Cash-out refinancing refers to the process of refinancing a home or business for more than the existing mortgage, thereby allowing cash to be returned to the borrower. For home or business owners who have properties with substantial accumulated equity, cash-out refinancing can provide funds for renovations or perhaps a business expansion. (more…)
Many reasons you can leverage the equity in your home when you have no other options, banks credit unions have turned you down your credit is challenged but you your equity rich not credit rich. You can consider hard and private money loan in Florida to get the cash out you need today. When speed is critical and vital and you need answers fast, a hard and private money Florida loan using private investors could be your answer to the funds you need. Here credit is not a requirement only equity is considered and you can close in 10 to 14 days if you have a clear title. (more…)
Real estate agents and investors frequently use the term "free and clear" to talk about a home or property, but what does this terminology actually mean? Free and clear means there are no encumbrances or any legal matters that burden or restrict the transfer of property. When a property is free and clear, it is completely free of any liens or mortgages.
Refinancing your home is always a big decision, but it can be complicated by issues you may not understand. That’s why we will try to help you with nine things you need to consider before you refinance. Then we will tell you how AHL Hard Money Network can help.
Florida homeowners here’s something to get excited about! If you have been paying on a mortgage for years or have paid off your house, you have a lot of accumulated equity. At the same time, you home has aged and is ready for a home improvement project. (more…)
Hard money financing is a valuable way to obtain funds from equity in a commercial property when conventional financing is not an option. The property owner may have a previous bankruptcy, foreclosure, or less than ideal credit that will get them turned down by conventional lenders. (more…)
Are you looking for a vacation property or have one and want to pay it off? This may not be as easy as it sounds, particularly if you plan to rent it from time to time. Most conventional lenders will consider this a commercial property and may not provide you financing. (more…)
For many homeowners, having a second home in the sunny and warmer south during winter months can seem very attractive, or perhaps you live inland and want a place at the beach. Owning a second home might be more cost-effective than renting each year if you return to the same area.
Investors are coming to Florida from all over the world to take advantage of the real estate market in the Sunshine State. Markets such as Tampa, Miami, Orlando, Sarasota, and Ft. Myers have seen a surge in overseas investors as the real estate market continues to rebound. Many of these investors can walk in and pay cash, but some are looking for mortgages or equity loans. That can be impossible for them due to banking restrictions.