WHAT IS HARD MONEY LENDING?
Hard money lending is a term used by investors that refers to receiving a large loan, often 100% of the amount. These loans are backed by the borrower’s assets. Moreover, these loans are often received by those in need of a large amount of capital in a short amount of time. For example, house flippers who can receive the funds to purchase and renovate the home to put it back on the market. In short, it is the loan for individuals who want money fast and hassle-free. It does not require a credit check and often does not deal with loan committees. With that said, hard money lending is the ideal choice for those who need funds quickly and without the bother of a middleman.
HOW CAN I BENEFIT FROM HARD MONEY LENDING IN LOS ANGELES?
There are numerous ways in which hard money lending can be beneficial in Los Angeles. To start off, there are many possible investments in such a populated city. Many of these loans can be used to finance an investment or debt. For those who do not like the hassle of going to the bank or meeting with a loan committee, hard money lending is the perfect fit for you. Hard money lending offers the benefit of working directly with a private lender. Moreover, the lender will often not deem you ineligible for a loan due to a low credit score. Rather, these loans are secured by assets, often in the form of property. In a city such as Los Angeles, hard money lending has a wealth of benefits.
WHO DO I CONSULT FOR HARD MONEY LENDING IN LOS ANGELES?
There are many individuals and firms who practice hard money lending in Los Angeles. Though there are numerous options, Sunset Equity Group takes on a unique approach. We are a team of accredited investors who are experienced and respected in our fields. We create individualized investment and repayment plans based on the borrower, proving our goal to meet your financial needs. Moreover, we work with you, guiding each step of the way to ensure mutual benefits. We are dedicated and work hard at what we do so that individuals like you can continue to invest and experience high rates of return. Los Angeles is a city that has proven that risks must be taken to receive benefits. Let us prove to you our dedication and strong belief in providing your financial needs.