Real Estate Investors, Landlords, Operators, Builders and Developers understand why getting a Creative Financial Solution in some cases it is more important than the cost of the capital.
Quicker closing times and less stringent requirements are among the top reasons to turn to private lenders
Borrowers will shop for a lower-rate to refinance the private mortgage loan once they secure the real estate and are no longer at risk of losing it because of financing delays.
Although no one plans to borrow money at high interest rates over a long term, it makes sense in many cases to get the loan for a one-year or two-year period before refinancing into a low-rate loan or reselling the property.