IWS-20 : The IWS Million Dollar Guide to Top Real Estate Loan Sources

Description

THE IWS MILLION DOLLAR GUIDE TO TOP REAL ESTATE LOAN SOURCES is your comprehensive directory and guide to thousands of sources of

• hard money,
• private money,
• multi-family property loans,
• single-family property loans,
• banks,
• credit unions,
• and other lenders for real estate.

Gives name, address, telephone number, website, and email.

A special bonus section lists real estate investment clubs throughout the United States.

A SIMPLE DEFINITION OF PRIVATE MONEY is financing that is made available from non-government organizations or individuals. Hard money loans typically consist of private money, where the borrower receives a loan secured by the value of a “hard” asset—that is, a piece of real estate (land and/or building). Most hard money loans are for commercial properties.

WHILE BANKS ARE THE TRADITIONAL SOURCES OF FINANCING for real estate, private money and hard money are considered “unconventional” loan sources and have non-traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and the borrower. At the same time, there is usually less “red tape” and fewer government regulation involved in hard money loans.

HARD MONEY LOANS HAVE HIGHER INTEREST RATES than conventional bank loans and therefore cost the borrower more than conventional loans. In certain circumstances, however, hard money loans are preferred by borrowers because they tend to be easier and faster to get. The following list includes hard money and private money lenders from a wide range of locations.