When applying for a hard money loan, hard money lenders strongly consider the loan to value (LTV) ratio. The LTV ratio is calculated by dividing the loan amount by the total value of the real estate securing the hard money loan. The LTV ratio is a measurement of risk for the hard money lender to...
Do you currently have a hard money loan? Are you considering extending it? Typically, a hard money loan is a short-term loan, less than 12 months. If you currently have a hard money loan that is maturing and your project is not completed, you may be thinking about extending it. The extension process for a...
It doesn’t have to be difficult to get your hard money loan approved by a hard money lender. In fact, it should be easier than going through a traditional bank. At Murk Investments, we wanted to share with you some things you can do to get your hard money loan approved timely. Hard money lenders...
As we’ve discussed in previous blogs, hard money loans have gotten increasingly popular in recent years. Since hard money loans are often funded by individual investors, they do not necessarily have the same qualifications as a bank entity would. As a borrower, you should read and understand the term sheet before committing to a loan....
If you found an amazing real estate investment opportunity in San Diego, you know there’s no time to waste. Unfortunately, a bank or a traditional lender who you approach for financing will tell you it’s going to take two to three months to close on your loan, which means the deal you want to make...
Murk Investments Corp. Is a hard money lender and we wanted to share with you some basic information of hard money loans. – Hard money loans are often originated by brokers who raise capital from private individuals.– Interest rates on these types of loans are higher than traditional loans, usually starting at 8 percent because...
Many people turn to hard money lenders when conventional lenders are not willing to take on their deal because of the risk. Hard money lenders have more flexibility to take on certain risks, which is good for real estate investors. When investing in real estate, here are the reasons you’d want to use a hard...
Looking for a hard money lender? You’ve come to the right place. Murk Investments are here to help you with all your bridge loan needs. As a hard money lender, our team will work with you to get you financing on your timeline. We are the best option when it comes to getting a short-term...
The real estate market changes all the time, but if you know what to look for you can protect yourself from the downside and position yourself to make a profit. At Murk Investments, we wanted to share some tips on finding real estate that will be successful investments.Search for properties that have zoning opportunities. Cities...
At Murk Investments, we provide creative financing solutions for borrowers and lend money to real estate investors looking for business purpose loans for real estate investments in the San Diego area. We originate hard money loans to real estate investors in need of a bridge loan, looking to flip a house, or refinance an existing...
