Redrockcapital

  First-time investors often struggle to get real estate investment loans because they approach only banks. For example, they first turn to their banks where they have accounts and waste much of their precious time in understanding the loan process of banks. But little do they know that private financers are more prompt than banks.  Let’s compare banks with private financers 1. Availability Banks are limited in number but private financers are many. Also, banks adhere to their work timings and days but private lenders have flexible work timings. For example, a private financing company can make its officials sit an extra hour to process your loan request. Since there are more finance companies, you can explore all options to get the best deal. 2. Flexible terms and conditions Banks have strict rules for mortgage for investment properties but private financers are different. They are quite flexible in their approach. They are ready to bend rules to increase the eligibility of...

  Real estate investment is the safest bet because it gives assured returns. If you ever get an opportunity to invest in a property, you shouldn’t miss the opportunity. Non recourse real estate lenders are here to help and they can provide real help as and when required. The real estate market has many players and lenders are one of the key players. Who are property lenders? Property lenders can be divided into traditional and private. Traditional lenders include banks and other institutions that give loans only to eligible borrowers. You need to have a good credit score and a minimum monthly income to become an eligible borrower. But private lenders are different. They provide loans on request instead of on credit scores or minimum monthly earnings.  Most rental property financing is done by private lenders because private lending companies don’t take much time to process loan applications. A private loan is provided in one-to-one meetings. Private lenders trust individuals...