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residential hard money loans – Socotra Capital – Other investors opt for residential hard money loans because they want to buy properties that must be rehabbed or are viewed as high risk by lenders due to their location or use history. Individuals who have been through foreclosure or bankruptcy may also be able to use residential hard money loans to purchase their primary residence or.
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FAQ Hard Money Lending – ARIXA CAPITAL – Hard money loans often require a personal guarantee and require first positioning as the lender of record, although some lenders are willing to make subordinate junior loans where another lender holds the primary mortgage.
Before you take any type of loan, take a hard look at ways you might be able to raise money by increasing your income. up to $750,000 if you itemize and if the loan is for your primary residence..
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Guide to Florida Hard Money Lenders: Are They Still a Viable Option. – The recent near-miss for Florida hard money lending resulting from HB 747. ( some lenders require the property to be your primary residence).
Florida Hard Money Lenders – HARD MONEY PREPAID LOAN INTEREST LAW As a result of the new Dodd-Frank Act of 2010, it is illegal for a Florida hard money lender to require a Florida borrower who will be occupying the residential property as a primary residence to pay more than (2) two months of prepaid interest in advance. That means that the Florida hard money lender cannot require a Florida hard money loan applicants to.
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