When you decide to invest in a property, it’s extremely important that you have a solid, fool-proof scope in mind before you move forward. Private lenders will need to review your scope of work, proposed draw schedule, among other important factors, such as the estimated after repair value (ARV). Asset based lenders focus on the numbers
Real estate investors are drawn toward hard money loans for one main reason: a fast close. The faster you can close on your loan, the better your chances are of beating out your competition and getting the property you want. It’s pretty common knowledge that private lenders will close a loan faster, but do you
Real estate investors tend to have a few different options when it comes to financing a project, so why is a hard money loan the best option? Here is a snapshot of the benefits you’ll receive when you work with a hard money lender over a traditional bank loan. Fast closings Since hard money lenders give
One of the most popular questions we get is “Why hard money lending?” There are several ways to get loans, so what makes hard money lending the best option? Why not just go through my bank or have a friend loan the money? In this post, we’ll break down that question to help you determine
We have the experience and team ready to be your partner. Contact us today and learn why real estate investors choose to work with WCP for all of their funding needs.
