Tag Archives: mortgage brokers

HARD MONEY can be EASY MONEY
for your Real Estate Deals

As a seasoned real estate investor, one does not always have access to unlimited funds in the bank. Actually any savvy investor would not be so smart if they did.  It’s wise to put your money into cash flowing or cash building assets and bank accounts are not cash building.  Therefore, there may be times when even wealthy investors would be smart to use high interest, high-cost hard money to invest in short-term purchases of real estate.

A Hard Money Loan may also be referred to using the acronym HML.

One of my most popular sayings in real estate investing … Read the rest

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Avoid Foreclosure: Option 2- Refinancing

Option 2. REFINANCING

Definition: Paying off an existing loan with the proceeds from a new loan, usually of the same size, and using the same property as collateral.

I don’t believe that refinancing your home is always in your best interest. Sometimes, once your financial situation is examined in both the short and long term it may be the worst thing you could do at this particular time. However, sometimes, refinancing your home is the best move you can make providing you have the income to support the new payment. This option is only available to you if your … Read the rest

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