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A hard money lender provides a short term loan with a high interest rate and fees. Further a hard money lender will only lend if in an equity position.
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Is it illegal to ask for money up front for a business lender?
With a business lender you can ask for your money upfront because they are in the business of lending money. You will need to make sure the terms of the loan are clear.
What is objective in business?
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
How can you find a good hard money lender in Los Angeles California?
Hard_money_lenders_Los_Angeles_California!">Hard money lenders Los Angeles California!Finding a direct hard money lender in Los Angeles California is not easy these days. Most of the hard money sources you will find out there are mortgage brokers and other real estate professionals that will charge you higher interest rates and higher points in order to connect you with investors they know.If you are at the point you need hard money loan in Los Angeles CA, then search for a direct hard money lender and make sure it is not a broker.The way you will recognize a direct hard money lender is by asking questions like:1. How much points you charge?2. What is your interest rates?3. Are you a direct hard money lender?4. How long it will take you to fund my deal?5. You draw your own loan docs?By asking question you will know instantly if the person on the phone is a direct source or just a middle person that is trying to earn some money.Hard money lenders in Los Angeles California can help you with properties in Los Angeles county, Ventura county, Orange county, Riverside County, San Bernardino county, South Bay county, etc.Some hard money lenders from California will help you with properties in northern California, but they will probably look for specific type of real estate(probably more commercial with income).If you need lower Interest rates, Lower point and fees from a direct hard money Lender in Los Angeles California then you should contact us and we will help you, even if you have bad credit and low income.www.hardmoneyloans.org
How much money did mac cosmetics make in profits in 2011?
about 12.3 billion
How does a lender use a credit card?
A lender can use a credit card in various different ways. They lender can issue the credit card and make money from the interest. The lender can also take credit card payments from the borrower.
What is the purpous of more retail stores?
to make money and to try to get profits from the "ignorant" shoppers
What do banks with some of the profits they make by loaning out the money?
pay interest on savings accounts
What is the function of credit?
It allows you to buy things with future money (money you haven't got yet), AND it allows the lender to make money from your impatience. (a LOT of money).
When Should I Use a Hard Money Lender?
If you are looking for a way to save money, a hard money lender is probably not the way to go. If you need a way to get quick money for emergencies, such as to save your house from foreclosure, a hard money lender may be exactly what a homeowner needs to remain in his home.Hard money lenders provide a certain amount of collateral that is typically backed by the equity a person has built up in his home. The amount a person can borrow in this way is limited, and there are other undesirable aspects of the loan as well.The biggest problem a person may have with a hard money lender is that the interest rates are much higher than the prime lending rate and slightly higher than the rates that exist in the subprime mortgage lending market. Because hard money lenders deal with the types of loans that banks and even bad credit money lenders will not touch, they must find some way to make a profit and regain the amount they loaned the individual.The hardest part of getting a hard money loan is finding a lender willing to hand out this type of loan. America is not blessed with a large supply of this type of lender, although bank loan officer may be able to help a person find a hard money lender that can meet his needs.A person who wants to save as much money any way he possibly can wants to find some other way to find emergency funds. Selling assets such as stocks, bonds, or even unwanted real estate may provide a person with the extra funds he needs. Even getting a subprime refinance mortgage loan will save a person money in a long run. Sometimes, a no-cash out refinance may be exactly what a person in this situation needs. Just remember that there are limits on the second type of loan as well.�
Who is the lien holder of your car?
The lender who loaned you the money to purchase the car and to whom you make the payments.
How much money will mayweather make against marquez?
10 million and a percentage of the ppv profits
Six reasons for establishing a business?
to make money to be there own boss to gain all the profits
