Blog - Pacific Private Money
How To Get A Bridge Loan
How do you get a bridge loan? It might be better to ask first “what is a bridge loan?” Yes, we know the competition is thick right now. Buyers are making 7 or 8 offers before landing a home. Sellers are afraid to sell because they fear not being able to find and purchase…
How Can You Make Cash-Like Offers Without Paying Cash?
What if we told you that you can start making cash-like offers on a house without having to pony up the cash? It is no secret that right now the real estate market is hotter than ever. Properties are selling so quickly that buyers often need a competitive offer to even be considered. Redfin News offers…
Private Money Loans: Who Needs Them and How Are They of Benefit?
Real estate financing is a complicated thing. That’s true whether you’re an aspiring homeowner, want to fix and flip properties, or are looking for financing to purchase a place for your business to call home. Throw in additional factors like a couple of blemishes on your credit history, the need to finance quickly, or the desire to negotiate repayment…
Simple 6 Step Risk Mitigation Plan: Know What To Look For
Lending comes with inherent risk. There is always a chance that something will go wrong at some point along the way. However, a way must be found to provide borrowers with funding despite those risks while still protecting investors from the worst-possible fallout. That’s where a risk mitigation plan comes into play. At Pacific Private…
How is an Owner-Occupied Private Money Loan Unique?
The real estate industry is increasingly competitive. That’s particularly true in states like California, where the number of would-be buyers always outstrips available properties. When there just aren’t enough homes to go around, sellers are in charge, and buyers must seek any advantage they can get to secure their next home. An owner-occupied private money…
Easily Find Bridge Loan Success Stories You’ll Relate To
Whether you are a real estate agent or a mortgage broker, getting your client into their new home is a tough job. However, often times many homebuyers find themselves stuck between that proverbial rock and a hard place. They need to purchase a new home, but they must sell their current one first. Numerous challenges present themselves…
Are Bridge Loans Cost-Effective?
It’s a situation in which many US homeowners will eventually find themselves. It’s time to buy a new home, whether because of a relocation, a new job, downsizing their living quarters, or for some other reason. However, they also need to sell their current home. Buying a second home without selling the first one seems…
Your Guide to Private Lenders: Should You Work with One
Whether you’re thinking about buying a new home, starting a new business, or investing in real estate, financing is an important consideration. For the vast majority of Americans, that means turning to a bank or other conventional lender. However, those are not your only options. Private lenders also exist and may be a preferable choice…