Drawbacks of 100% Financing If you are planning on borrowing funds for your first (or next) flip, you have an important decision to make – will you use 100% financing or invest your own money into the project? 100% financing has a nice ring to it, but the reality is that these loans have major
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 it comes to searching for a hard money loan, you have two options: 1) you could go with a national lender with headquarters located in various areas across the nation, or 2) you could opt for a local lender based in your area. Do you know which option you would best benefit from? We
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.