We’re back again with Minute Monday #3. This week’s episode, “Using Hard Money for a Fix & Flip Loan” is presented by our Sales Executive, Gunnar. Our Construction / Repair loan program is for investors who not only need funding for the acquisition but the construction costs as well. Also known as a “fix and flip”
You found the deal to move forward with, next step is to seek out a loan to help you finance your new project. The excitement of a new project sets in and you can’t wait to get to the final product, but how do you reassure yourself that you are receiving the appropriate funding to get
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
Hard money loans are a great tool for real estate investors, but the truth about this business is often misconstrued. There are a lot of people out there who hear the terms “hard money loan” or “private lending” and immediately give it a negative connotation. The way they see it, you’re spending a lot of
When you’re trying to find a private lender, it’s important to know exactly what qualities you should look for. Here, we have broken down the top five qualities your private lender should possess in order to ensure that your transaction moves quickly and efficiently. Attentiveness It is very important that your lender is responsive and
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.
