If you already have the capital to fund your investment property dream, you’re far ahead of the game. Most investors, however, rely upon the assistance of alternative financing to make their investment dreams come true.
While traditional lenders can be helpful, the required time to process loan applications and approvals often means the investment opportunity has long passed when the loan is finally approved or denied.
That’s just one reason why many investors turn to private sources for the capital needed to seal the deal.
In this issue, PB Financial Group – leading hard money lenders in San Francisco – will discuss various scenarios when a hard money loan is the best option.
If you have your eye on an investment property and don’t want to let the opportunity slip away, we strongly encourage you to leverage the expertise of a hard money lender who can provide you with the funds you need as well as the expertise to make your investment a success.
When a Hard Money Lender Makes the Most Sense
- You need the money now.
The ability to make a cash offer can be the difference in convincing a seller to accept your offer. If you want to fund the entire project immediately or have the ability to increase your down payment, hardly anything speaks louder than readily available cash.
- Your credit is a hindrance.
If your credit score is below average, traditional lenders like banks are a less likely solution for you. In fact, in most instances involving bad credit, banks will simply pass – no matter how attractive the investment opportunity is.
Hard money lenders, however, place much more emphasis on the investment opportunity itself as the main indicator to provide the funds needed.
Furthermore, unlike banks and other traditional lenders, you’re not left to fend for yourself when you partner with a reputable hard money lender.
For Answers to All of Your Hard Money Loans, call PB Financial Group Today
If you have your eye on an investment property and don’t want to let the opportunity slip away, we strongly encourage you to leverage the expertise of a hard money lender in San Francisco who can provide you with the funds needed as well as the expertise to make your investment a success.
PB Financial NMLS #357614/CalBre #01522495