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Hard Money 101 – How to Avoid Lender Tricks and Deceptions

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Understanding Hard Money Loan to Value Ratios Are you on the fence about getting a hard money loan? Some real estate investors are hesitant to seek these types of loans. They’re worried about high-interest rates, fees, and trickery. By learning the basics of hard money, you can avoid the most common lender tricks and deceptions. … Continued

52nd Street, Philadelphia, PA 191

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Total amount funded: $80,000 Appraised value: $165,000 Loan To Value (LTV): 48% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

Angora Drive, Lansdowne, PA 19008

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Total amount funded: $90,000 Appraised value: $155,000 Loan To Value (LTV): 58% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

2XX S Farragut Street, Philadelphia PA 19139

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Total amount funded: $165,000 Appraised value: $340,000 Loan To Value (LTV): 48% Loan Servicer: FCI Lender Services, Inc. Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee    

Florida Avenue, Herndon VA 20170

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Total amount funded: $134,550 Appraised value: $207,000 Loan To Value (LTV): 65% Loan Servicer: FCI Lender Services, Inc. Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

Edgewood Avenue Abington, PA 19001

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Total amount funded: $139,200 Appraised value: $232,000 Loan To Value (LTV): 60% Loan Servicer: FCI Lender Services, Inc. Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee  

Melrose Ave Elkins Park, PA 19027

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Total amount funded: $325,000 Appraised value: $650,000 Loan To Value (LTV): 50% Loan Servicer: FCI Lender Services, Inc. Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee  

17th Street Philadelphia, PA 19140

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Total amount funded: $80,000 Appraised value: $160,000 Loan To Value (LTV): 50% Loan Servicer: FCI Lender Services, Inc. Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee  

Cedar St Philadelphia, PA 19134

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Total amount funded: $50,000 Appraised value: $218,000 Loan To Value (LTV): 23% Loan Servicer: FCI Lender Services, Inc. Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee  

Legacy Book Club

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“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time – Charlie Munger “ Intention: Expand investment awareness, context and capabilities.  Create your own user feedback survey