"hard money" loans are usually in 2nd but can be in 1st lien position and are the least documented and fastest way to obtain money. Owner or non owner and must have 35% or more equity, income assets are rarely asked for, appraisals($600) are usually waived and closings can be as fast as 7-12 business days. These loans are short term and are not meant to be a long term solution, but they are VERY EFFECTIVE at stopping the bleeding and solving your cash needed problems fast!
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In the past month alone I have closed deals for
- $275,000 @ 8.75% interest only 9 days close!
- $165,000 @ 9.625% interest only 13 days close!
-$470,000 @ 9.75% interest only 11 days close!
All with no appraisal, no income docs, no asset docs!!
Contact me with your scenario!
Now hiring nmls licensed loan agents! Don't lose a deal because you CAN"T do the loan.
-standard A paper, FHA, VA, JUMBO
Contact Carlos D @ 925-250-4894 or firstname.lastname@example.org