Jul 30, 2020
#HardMoney #RealEstatenvesting #AccreditedInvestors
Hard Money Loan Fees Explained
Who pays which fees when Hard Money is being moved around?
Wendy Sweet, Bill Fairman and Jonathan Davis answer "Ugly Questions".
Ask an Ugly Question Session
1 - Why are hard money loan fees more expensive than bank loan fees? Do I have to pay a separate servicing fee as well?
2 - How quickly will I receive my first interest payment & how often do payments occur?
What questions do fund lenders avoid? Those are the ones we tackle each week.
Wendy Sweet and Bill Fairman have been successfully lending money primarily in the Southeast to investors, rehabber's and builders. They also manage a real estate fund for accredited investors, in addition to, brokering loans for those with money to invest.
PRIVATE CAPITAL FOR REAL ESTATE INVESTORS Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
Carolina Capital promotes that all of their hard money loan transactions be made ethically and morally. Our goal is to put People and Principles in front of Profit. Carolina Capital understands that the best way to serve our customers as a hard money lender is to be able to walk in their shoes. We are also very proud members of the American Association of Private Lenders. As "real estate investors” ourselves, we feel this enables us to better understand the goals and needs of our customers.