Title | : | Hard Money Loans vs. Soft Money Loans | When to Use Each |
Lasting | : | 18.09 |
Date of publication | : | |
Views | : | 22 rb |
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Awesome Just put a house under contract with a wholesaler Did not have financing in place Less than 30 days to close Very helpful video! Comment from : Guy Harris |
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fix audio levels please Comment from : sbr464 |
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Great breakdown and visual to help understand the basics Comment from : 2-ers |
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If I want to do the brrr method and pay all cash to buy How long do I have to wait to do a cash out refinance and how many times can I do a cash out refinance (assuming different properties) can I do a year? Comment from : Yousuf Sharifi |
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Your intro is Gold! Comment from : austin neill |
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I wouldn't try and coin the term soft money here That is going to get confusing with Soft Debt I work in the affordable housing space and we have something called Soft Debt This is debt usually from The City or The State and it is paid back on a cashflow dependent basis It usually accrues 1 a year and if there is cashflow left over at the end of the year we will use it to pay down the soft debt Often times we won't have to pay anything back for 5, 10 even 25 years Comment from : Woodshadow |
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Im a bit of a rookie, can someone explain further why its advantageous to waive the finance contingency in his example at the end? Comment from : Blake Henderson |
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What do you do if you don't have any experience? How do you still get hard money funding? Comment from : TheMFStudios |
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informative—excellent! Comment from : Hurricaneplays |
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Smegma? I see what you did there… Comment from : Jay Welch |
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Good information, poor audio quality Please adjust Comment from : jg 3554 |
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🔥🔥🔥 Comment from : The Findlay Mortgage Team |
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It also depends on the competition level that you have on a given deal Most of the time, due to the competition on a home, you must be able to offer a fast closing date A hard money loan can close in as fast as 48 hours A Fix n Flip loan can take 2-4 weeks If your competition is using hard money or cash, you either have to close as fast or pay more I broker these all the time, I use Intrust Funding on many deals and other hard money on other deals It depends on the deal, location, deal structure and what unique details of the loan or property as to my decision of where I will broker the loan Comment from : On The House | Real Estate Investment Strategies |
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I learned a few new things regarding Hard and soft I usually use my own money good to have in my back pocket for future deals Thank You Comment from : Robert Carrillo |
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Soft money just sounds like a normal bank loan Comment from : Mel Hayes 3D |
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Fantastic interviewing by Ashley, fantastic insights by James Comment from : Benjamin Bidlack |
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Thank you for providing this helpful information Comment from : Lu Zhou |
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What makes money hard? (When it goes to the strip club) skaboosh Comment from : Zachary Buhler |
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CoolbrbrBX STAND UP!!! Comment from : Julio Sanchez |
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Dam this was very informative!!! Thank you for this upload!!! Comment from : DiGiTaLGrAvEDiGGA |
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Great information! Very helpful video Comment from : PracticallyPosh Life |
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Guys it’s all money at the end of the day Just use it Comment from : Jorge Villarejo |
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And drug money Comment from : Jorge Villarejo |
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I use loud money Comment from : Jorge Villarejo |
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Another great informative video! Thanks for sharing all your knowledge with us! Comment from : Cynthia Cole |
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Really well explained Thank you 🙏❤️ Comment from : LuZ TV |
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great video ! Comment from : Jeroñe |
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So much fun shooting this w/ Ashley Kehr!! Hope you guys enjoy this new video! 🙏 Comment from : ProjectRE |
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