TBT Watch & Share the video Nasdaq Opening Bell 2015!Manhattan Bridge Capital Inc (LOAN) is a leading hard money lender in New York area to professional real estate investors, focusing on three types of loans: Loans to finance purchases and repairs for the purpose of quick sale also known as fix and flip Loans for small, new construction projects Bridge loans to purchase small income producing properties Visit our
Hard money loans are best for specific situations and best when used correctly. When financing through a bank or credit union is not an option, or for projects over short-term periods, hard money lenders are the best avenue for a loan. Real-estate is where hard money loans are most beneficial as most projects run for a shorter duration. Hard money loans are an ideal option for fix and flip properties. These are properties that need...read more
As an asset-based loan, hard money loans for real-estate are effective for several types of properties. Each hard money lender often has its niche within the real-estate world that they have the expertise on and are comfortable to provide loans. The majority of hard money lenders offer loans for residential properties, but in some cases will also provide loans for commercial properties. These property types include single family, residential,...read more
Hard money lending is an alternative method to traditional lenders that offer loans that are secured by real estate. Private investors often fund these types of loans rather the conventional method of a bank or credit union. These specific loans are generally short-term loans that typically run for a term of one year with the possibility of extension. Hard money lenders provide loans that are different than traditional, or conventional ones...read more
From its inception, Hard Money lending has been as an alternative for borrowers to gain capital for real-estate holdings primarily in the U.S. and Canada. In the 1950s, the credit industry entered a new era as the first credit cards appeared on the scene, as well as loans originating from the non-institutional lenders in the private sector known as “hard money.” This new era with the help of deregulation created the perfect...read more