Investor Rehab loans (also knows as Hard Money Loans) are currently filling a need for investor who have an ability to find deals, but have found themselves unable to fund projects with conventional financing.
The Real Estate Game has changed greatly for investors. Stated income and No Doc loans have become very difficult if not impossible to obtain from conventional lenders. Of course the amount of opportunities in this post bubble burst environment is endless. With REO’s, Short Sales, Pre-Foreclosures, etc… flooding the market, many investors may see opportunities on every corner. However more investors are finding themselves frustrated when attempting to locate sources to fund these opportunities. [Read more...]