Providing Short-Term Private Loans for Real Estate Investments
The term “Hard Money” generally refers to privately placed loans as opposed to institutional loans, which usually have more stringent underwriting guidelines, for both the type of property used as collateral and the credit worthiness of the borrower.
The most compelling reasons for using Hard Money Lenders are:
The Hard Money Lender provides you with the funds you need to quickly close on a “Hot Real Estate Investment”! Remember, it is not the “cost” of money that is important, it is the “availability” and “timing” of the funds.
Hard Money is a Sound Investment Strategy.
Fast Cash For Foreclosures and Hot Real Estate Investments
Working together can be a win/win arrangement and will provide creative financing that might not otherwise be available from a conventional lender. You, as the borrower, can catapult your growth exponentially by acquiring the cash when you need it!
As your Hard Money (Private Money) Lender, Emerald Dolphin Enterprises, provides short-term private loans so you, the Investor, can buy, rehab and resell more Hot Properties!
We provide ready access to funds which means you can purchase, repair and resell more properties within your target market.
In certain cases, a property can be financed with no money down and in addition, no pre-payment penalties in all cases.
When a property is in foreclosure or an investment opportunity would be missed if institutional underwriting were necessary, the Hard Money (Private Money) Lender can act FAST to get the funding needed to conclude the transaction!
Our loans are made using the property as the primary collateral for each loan. Your ability to repay the loan based on your project are considered in approving you as a “Borrower”.