Lunch & Learn M&M Private Lending

M&M Private Lending Group President, Michael Internoscia and property appraiser Marty Kiar give an updated introduction to hard money, investment property taxes and other insights.

What is a hard money loan? (…)

Who Private Money Lenders are Right for? fix-and-flippers / short-term and long-term investors / buy-and-hold investors / long-term investors / foreign buyers (…)

How long does it take to close a loan? (…)

What information do you need for an approval and term sheet? (…)

What documents are required? (…)

Is credit or credit scores relevant? (…)

Can an existing appraisal being used? (…)

How does Proof of Funds POF applies? (…)

Can we use our own title/closing agent? (…)

How does communication with the borrower work to close the loan? (…)

What are the steps to close a loan once we get a term sheet? (…)