0
a hard money loan requires a fairly high up front fee, and has a high interest rate.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is meant be commercial hard money loans?
Commercial hard money loan is a type of private funding for the people who need immediate finance to buy a property or close a land deal. Hard Money Commercial Loans is of great help for the people who are unable to meet the standard banking criteria, but has real estate and or assets that are sufficient to collateralize the loan to the investors/lenders.
What is loan renewal?
a loan renewal is a loan you already have and you need more money so you renew the that loan for more money
Will a millionaire loan money to a person in need?
Yes! If it is for a good cause. Millionare are pretty smart when it comes to money. They know it is not easy to become a millionare. They worked hard to become one. So, basically millionare would not just let go of money to anyone because they need it for some silly reason. But, if it is for the good cause, I am pretty sure that it will not be hard for then to help out. (This is just my opinion)
What is the most significant thing to know about real estate Investing?
How much money do you need to fix and flips houses loan ?
Can you save money using an auto loan calculator before buying a car?
Auto loan calculators are used for determining how much you need to pay for your loans on any automobile that you own. Yes this will help you save money and know how much you will need to save/pay.
You have no money and you need to return your car what to do?
apply for a loan
What type of math do you need to know to be a banker?
You need 2 know hands on math loan math deposit and many many more so study very hard and watch out 4 robbers.
Why Do You Need a Bank?
To loan money, To hold large amounts of money, To gain interest on your money
In what situation might you need to refinance with a home loan?
You may need to refinance your home loan if you need to get money against your home. For example you are in the situation you lose your job and have no money, some people refinance , and borrow against their home in order to get money to live, however it does create a second loan.
Where can one find a same day loan?
If you need vast amount of money immediately, you should get a loan. https://www.speedy-paydayloans.com/ helps you find a loan right away if you need a certain amount of money ASAP.
Is it a good idea to get a payday loan online?
It is probably not a good idea to get a loan from the internet, as you will have to pay back more money then you get. It is a better idea, if you need the money, to get a loan from a bank.
Does a buyer need to know what your payoff is?
Need payoff for a loan
