If you are looking to build wealth or expand your portfolio, investing in real estate is an attractive option to accomplish both of these goals. It does require a good amount of cash upfront, and that’s where PMF Partners can help. We are a hard money lender providing loans used for the acquisition, refinance, rehabilitation and equity cash out of investment and commercial properties.
Our services are made to secure property to renovate, purchase or develop – and ultimately sell for a profit. Compared to a conventional loan, the interest rates are higher, but the higher rate is offset by the fact that the borrower can access the funds much faster and the loan is asset-based; the real property itself is the basis of the lending decision. If a property is producing or can produce sufficient income to pay the note and the value of the property will fully secure the note and provide sufficient equity, then the borrower’s credit is not an issue.
An investor with significant equity in commercial real estate and requires a quick close is a good candidate for a hard money loan. Traditional financial institutions do not offer hard money loans, so this lending option is only available through private lenders such as Private Mortgage Financing Partners (PMF Partners).
Private Mortgage Financing Partners, a “Hard Money” lender differs from traditional financial institutions. PMF Partners is asset-based, so first, we analyze a borrower’s real estate collateral and treat cash flow as a secondary concern. If you have a clear exit strategy, we don’t even require historical cash flow.
So, if you are looking into a property, believe it is a good investment and that it will generate a healthy margin but are short on funds and can secure your loan with investment or commercial real estate, call PMF Partners today. Call us now, if you are considering the purchase of a commercial property. Contact us with any questions, or to run any hard money type loan scenario by us. You can go to our website, click on “Request a Loan Now” and fill out the online, interactive loan application. PMF Partners is a Hard Money lender. We are experts in financing hard to finance deals (hard money, private money) through our private mortgage fund.