For your commercial loans, you can count on M&M Private Lending to provide you the hard money necessary to fund your endeavors when you need it. Having poor credit is not an issue with us and we offer various types of loans to our prospective borrowers. Flipping and rehabbing property is a worthwhile prospect with the potential for significant return … Read More
Fund Your Flipping Project with a Hard Money Lender
If you’re interested in property flipping, you may consider private or hard money lenders. While they may appear similar, there are significant differences between the two. Private lenders assess your eligibility based on your ability to pay, credit, and collateral, just like a traditional mortgage. In contrast, hard money lenders are less concerned with credit, assets, and income. One of … Read More
Learn More About How Our Hard Money Loans Can Help You
There may be numerous hard money lending companies doing business, but not all of them are legit or provide the peace of mind of knowing you’re working with an established company. M&M Private Lending Group, LLC has been in the business for decades and we strictly adhere to all laws on a local and national level. If you’ve been thinking … Read More
How Long Can a Hard Money Loan Be Financed?
Many investors use hard money loans for short term needs, such as acquiring real estate. Typically, hard money loans have a duration of one month to five years, which is significantly shorter than traditional mortgages that can span ten to thirty years. However, traditional mortgages can be difficult to obtain for distressed or vacant properties, prompting investors to turn to … Read More
The NAR Predicts a Positive Residential Forecast
The NAR predicts that as more millennials become homeowners, existing home sales will increase. The chief economist estimates that sales will reach about 5.36 million, the highest in ten years, with an expected growth of 2% in 2017 to an average of 5.46 million, and a further increase to 5.68 million in the following year. The rise in interest rates … Read More
Home Flipping Investors Make a Comeback
Investors are increasingly turning to hard money loans due to the greater difficulty in obtaining traditional loans, and it’s becoming the preferred method for many. While banks have increased their requirements and restrictions, hard money loans offer efficiency and speed, with fees and interest rates that are worth it for investors. Income verification is often a hurdle for investors seeking … Read More
Investors Should Go with Hard Money Loans
Hard money loans have become increasingly popular among investors due to the greater difficulty involved in getting a traditional loan. With its efficiency and speed, hard money loans are becoming the preferred method of getting a loan, even for those who typically finance their properties through a bank loan. Hard money loans sidestep issues with income verification, and you can … Read More
Asian Investors Love Miami, Hard Money Loans.
Global commercial real estate investments by Asian investors may set a record based on the first half of this year. Among the country’s markets that are seeing the greatest amount of benefits, Miami comes in fourth place. Per reports, Asian investors spent over $600 million on Miami real estate, a dramatic rise of more than $30 million when compared to … Read More
Home Prices for U.S. homes Rise in August
Some good news for the housing market is emerging. The prices for U.S. homes managed to see positive gains during August as a greater number of homebuyers found themselves competing for fewer available properties. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index saw a healthy gain of just over five percent in August, following a previous five percent … Read More
Banks May Not Offer the Best Rates
Experts suggest that borrowers may not be receiving the best mortgage rates due to the way banks price loans to attract investors and make a profit. Despite mortgage rates being at record lows, borrowers may not be getting the rates they deserve. Investors seeking alternative lending options can turn to private money lending. At M&M Private Lending Group, we offer … Read More
