With the help of our experience in this new York develop and you may flip market, Western Forest Resource might be able to framework innovative deals that fit your hard money money needs. I loans money in line with the value of the investment therefore in some cases we had been even capable funds more than 100% of your price and you can rehab count.
If the borrower is even taking out financing to own treatment purposes, a challenging loan provider will want to guarantee that the fresh new solutions are now being done in respect the fresh repair agenda and on big date
West Forest Resource even offers this new longest tough currency financing offered in the business (36 months), perfect for purchase and you can hold people.
Even if both banking companies and difficult currency loan providers build mortgages, difficult money-lender criteria and you will lending criteria have a tendency to may differ notably out of a classic lender. (more…)