Funding
Hard Money Loans We Finance
Construction Development
Rehab & Restoration
Joint Ventures
Purchase or Refinance
CRITERIA
Up to 100% financing, based on common sense underwriting - In most cases includes money for acquisition, escrow, and closing; but rarely carrying costs.
Asset based
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Collateral securitized by real estate
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Income and non income producing properties
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Asset driven regardless of credit
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No sourcing or seasoning of funds or reserves
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Foreign Nationals OK
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No 4506's
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Seller held seconds OK
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Anywhere in the United States / Worldwide - on case by case basis
LOANS
Acquisition
Purchase property using loan proceeds.
Acquisition & Development
Purchase and develop real property to an enhanced state.
Construction
Construct a building or for improvements of real property.
Rehab - Purchase
Rehabilitate real property to an enhanced state.
Fix & Flip
Make property ready for resale in short order.
Cash Out Refinance
Refinance to close out an existing loan.
Short duration borrowing until permanent financing is secured
For acquisition, cash out, buy outs, work outs, construction, rehab
Workout, Bankruptcy, Foreclosure
Temporary funding until sale of asset or institutional financing becomes available
Real estate track record commensurate to project or team experience
Ability to demonstrate a business plan and exit strategy
24 month - 10% interest only - 4-7 points - $350k loan minimum
Several properties may be bundled to meet minimum.
Close in corporate, or trust. No prepayment penalties
An LOI indicates conditions for release of funds. Acceptance includes a refundable 1% commitment held by a closing attorney, title company, or escrow agent.
JOINT VENTURES
My Hard Money is a private investment group with a fund in excess of $1 billion and growing. Our primary goal is the protection and growth of our investment partners’ capital.
We create a team environment where your ROI and equity position is the measure by which we all grow together. Through joint venture (JV) structures, overall productivity and profit is enhanced as is our vision for a disciplined investment approach.
Our JV program provides our entrepreneurial operating partners who possess significant local market knowledge with various opportunities to demonstrate a track record to success.
Income producing
Residential - non owner occupied units, apartments, complexes, condo/coop conversions, assisted living
Retail, storage, industrial, office, medical, mixed use - buildings, complexes, centers
Non-income producing
Land acquisition, development, construction, rehab escrows
Bank workouts, foreclosures and bankruptcies
Is your property listed?
Does your deal have specifics that are not listed, yet fit the criteria?
PROPERTIES FINANCED
