If you don’t have a property lined up at the moment and just need general advice regarding hard money loans and the fix and flip industry – no problem! We are here to help you along the whole buyer’s journey.
Traditional loans can take weeks to process, and hot properties will trade long before banks are capable of funding. Fast funding is one of the keys to a successful rehab project, which is a major benefit to using a hard money lender.
Although all financing options require at least some amount of “skin in the game,” private money and hard money loans are a good alternative for investors who lack sufficient capital at the time of purchase but are willing to work hard for a profit.
Some real estate investors & developers have less-than-perfect credit scores or cannot provide enough financial documentation to qualify for traditional bank loans. Walnut Street Finance has more flexible terms and obtainable conditions.