Industry Articles
Understanding Your Personal and Business Net Worth
Knowing your net worth is critical for determining your financial situation. Knowing the difference between what you possess and what you owe might help you calculate your worth. You may be confident that you have a positive net worth if your assets surpass your...
Taking A Second Mortgage On Investment Property Assets
When you are looking for additional funds for a financial need, a second mortgage may be a good funding option if you understand how it works. It is similar to a primary mortgage. You can use the funds to purchase investment properties, consolidate personal debts, and...
Marketing Strategies for Private Lenders
Whether looking for a home to live in or a property to fix and flip, purchasing property can be a complicated and stressful process. Furthermore, the number of available mortgage loan alternatives can make purchasers feel like they are reading a foreign language....
Private Money Loan Foreclosure
Private loan foreclosures are probably not something you think about when looking for a private money loan. However, with any loan you consider, it is vital to consider every potential issue that could arise in the future. Foreclosure is a legal process whereby the...
Private Money Earnings – Interest and Fees
Are you interested in learning more about hard money earnings beyond interest? For example, did you know private lenders also earn money from loan fees? The interest charged to the borrower for using the funds is the most typical source of earnings for a private or...
Hazard and Liability Insurance Coverage for Private Money Transactions
Hazard and liability insurance coverage for a property is sometimes overlooked in private money transactions. However, it should be carefully considered in each transaction you engage in. Ensuring you are adequately insured for the appropriate amount when you need...