Comments for Private Money Lending & Real Estate Investing Made Easy - CMYatesCapital.com - The Preferred Resource for Private Money Lenders

Comment on Besides a construction loan,How do you apply for a mortgage that will pay for demolition fees,bluprints? by Construction Network

Construction Network — Mon, 05 Mar 2012 18:41:27 +0000

Tough question, even in today’s market it can be tough to secure such a loan. Please let me know if anyone has an answer to this question, I’d be interested to find out how this could be resolved.

Comment on Private Money Lender: How to Get Them and How to Keep Them Long-term by Steve Kikrpatrick

Steve Kikrpatrick — Sun, 15 Jan 2012 22:03:38 +0000

Want to borrow money to purchase a home/do some renovations. Have a good track record on all my existing rentals.
This particular home has a short sell at $63,000/ and an old mortagee of $170,000. It needs renovation .
Looking for a private money lender.

Comment on Commercial Mortgage Lenders by Zoliath

Zoliath — Thu, 29 Dec 2011 16:14:36 +0000

It’s a tough market right now for both commercial and residential real estate. Obviously the best strategy is to “buy low” and “sell high”; the hard part now is the “selling high” part. You definitely make some good points when it comes to commercial mortgage lending.

Comment on Are tax free muni bond dividends in Rollover IRA withdrawn tax free? by Kaedon

Kaedon — Tue, 13 Dec 2011 16:29:46 +0000

Damn, I wish I could think of smoheting smart like that!

Comment on How to: Leave your job/ retire? what are your 401k options by Jeanne

Jeanne — Tue, 13 Dec 2011 10:43:48 +0000

At last! Someone with the iinsght to solve the problem!

Comment on What You Can Expect From Private Money Investing by Fernand

Fernand — Wed, 07 Dec 2011 20:25:12 +0000

All private investing is risky, for this reason the general advice is invest our money for retirement in low-risk funds. But if you have time and money to take high risks, my advice for you is that you should learn about the art of investing.

Comment on Commercial Mortgage Lenders by commercial private money lenders

commercial private money lenders — Fri, 02 Dec 2011 09:23:08 +0000

Some truly prize blog posts on this website , bookmarked .

Comment on Can anyone post a link or info on any private lender/investors who give a 60-65% LTV hard money loan? by Rdeanw

Rdeanw — Tue, 20 Sep 2011 16:03:19 +0000

Looking for investors to lend on small remodel projects $10,000.00 and up. Secured by a 2nd mortgage or promissory note. Can pre qualify homeowners 80% LTV or lower. Have been in construction trade over 30 yrs also been a mortgage broker. Their are a lot of good people looking to do small projects with good credit. I can submit a 1003, credit report and tax value and cost of project.

Comment on Commercial Mortgage Lenders by Samuel

Samuel — Sat, 26 Mar 2011 07:49:46 +0000

Can you recommend any commercial mortgage lenders that you work with? Preferably in the LA or Orange County, California?

Comment on hard money lender needed in new orleans to rehab homes.? by Thad D. Ackel, Jr.

Thad D. Ackel, Jr. — Mon, 14 Mar 2011 05:45:23 +0000

There are a lot of hard money lenders in the New Orleans area. I am setting up investors and hard money lenders for real estate transactions as much as possible due to the banks tougher lending requirements.

Comment on Commercial Mortgage Loans in BATON ROUGE, LOUISIANA by Thad D. Ackel, Jr.

Thad D. Ackel, Jr. — Mon, 07 Mar 2011 05:34:51 +0000

Commercial mortgage loans are going to be harder to come by as the mortgage industry adjusts to higher interest rates and tighter lending regulations. Baton Rouge is still poised for growth.

Comment on What is the highest LTV that hard money lender’s go on home values? by Dave T

Dave T — Thu, 16 Dec 2010 20:07:33 +0000

Amber, you didn’t post any contact info. I’m looking for a high LTV privately funded loan for home purchase. We’re in fantastic shape in terms of DTI but have bankruptcy and foreclosure within the 3 year (or so) period that disqualifies us from anything with traditional and FHA lenders. Probably could refi after a short-ish period of time but in the interim we’re trying to get back on our feet, and it’s a difficulty akin to finding a first job “we want experience and we won’t give you a foot in the door.” Feel free to email Cruciatio@yahoo.com; I’d love to see what other options are available.

Comment on Woodbridge Virginia Hard Money Lender – Rope Ct by Veronika Hudson

Veronika Hudson — Tue, 16 Nov 2010 10:43:38 +0000

Real estate business is considered or in other way presented as a quick mean of earning lot of income. It may be true but not for everyone as there are so many hurdles and the procedure is not as simple as shown in different late night advertisements on television or in newspapers. The legal details and the value of any asset are determined only by sharp eyes.. Make Out a Plan and then you have to contact with private money lenders, as they are worth calling.

Comment on Banks face two-front war on bad mortgages, flawed foreclosures by Home Loans and Mortgages on Bad Credit by Mortgages MAX

Home Loans and Mortgages on Bad Credit by Mortgages MAX — Fri, 12 Nov 2010 21:08:34 +0000

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Comment on Banks face two-front war on bad mortgages, flawed foreclosures by ken vesely

ken vesely — Fri, 12 Nov 2010 18:10:31 +0000

NLD Settlement Corp is the nations leading hard money lender. We provide hard money to real estate investors nationwide. We are 100% asset based lenders for non-commercial properties. We will not look at income or credit on 1-4 unit, 5 unit plus or mixed use properties. You can apply right online at http://www.hardmoneyman.com. With over 20 years combined experience in the hard money and private mortgage industry, we have the experience necessary to make sure your hard money real estate deals get funded. We provide funding for residential and commercial properties nationwide.

5-7 DAY CLOSINGS!

We do work with Realtor’s, mortgage brokers and other hard money lenders. NLD Settlement Corp does not provide financing for owner occupied primary residences (we will only consider these in the state of California). The only properties we will consider for funding will be Non-Owner Occupied investment properties.

Comment on Advantages of Going to Hard Money Lenders by Vanessa Carlton

Vanessa Carlton — Mon, 08 Nov 2010 10:02:30 +0000

The best part of going to a hard money lender is that they do not require lengthy procedures or huge applications. You just apply for loan and within 7 days you get the results.

Comment on Commercial mortgage for apartment building . . .? by HEATHER

HEATHER — Mon, 08 Nov 2010 03:12:30 +0000

I don’t know what state you are in, but in Illinois, if it is 4 units or less, financing is done as a residential property. If there are 5 or more units in the building, it is considered a commercial property. A commercial mortgage is going to be based primarily off of the income statements for the past couple of years on the apartment building. In most cases a 20% down payment will be the minimum that will be accepted, even if the apartment has good financial history.

Comment on hard money lenders that lend regardless of employment credit rating etc…? by Deja vu

Deja vu — Mon, 08 Nov 2010 02:41:27 +0000

Hard money lenders lend money at high interest rates because they want to be paid for giving high risk loans. Only a fool or the Federal government would charge a low interest rate on a high risk loan. Hard money lenders also only lend 60-70% of the money to buy a house, you will have to get the rest of the money elsewhere. If your credit is really bad, they are unlikely to lend to you. See the link.

Comment on Commercial mortgage for apartment building . . .? by godged

godged — Mon, 08 Nov 2010 02:16:37 +0000

Both. There are some lenders that say they will finance up to 97% LTV on commercial.

Comment on hard money lenders that lend regardless of employment credit rating etc…? by Emilio

Emilio — Mon, 08 Nov 2010 02:02:12 +0000

the MOB