Thats because hard money loans have specific advantages that make them perfect for real estate investing deals. First of all, if your credit score is low or if you lack your own capital to get into a deal, Maryland hard money loans might be the only kind of loan that can make it happen for you. True hard money loans are equity-based loans.
Maryland Hard Money Lending Highlights. Fix & Flip loans available. 65% Loan to Value based off of the After Repair Value; Rehab budget cannot exceed the purchase price.
“With a brand-new home, you can get it exactly the way you want it,” says Anthony Wilder of Anthony Wilder Design/Build Inc., based in Cabin John, Maryland. for construction costs that are.
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Hard money lenders utilize a different approach by lending funds based on collateral and therefore, the lender places less emphasis on credit history. hard money loans are not for everyone, but there are several situations where these loans make sense.
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We Offer Real Estate Investment and Commercial Loans in Maryland & the Mid-Atlantic When you need hard money lending for a fast real estate transaction, Trius Lending Partners meets the needs of investors, small business owners and contractors.
Unlike hard money lenders, we are reliable private lenders who offer fast approval and loan closings as quickly as 3 days. minimal cash down plus no interest payments first 6 months.
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