Oregon Real Estate Investors Use Private Money Loans
Investing in real estate can be a great way to expand or diversify your investment portfolio and build wealth.
Purchasing property that appreciates in value and rental income are two ways to make profit.
One of the challenges for any investor can be coming up with required capital.
If you don’t have substantial cash – or aren’t comfortable parting with what you have – a hard money loan may be the answer. What are hard money loans and who uses them?
Why Successful Investors Use Hard Money Loans
Hard money loans are a flexible, short-term financing option provided by private lenders. Unlike conventional loans, they are asset-based. Approval and terms are primarily determined by the value of the borrower’s property, rather than their credit profile.
Interest rates with direct-funded hard money loans are typically higher than traditional loans and repayment timelines are shorter. But a streamlined loan application process and minimal paperwork offer major advantages. Hard money loans are a great funding choice for house flippers and rental property owners who need fast cash and a quick turnaround.
If you’re interested in building a real estate portfolio and need reliable financing, a hard money loan can help you meet your investment goals.
We Are Oregon’s Trusted Hard Money Lender
Gregory M. Russell has been a trusted hard money lender in Oregon for more than three decades. We work in partnership with our clients – and help them find success. Talk to us about your financing needs and goals. We’re here to help you reach them with an easy qualify private money loan. You can reach our lending team at 1-888-477-0444. Or simply complete our online loan request form. We look forward to working with you.