Did you know that only 20% of American consumers have credit scores of 800 and above? Different institutions categorize credit scores based on their own factors, but a score range above 630 is typically considered good. The higher your credit score, the higher the chances of gaining access to loans with the best rates. What if you […]
Why You Should Consider a Business Loan Even if You Have Bad Credit
Today, the average American has $90,460 in debt. Being in debt can impact your credit score, and once it’s low, it can be difficult to raise it again. While you might feel like opening or maintaining a business is a pipe dream, that isn’t necessarily the case. The good news is that you can obtain a […]
Hard Money Lending: What Real Estate Investors Need to Know
Hard money loans may only account for 1% of residential real estate loans, but the industry is growing. In fact, the residential hard money market is worth about $10 billion. If you’re a real estate investor looking for some funding, keep reading to learn more about hard money lending. You may find that it’s the best […]
The Pros and Cons of Hard Money Lenders
Did you know that 108 million Americans do not have a credit score? Unfortunately, this makes up about 16% of the United States population. If you are in this demographic, accessing a house or car loan can be impossible. However, this shouldn’t deter you from investing in real estate. Moreover, you will struggle to compete […]
Hard Money Loans for Real Estate: How It Works
The average profit real estate investors made in 2021 from flipping homes was $63,500. Would you like to make this kind of money from one project? Flipping homes can result in large profits. In some cases you can even have the money quickly, but flipping homes requires financing. One financing option is through hard money loans for […]