Resources
Learn more about hard money lending and real estate investing. See how we can help finance your next real estate investment.
Is Getting a Real Estate License Worth It?
Let’s first deal with some of the Pros Pro – If you have your license you can earn some commission money on the way in and thereby infuse money into your project. Absolutely true. Pro – You can leverage a better sale price by waiving your commission on the way in. Again, absolutely true. Pro – You can find deals through your real estate license activity. In order to find deals you need to run a real estate agent business
Do’s and don’ts of choosing a hard money lender
So clearly your cost for cash is important. You would be foolish to award your business to a lender with higher than typical interest rates and origination points, but because hard money is short term, pricing shouldn’t be your primary motivation. Your primary concern should always be to get to closing; and, to get to closing as expediently as possible. A denied loan in the eleventh hour leads to bad relationships, potentially lost deposit, and potentially lost revenue. Same results