Aug 27, 2020
What questions do fund lenders avoid? Those are the ones we tackle each week.
Why do national Hard Money/Private Money lenders all seem to have the same or similar “box” guidelines?
Why do you charge an extension fee? Great questions!
Carolina Capital Management's Bill Fairman, Wendy Sweet, and Jonathan Davis are here for The Ask an Ugly Question segment. They tackle difficult, or ugly, questions about the industry sent over by other investors and entrepreneurs.
The first question is Why Do National Hard Money/Private Money Lenders Have Similar Guidelines?
Another great question in this episode is about charging extension fees and the reason behind that. They also discuss the criteria for obtaining a loan.
Tune in to hear their answers.
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.
Listen to our Podcast: https://thealternativeinvestor.libsyn.com/
Visit our website: https://carolinahardmoney.com
YouTube Channel: https://www.youtube.com/channel/UCYzCFOvEt2n9TchgECLwpww/
#HardMoney #RealEstateInvesting #mortgage #privatelending #affordableHousingloans #realestatefinancing