How to Tell if a Hard Money Lender is Legit

How to Tell if a Hard Money Lender is Legit

Hard money lenders can be an excellent source of capital for real estate investors, but it’s important to know how to tell if they’re legit. Claims like “we’ll lend on anything” or “we don’t require a down payment ” are...
Hard Money Loan Documents – Close Faster

Hard Money Loan Documents – Close Faster

In this week’s Minute Monday, Sales Associate, Joska Gal will take you through the hard money loan documents you should have prepared to make closing fast and easy. Information and Documents Needed: Signed Term Sheet Commitment Fee Payment Our commitment fee...
Are All Hard Money Lenders Predatory Lenders?

Are All Hard Money Lenders Predatory Lenders?

Welcome back for Minute Monday #7. Jared Fausnaught, Director of Sales, is back again to discuss one of the biggest myths surrounding hard money lending. Myth: Hard Money Lending IS Predatory Lending. This myth suggests that a hard money lender like WCP will lend to a...
Hard Money Lending Metrics

Hard Money Lending Metrics

This week Kevin breaks down an example deal and explains some of the hard money loan metrics he uses to analyze them. Example: There’s a property for sale for $250,000 and it needs $50,000 in repair. The estimated ARV as presented by the investor is $400,000....