Hard Money Lending Texas

When the bank refused to provide a loan for  a  foreclosure property investment, Michael was extremely disappointed. This was his golden opportunity to begin a new venture. He had read about foreclosure investing and how investors made quick profits by flipping such properties.Michael had even attended several seminars in his community aimed at recruiting new foreclosure investors who had the stanima needed to meet the challenges faced on an investment flip.   Mike felt he was definitley made for such a careet and was excited to embark on such an adventure.  Hard money lenders, which provided loans when banks said “No” were highly recommended at all of the seminars. However, their higher interest rates made him think twice about it. 

Real estate investment loans for foreclosure investing seemed like a dream. Then, his friend John introduced him to Sherman Bridge Lending, a hard money lender. On John’s suggestion, Michael decided to approach one of  their loan officers. Their first meeting went very well actually. The loan officer discussed all the  details about his finances, investment goals and expectations. Then, he laid out a plan and the loan amount in tandem with Michael’s  financial requirements and limitations.  The deal was set.  Michael began his investment journey. He diligently searched for  for a property matching his loan amount.

Thanks to Sherman Bridge Lending, Michael could obtain his dream of being considered part of the elite real estate investors. It did not take long before he was knee deep in the repairs and rehab work necessary to transform a property and attract potential buyers willing to pay for his craftsmanship and guidance of professional contractors.  He sold the property after it was transformed into a place called “home” for a "nice" profit.

The best part about Sherman Bridge Lending is that the loan officer did everything to ensure that Michael realized his ambitions. He assisted  and educated him every step of the way. What’s more, the loan was secured quickly. This gave him the opportunity he needed to  purchase the property without financial obstruction.

Michael gas reached his dream of becoming a real estate investor.  He is no longer scared off by  their higher interest rates. He proudly asserts, “Their services are worth the interest paid”.

Owning a house is a universal dream. People save all their lives to reside in their own home. But, it may be challenging to shell out a huge amount and purchase a home. What’s more, with the financial meltdown that hit the economy within the last 5 to 7 years,  purchasing a home has become even more challenging.

The good news is that with Sherman ridge Lending, your power to purchase  a home does not require a huge bank balance . Sherman Bridge Lending is one of the best private money lenders in Texas. They provide a variety of loans including hard money loans, mortgage loans, purchase loans and many more.

Your own property

If you want to purchase your own property, but do not have a strong bank balance, Sherman Bridge Lending offers you a loan to fulfill your dream. You can take a loan for the purchase; the repayment of which can be spread over a span of 20-25 years. As the repayment is through EMI, it will not add any pressure to your pocket. You simply have to pay a nominal rate of interest for the period of the loan. You can buy your dream home easily.

Another advantage of mortgage loans is the interest deduction, which is one of the biggest tax deductions in the US mortgage market. Tax deductions help reduce the amount of money you will pay when you file your taxes jointly or an individual status.. Please be advised  that this tax benefit is not applicable if you own multiple properties. In case of more than one property, you need to classify them as first, second and so forth. It is wise to seek the council of a professional tax accountant who will help you file a 1044 long form and ensure you get all the deductions available.

But, for your home, nothing could be better than a loan from Sherman Bridge Lending.

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.

Sherman Bridge Lending is one of the best hard money lenders in Texas. When traditional lenders and bankers fail to provide loans for foreclosure investing, Sherman Bridge Lending comes to the rescue. If you are a real estate investor, wishing to cash in on the opportunity of investing in foreclosures and are not a cash-rich investor, then your destination is Sherman Bridge Lending.

Sherman Bridge Lending provides private money loans at reasonable rates of interest. The loan officers here are highly knowledgeable and are ready to serve the customers beyond their personal interests. They can efficiently deliver to all their clients; thanks to the variety of loans on offer. You are bound to get one matching your needs, expectations and goals. The loan officer’s attend personally to the unique needs of investors and chalk out the loan amount and repayment best suited to their requirements.

Other loans

Apart from private money loans, Sherman Bridge Lending also provides:

•    Purchase Loans:   Thi refers to buyers who pre qualify for home loans.  The bank decides how much they will lend this buyer.  The individual then works with a real estate broker to show them houses in their price range.   The home owner is assured that the agents clients are serious buyers and if the property is appealing and meets their needs there is a good chance of a quick offer, and sale.  Because all the details of the loan have already been worked out and have been approved the sale of the house can go through quickly.

•    Refinancing loans: Home owners often opt for refinancing loans in a bid to obtain  better interest rates and terms from the new lender. You are bound to be satisfied by refinancing your loan with Sherman Bridge Lending.
Sherman Bridge Lending is the best provider for any of the above needs.

I am a novice investor attracted to foreclosures like many others. Investing in foreclosures is indeed a profitable venture and I too decided to cash in on this. However, as I am not a cash-rich investor, I lost promising properties for lack of finance. Then, my friend introduced me to Sherman Bridge Lending, the private money lender, Texas.

Since then, I never looked back. I bought my first property for $75,000 and Sherman Bridge Lending gave me a loan of $85,000. By spending a mere $5,000 from my pocket, I acquired the property and undertook the repairs at a total cost of $90,000.
 
The best part about Sherman Bridge Lending is that they processed the loan in a short span of 48 hours and unlike before, I never lost a promising opportunity again. The loan officers are extremely understanding and co-operative.

Sherman Bridge Lending is one of the best private money lenders, Texas. You will never be disappointed once you approach them. They will fulfil your requirements and you can make healthy real estate investments and never lose promising opportunities.

Yet another plus point about Sherman Bridge Lending is that they exercise flexibility as far as the payment and instalments are concerned. They chalk out the instalments and down payment in tandem with the unique needs of every investor.

So, if you have been holding back your real estate dreams for lack of finance, it’s time to approach the loan officer at Sherman Bridge Lending now.

Following the crowd, even I decided to test the waters of foreclosed property investment. Lots of my friends were making quick profits by investing in distressed and foreclosed properties. But, the bad news for me was that these properties are often sold on a cash on sale basis. I did not have liquid cash. Then I learned about hard money San Antonio.

My friend suggested  to me that I  approach the hard money lender, Sherman Bridge Lending. With the help of my real estate wholesaler, I found a promising property that’s after repair value was $100,000 and purchase price was $55,000. We estimated the repairs  to be at around $20,000. Usually, hard money loans only provide a meager  65-70% of the property’s after repair value. I obtaqined a loan of $70,000. I had to invest only $5,000 from my own pocket. I could invest successfully with a minimum investment from my pocket.

Although the property’s after repair value was estimated at $100,000, we managed to sell the property

Thanks to Sherman Bridge Lending for making my first investment successful. Their loan officers are customer-centric and provide excellent customer service. Their loan processing is quick. My loan was processed within 2 days!

I am glad I chose Sherman Bridge Lending as my private money lender.
for $95,000. With the sale proceeds, I cleared the loan amount of $70,000 and an interest amount of around  3,000. In the end, I made a net profit of $17,000 within a span of 6 months.