Are you seeking a quick, hassle-free loan to secure vacant land in Jupiter, Florida? Look no further! Paul Diaz, a highly experienced and licensed private lending mortgage professional, is here to help you every step of the way. He can assist you in securing a generous loan amount of $350,000 or 50% loan-to-value (LTV) for refinancing property. Finding the perfect … Read More
Effective Networking Hard Money Lenders
To grow your net worth, building relationships with colleagues and like-minded individuals is crucial. However, if you’re not naturally social, it can be challenging to break the ice. Here are some tips to help: Arrive early to events to get comfortable and avoid walking into an already-formed group. Approach strangers and engage with them politely. Identify someone who seems approachable … Read More
Are You Familiar with the New FinCEN Laws?
Last week, the federal government rolled out its tracking of secretive cash deals involving high-end Miami real estate. Understandably, this new development is causing many in the Miami real estate market to wonder how it may affect them. FinCEN has launched new regulations that require title insurance companies to disclose buyers’ names behind anonymous companies paying cash for properties costing … Read More
Considering a Fix and Flip? Choose a Hard Money Lender
Are you eyeing a property to potentially fix and flip or rent out? If that is the case, you likely understand well what repairs may be necessary. Have you given sufficient thought to how you’re going to fund it all? A hard money lender is one of your best bets, and here’s why. To start, obtaining financing within a reasonable … Read More
Thin Credit? Consider Alternative Lending
To purchase a home conventionally, you need good credit. However, if you prefer paying in cash, it may lead to “thin credit” issues. Traditional mortgage lenders check income, credit, and assets to determine eligibility, leaving millions of people with old or insufficient credit data, known as “credit invisible” or “thin credit.” Alternative or private lending services are a good option … Read More
Floridians Believe It’s the Right Time to Buy a Home
A recent survey by the University of Florida found that just over fifty percent of Floridians believe it’s worth buying a home, despite the record low homeownership rates. Less than twenty percent felt it was not a good time, while the rest were unsure. Florida’s homeownership rate remains higher than the national rate. Those in favor of buying a home … Read More
FAMP Broward Chapter’s Annual Trade Show
Closing deals can be tough and may have unexpected issues. At M&M Private Lending Group, LLC, our experienced team takes pride in successfully closing deals and can help you become a better mortgage professional. Join us at the FAMP Broward Chapter’s 2017 Annual Trade Show on March 2nd, from 4:00 pm to 8:00 pm at the Bonaventure Hotel & Conference … Read More
Should You Consider a Multifamily Bridge Loan?
Let’s say you find a really nice multifamily property which practically guarantees a significant return on investment. But, you’re unable to obtain the necessary funds to meet the seller’s timeframe for ownership transfer. For various reasons, you’re also faced with a situation where financing options are unavailable to you. Investors who are unfamiliar with alternative financing may miss out on … Read More
More Renters Equals Greater Rental Development Prospects
Looking for a profitable opportunity in the real estate market? Rent for apartments has risen over 15% in the past five years, leading to a high demand for housing. Developers are racing to meet this demand, with over 300,000 apartment projects in the works for release this year. Millennials, with a median age of 32 and a significant share of … Read More
Use Hard Money Loans for Real Estate Investments
Hey, if you’re planning on flipping properties this year for some extra cash, consider getting help from an investment property lender. They’ll provide the funds you need to succeed, plus added security and an edge. Unlike traditional mortgage loans, hard money loans are based on the value of the property versus creditworthiness. We focus your loan on the property you … Read More
