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Hard Money Lending & Private Mortgage loan Lending- How it Performs



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Private Hard Money Lending stated. The initial in a series of brief videos about hard dollars investing, borrowing and brokering from Trent Dalrymple, non-public “hard dollars” investor and loan company due to the fact 1986. Metro Mortgage loan Investments, LLC works with house in the Detroit and Metro Detroit location only.

8 comments

  1. If I want to be a hard money loan investor, can I use money from an IRA account to invest in a property? I think most IRAs only allow stocks, bonds, and mutual funds..but I am no expert. Great video btw.

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  3. i'm trying to assist my roommate… never help your friends or family right? isn't that the axiom? he is a vet and can get a va loan. you have any advice with that?

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  4. I would check with the conventional lender first, they may require seasoning on the hard money loan before they lend to the end buyer, especially if the end price is considerably higher than the original sale price.

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  5. can i do a double close with a hard money lender on one side and a conventional loan on the other side, selling to a retail customer?

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  6. great video
    I've done this, just make sure the deal is underwritten correctly

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  7. @spectrum0590
    Yes, Private hard money is an alternative lending source for real estate investors. The financing is structured to fit the clients budget. As you mentioned, when the banks reject a borrower due to credit, debt ratio and or income verification the choice is to walk away from the project, find a private lender who will usually ask for a split of the equity (profit) or find a licensed private lender such as our company, Metro Mortgage Investments.

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  8. Good web site too.

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