Use of Proceeds

ReHab Hard Money Loans

Hard money loans are provided to re-habbers in need of a short-term financial solution until the property can be renovated and re-sold at a higher price. Hard money can work well in this situation because of its quick turnaround time and direct funding.

When working with a bank, problems may delay a sale, forcing a higher price from the seller.  Rehabbers turn to hard money lenders to get them funding to make a deal on a low offer quickly.  We specialize in income producing commercial properties and fund on today's purchase price.

Re-Finance

Hard money loans may be used as a temporary solution to obtain a re-finance for a commercial, investment or residential property. Hard money loans for refinance are often completed by A Fresh Start in a situation where quick, available funding can help to make a deal work.

Property Purchase

Borrowers interested in purchasing commercial, industrial, or investment residential real estate property may find that credit scores, legal obstacles or conditions related to the property itself (such as incomplete buildings, damage, etc.) may prevent standard funding from banks.

In such cases, hard money loans offer a perfect short-term solution. Hard money finding provides time to cure whatever situations exist so that the property can be sold or conventional permanent funding can be obtained.

Construction Loan

Construction loans from hard money lenders can fund the gap between project completion and standard funding by banks or other lending institutions. You can collateralize a finished project or finished portion of a project to generate capital for another construction project or phase.

Business Buyout/Purchase

Purchasing an existing company with hard money funding can be an effective use of the leverage provided by hard money loans.

Individuals seeking to buy an existing business must show through careful documentation, the costs, profits and expected income that can be used to re-pay the loan.