Hard Money Lending Texas

Problem: Wanting to step into real estate investment? Not a cash-rich investor?

Solution: Contact hard money lenders for real estate investment loans and realize your investment dreams.

Before searching for a property, it is essential to understand who these lenders are. Hard money lenders are private money lenders, who utilize their own money in other short-term investment opportunities.  They often invest in projects that require quick money and do not qualify for traditional loans. If you are a real estate investor hunting for such hard money lenders, here’s how you can find them.

The hunt is on…

Find them at…

Investment Clubs: Real estate investors often get together and create Investment Clubs. The objective is to keep up with the market trends and also network with other investors. As these clubs are a hub for more than one investor, hard money lenders contact them in a bid to get themselves recognized in a group of investors. Even if hard money lenders are not present in the group, you can definitely get a variety of leads from other investors. Add to it the advantage of getting into a network of other investors. Double benefit indeed!

Small Business Bankers: You can reach hard money lenders through small business bankers. As these bankers are also a part of the lending industry, they are well acquainted with hard money lenders as well. As bankers do not fund such projects, the small business bankers will recommend you to the appropriate lender. Similarly, the hard money lenders return the favor by leading other borrowers to the small business bankers for diverse needs. These ties help both of them build a wider customer base.

Online Searches: Unlike banks, you do not see storefronts or free standing businesses who identify themselves as a hard money lender.   The internet is great resource for hunting these hard money lenders. Most of them have their own websites and you can find them through the online searches.

Retirement Funds: People holding an ROTH IRA account or similar accounts are eligible to act as hard money lenders. They can use the funds from their self-directed accounts for real estate investment. You can use the money from these account holders; provided you promise a high rate of return of investment. Ensure that you follow the rules laid down by the IRS on these retirement accounts. Also, ensure that the account holder does not lose out on any tax benefits.

Hard money lenders provide real estate investment loans to investors who do not qualify for loans from traditional lenders or banks. The primary objective of hard money lenders is to provide loans for investors interested in real estate investment. 

The biggest advantage of hard money loans is timely availability of finance. Foreclosure investment is a very popular form of investment at this present time. However, all properties are not promising. The rush is heavy for the promising properties and these properties are mostly sold on cash on sale basis. The ones who have the available cash first get the property. Hard money lenders understand the value of time and process a the loan quickly; even within 24 hours!

Hard money is indeed the the best choice for real estate investors!

Being a real estate investor from the past 20 years, I realize the importance of real estate investment loans to thrive and succeed in this field. When the recession hit in 2008, all my investor friends shifted to foreclosure investing. I followed suit. However, I could not boast of a thriving bank balance to invest. In order to invest, I would need a bank loan.

However, unlike regular real estate investments, banks and conventional lenders were not keen on providing loans for foreclosure investing. They did not want to further burden themselves with unpaid loans and foreclosures. I was disappointed when all doors seemed closed. Then, my friends introduced me to Sherman Bridge Lending, the hard money lender. I approached one of the loan officers at the office and was floored by his friendly response. The property in question was available for $80,000 and its ARV (After repair value) was estimated at $120,000. The repairs cost was estimated at $15,000. Therefore, I needed a total loan amount of $95,000.

The loan officer mapped out the loan and sanctioned a loan of 75% of the ARV, equivalent to $90,000. With this loan amount I needed a personal investment amount of only $5,000. They processed my loan within 24 hours and I was investing in real estate once again. I repaid the amount, along with the interest and other charges from the sale proceeds of the rehabilitated property. I was still left with an attractive profit.

Thanks to Sherman Bridge Lending, for regaining my title of a real estate investor once again.

In real estate investment, “Cash is King”. However, it is also true that the biggest catch in real estate is CASH. Especially, in foreclosure investing, finance is even more challenging as traditional banks and lenders have taken  a step back in regards to providing loans. Hard money lenders , such as  Sherman Bridge Lending are  your ideal partners and support for all foreclosure investing opportunities.

Sherman Bridge Lending works with the motto of enabling real estate investors, who hesitate on investing.  They aid new and seasoned investors realize their investment dreams. Sherman Bridge Lending is their true cash alternative. They provide loans to investors when traditional banks and lenders close their doors. Foreclosure investing is a hot market at the moment. Sherman Bridge lending understands that the only way to cash in on this opportunity is timely availability of finance. It processes and sanctions your loan within a span of 10 days. Well, if the requirement is early, then they can   process  the loan even faster, sometimes within 24 hours.

Thanks to its excellent services, Sherman Bridge Lending boasts of a massive client base of happy investors.

Choose Sherman Bridge Lending for

•    The lowest rates in the industry
•    Fast processing for you and
•    The availability of experienced experts at your service

Sherman Bridge Lending provides you with loans without any credit check. Get your pre-qualification in 30 seconds and pre-approval in 30 minutes! Contact Sherman Bridge now for your real estate investment loans!

Expert real estate investors assert that real estate investment rests on loans. It is impossible for investors to invest from their personal income or savings, each time they buy a property. Real estate investment loans are essential for real estate investors.

However, with foreclosure investing, real estate investment loans are really tricky. In the  case of foreclosure investing, the banks or lenders selling the property do not provide mortgage loans on the same, unlike regular real estate. They do not want to be further burdened with foreclosures and unpaid loans.

Investors must be cash-rich or resort to other forms of finance. Here, the best alternative is hard money loans, otherwise known as bridge loans or private money. One of the best hard money lenders is Sherman Bridge Lending. Sherman Bridge Lending has great experience and expertise. This is the reason why they have the capability to provide a variety of loans based on the investor’s requirements and expectations. Their loan officer’s and highly knowledgeable and serve clients efficiently; thanks to their in-depth training. Additionally, the loan repayment schedules are flexible. They are laid out on the basis of the client’s expectations, needs and limitations.

The good news is that Sherman Bridge Lending understands that availability of finance can make or break a deal in foreclosure investing. Thus, the loan processing time is short. Loans are processed in a span of a week; sometimes even as short a time frame as  48 hours.

The motto at Sherman Bridge Lending is that no investor should lose an opportunity for lack of finance.

Like many others, even I was attracted to foreclosed property investment for earning short term profits. However, I did not have capital to invest in purchasing the properties. The property I was interested in came with a price tag of $ 85,000. I went to the bank for loan. Due to the fact that they themselves have a huge asset of foreclosed properties and liabilities of unpaid loans, they refused to grant me a loan for a foreclosed property investment. It is then that my real estate wholesaler led me to Sherman Bridge Lending to fulfil my requirement of a bridge loan in Texas.

Indeed, my experience with Sherman Bridge Lending was extremely satisfactory. Their representative went with me to assess the property. He gave me an estimate of $ 15,000 for repairs, however the after repair value was estimated at $115,000 based on the market research. After the inspections and estimates were undertaken, the loan amount sanctioned to me was $ 80,500. I was surprised to see that my loan was processed in only 4 days. On the fifth day, I was the proud owner of a foreclosed property by shelling only $ 4,500 from my pocket.

The repairs were done within 3 months and the costs worked out to $ 14,500. My property sold for a whopping $130,000.  I repaid the original loan amount of $ 80,500 coupled with $1500 in interest. My final profit after all the expenses was $ 29,000 in 3 months. Amazing indeed!

But, this could not be possible without the invaluable assistance of Sherman Bridge Lending.

The firm will offer free consultations to you, with no obligations to use Sherman Bridge as your mortgage lender whatsoever! So keep in mind that there’s more to Sherman Bridge Lending than the usual private money loans that Texas lenders have to offer!

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