The financial market can be a hard place to put your money. Sometimes you just don’t trust the stock market and you want to just go out on your own and do your own property investing. Some properties look like good investments and you feel they could be good money makers for you. Real estate investment is the place that you feel the most confident and the market that you know best. Investors like yourself have depended on Hard Money Lenders to help them secure the property that they want. Hard money lenders know all about lending money. They can lend you usually what you need to secure the property and what you will need to fix it up. They are in the market to be a short term lending company. Real estate investors have been coming to them for years wanting funding for different projects. They look at things differently than a traditional bank. They use the property as collateral and make the loan on the amount that is needed to secure the property and to fix it up. They are happy to extend the loan to you and they make you feel like they trust you and it’s a great way to be in business. They are on your side.
Some investors are highly motivated and they want to secure the property quickly. The people at Montegra can help them secure the property with a bridge loan. It’s nice to be trusted and made to feel like you are as valuable to them as a customer as they are to you as a lender. This is a nice partnership to be in. Life is full of ups and downs. There is always some risk in life. Nothing is completely secure. But the people at Montegra look at the whole picture and they will make their decision on what they see. If you are a good risk, they are willing to loan you the money. Nothing is 100% guaranteed. Life is all about taking risks. You take a risk every time you get into your car. We really can’t get away from some risk. Everyone naturally wants some security but you will have to take some risks in life with everything. It may be a risk for you to purchase the apartment but you feel like the risk would be worth it. The folks at Montegra are behind you and ready to give you the loan.
Bridge loans are made to help people. They are more money as you pay a higher interest rate. But it is meant to be temporary. It is enough to get you started and on your way. This special financing is the bridge between buying the property and being able to sell them. Don’t let the higher interest scare you. You will only be paying the loan on the interest until you are able to either sell the property after renovations or refinance it you are finished fixing it up for occupancy. You can then pay it back with a regular loan.