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  • Writer's picturePreston Morris

Hard Money Lenders Louisiana

Hard money loans are a good fit for wealthy investors who need to get funding for an investment property quickly, without any of the red tape that goes along with bank financing. When evaluating hard money lenders, pay close attention to the fees, interest rates, and loan terms.

Risks of Hard Money Loans

Among them are: Interest rates are typically higher. Hard money lenders typically charge a higher interest rate because they're assuming more risk than a traditional lender would. They may require a higher down payment than a traditional loan would. Get to know more!

What can hard money be used for?

Hard money loans are primarily used for real estate transactions and are money from an individual or company and not a bank. A hard money loan, usually taken out for a short time, is a way to raise money quickly but at a higher cost and lower LTV ratio.

Louisiana Multifamily Hard Money Loans

Investors looking to purchase multifamily properties in Louisiana who are looking to close fast or with credit issues can secure capital with private hard money loans. Considered by many as the safest real estate investment, apartment buildings in Louisiana enjoy low vacancy rates and good cap rates. We can provide funding for any investment strategy:

  • Refinance

  • Cash out

  • Renovate and Flip

  • Condo conversion

  • Vacation rentals

Why is it called a hard money loan?

It's called a “hard money” loan because it's harder to acquire and pay back than its soft money counterpart. You can expect a higher interest rate with a hard money loan than a conventional property loan, with many hard money loans starting at around 7-8%.

What is the difference between hard money and private money?

Private money lenders typically are not organized money lenders and are not usually licensed to loan money. Hard money lenders, on the other hand, are organized money lenders and are usually in some way licensed to loan money. Hard money lenders typically have lending criteria.

We’re Your Louisiana Hard Money Lender.

At Curbie & Bessie Capital Investments , we are committed to each step of the hard money lending process. We understand that your need for cash is urgent, and that’s why we’ve set up a safe and secure system through which you can apply for a loan online.

We also take great pride in delivering money in 24 hours or less. So, by choosing Curbie & Bessie Capital Investments as your hard money lender in Louisiana, you can often apply one day and have your money by the next. No hassle and no long-term waiting.

Contact us to learn more about our hard money lending process and how it can help you make ends meet until that next paycheck.

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