Learn how to become a private mortgage investor or a hard money lender.
Investing in mortgages and real estate notes your money is secured by the real estate and you can earn up to 12% on your money. Some investors can make as high as 15% depends on the investment and the risk you take.
As experienced hard money lenders we really don’t want to take too much risk, so we will not eventually get to foreclose the property and money on the deal. Though we will always have enough equity in the property to cover the losses, this is still a huge headache that will last for few months and we rather not take it.
Direct lending in the way hard money lenders do, it’s the most secured way to invest your money. Since we are in business to make money, we also understand that in some cases we also need to take risks.
Hard money have some risk, but much less risk then investing your money in the stock market or a business that is not sure to get somewhere. Hard money is protected by the actual investment “Real Estate”.
hard money lenders want to always make sure that the borrower will have incentive in paying back the loan. This incentive can be the borrower purchasing a property and using almost 50% of his money on the property or if he refinance, then he will have at least 40% equity in the property.
The equity and the down payment provided by the borrower will make sure he is not going anywhere because he have big chunk of his own money in the deal. So if he will default on the payments he will loose it all right away.
What kind of Investors should consider the Hard money lending business?
1. Investors who want consistent double digit returns with a secured investment.
2. Investors who purchase discounted mortgages.
3. Investors in the stock market looking for more consistent returns.
4. Retired Investors looking for consistent monthly income from their investment.
5. Mortgage Brokers looking to help their private mortgage investors.
6. Real Estate Investors looking to expand their investment portfolio.
7. Anyone with money to invest… no matter what state they live in.
8. Any investor who wants to become a private mortgage investor.
9. Current Private Mortgage Lenders who want to improve their knowledge.
In order to start investing in mortgages and real estate notes you really need to know what you are doing in order to make sure your money is secured legally. At HML Investment group we have variety of investors from all over the nation.
Some want to invest in:
1. Commercial real estate
2. Some in residential real estate
3. Some asks for 50% LTV as the maximum risk they are willing to take.
4. Some are willing to take more risk and will go as high as 75% LTV.
5. Some will lend to owner occupied properties.
6. Some will lend only to non owner occupied properties because of various reasons, legal reasons at the most.
HML Investment group can help you to take control of your money and make sure it will go to the right property in the right situation. If you need more information about becoming a hard money lender please let us know and we will help you get in the game today.
