Dan Kapalin, Loan Officer at Freedom Private Money, explains how several distinct loan programs Freedom Private Money offers fits the various needs of our clients. The differences between the types of loans is one of the biggest questions Dan hears in conversations with potential clients. The three main loan types are Fix and Flip, Buy and Hold, and the traditional 30-Year Private Money Loan. Additionally, we offer Multi-Family, Cash Outs, and Short Term loans but these are somewhat less common.
Frequently, there are posts on investor’s groups pages, such as San Antonio Real Estate Investors page, that offer hard money loans at very low rates, with a seemingly easy application process. Sound too good to be true? That’s probably because it is. Scammers infiltrate our every aspect of life these days, and that includes Hard Money Loans. We know you are eager to secure a great loan at a great rate and have it be pain-free and fast. But don’t let your enthusiasm cause you to be a victim of fraud.