The pre-housing-crash hard money industry was known for making all sorts of loans that lenders would never make today. Our industry has changed quite a bit as a result of the aftermath of the crash, especially where the Dodd-Frank Act relates to property funding. Unfortunately, some people still conflate hard money loans with mortgages because […]
Quite a few things distinguish hard money from traditional bank financing. From the lender’s perspective, the difference between borrower financial position and collateral value is big. In fact, it is the main factor that separates hard money from traditional lending. Hard money lenders like Actium Partners are more interested in collateral than the borrower’s financial […]
What is it about financial services that aggravates you the most? For many investors new to the hard money game, it is the words our industry uses. Suffice it to say that the financial sector has its own lingo. If you don’t know what certain terms mean, you could end up approaching a deal without […]
Hard money lending is a legitimate financial service on par with other forms of licensed private lending. Unfortunately, our industry is given a black eye every time a fraudster manages to scam people out of their hard-earned money. We consider it part of our responsibility to educate people about how they can avoid hard money […]
The internet is a treasure trove of information about hard money lending. Some of it is true, some of it is not. Some of the information is produced by people who are genuine experts in the field. Other information, not so much. The long and short of it is that you cannot always believe what […]
Here at Actium Partners, we are big proponents of borrowers getting the best possible funding solution to meet their needs. We understand that hard money is a competitive business. We also know that borrowers have to look out for their own best interests. Believe it or not, we truly appreciate those who do. Given the […]
Every form of investing has its risks. When you invest in commodities, you take the risk of the bottom falling out on futures. Investing in the stock market carries with it the risk that your chosen companies do not meet performance projections. In real estate, your risks run the gamut from falling property prices to […]
The fact that private lenders enjoy greater flexibility allows them to consider loan types that banks wouldn’t even touch. A good example is a hard money loan used to acquire a piece of vacant land for development. Banks tend to steer clear of such loans because they consider vacant land too risky. On the other […]
Every client we have ever worked with was a first-time client at some point. They all had to convince us that partnering with them was a good idea. If you are planning to apply for your first Actium Partners loan, you will have to do the same thing. Don’t stress over it. Just make a […]
Closing on a real estate loan in under ninety days is unheard of, right? Yes and no. If you are looking at a traditional mortgage from a traditional lender, ninety days would be a reasonable expectation. But there are other real estate loans that can close in seven days or less. These are the types […]