Hard Money Lending Texas

I am a real estate investor in this business for the last twenty years. However, up until now I have been working with regular real estate properties. With the increase in foreclosed and distressed properties in America, I decided to try my hands in the foreclosed property investment market.

My experience helped me to find a prospective property in Texas.  I was short of finance; I approached the conventional financiers for a loan. However, I was very disappointed when they refused to fund me for a foreclosed property investment. That’s when i decided to try Private money loans, otherwise known as hard money or bridge money. The interest rate of private money loans in Texas is really high, when compared to the usual bank rate. But, the property was promising and I did not want to lose the golden opportunity.

I chose Sherman Bridge Lending as my private money lender. They directed me to one of their knowledgeable and expert representatives, who first understood my financial situation. He then laid out my loan amount in tandem with my financial goals. My loan amount was enough to purchase the shortlisted property. Without any delay, the representative conducted the appraisal and undertook the required inspection of the property. My loan was processed in just a week!

I began the work immediately and I am very pleased with the outcome and investment process. . Sherman Bridge Lending has been my financer and best friend for all my foreclosed property investments. When compared to their services, the interest rate does not pinch anymore.