interest rate than hard money and they don’t have any expensive back end points.

I’ve personally invested in and repaired lots of properties and flipped them for big profits using this exact same method that I can show you. I even keep the properties with great long term cash flow!

Go to the end of this page and request my proven business credit funding information right away.

The Trademarked system I created makes it easy for you to:

• Separate your personal credit from your business credit.
• Repair any damage you have inadvertently done to your personal credit by operating your business under your personal name.
• Create a true business identity that can get more credit than you can.
• Protect your personal assets from loss.
• Invite outside investors and silent cash partners into your business.
• And go get the money you need from my proven sources of business funding.

The key to my system is to learn to only use money or take action in the name of a business so that you can keep debts and investments off your personal credit report. When you separate the money your business is borrowing from your personal funds, you are guaranteeing that you will maintain good personal credit and build a strong business identity.

You will learn that businesses that follow these rules have almost unlimited borrowing power. Because a business does not have the same limit’s that a person does.

The people that use our system to create a separate business identity are well respected in the community as the business owners and enjoy almost no limit on how much business credit they can get at rates that are much lower than a personal loan. They are protected against personal liability that might arise from business actions that they have no control over. And they get personal income tax savings that would never be possible without business depreciation and deductions like the business use of a car, cell phones, insurance costs, travel, business meals, entertainment of clients and the potential credit for the use of a home office.

For more information regarding our system and hard money, call our office at (612) 251-9830