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Author: Wayne Faichney

Best Time to Use a Hard Money Loan

Hard money loans are a great way to foray into real estate investment. Under the right circumstances, hard money can provide an opportunity for borrowers to turn their investment goals into reality with a diversified portfolio. When it comes to conventional loans, stringent underwriting and lengthy background approval checks can come in the way of […]

3 Property Types for Hard Money Loans

Hard money loans are a quick source of financing for when a buyer wants to secure a property. There are a host of factors why a hard money loan may be a great option for a borrower. Whether it is a distressed property, shortened timeline, or credit that is not yet robust enough to apply […]

Conventional Loans vs Hard Money Loans

The Hard Money Journey: Conventional vs. Hard  Money Loans   In a competitive buyers market, it is important to be informed about the advantages different loan forms can provide. Conventional loans are the traditional avenue for home buyers and real estate investors to engage in the housing market. However, hard money loans can be an […]

How to Leverage Hard Money in a Competitive Real Estate Market

The market is tricky right now for a home buyer. With inflation and mortgages to consider, it may be daunting to try and dive headfirst into home buying. First-time homeowners especially may be tentative to try their hand at real estate, especially without guidance or leverage. No matter the market type, hard money loans can […]

Can You Have Two Owner-Occupied Homes?

Can You Have Two Owner-Occupied Homes? | JMJ Funding   A second property can be an attractive option for an extensive list of reasons. From a vacation home for weekend getaways, to a brick and mortar space for business, or a second home where one is not the primary resident, there are many reasons to […]

How Long Do I Have to Live in an Owner Occupied Loan Property?

Owner-occupied loan properties exist as an attractive option for real estate investors who are willing or able to settle down in a specific area for a given period of time. Owner-occupied loans can be attractive options for investors especially because it gives certain benefits not available to other loan borrowers. Benefits may include effective property […]

12 Undeniable Benefits to an Owner Occupied Loan

Owner-occupied loans are granted to borrowers under the stipulation that the person resides in that property. Under the guidelines of an owner-occupied loan, a borrower agrees to stay at the property for a year, move in within a month of closing, and reside there for at least 70% of the time at the property. Vacations […]

7 Ways Hard Money Loans Can Help You Reach Financial Goals

We know that hard money loans are some of the quickest, easiest ways to raise capital when looking to expand your investment portfolio. The speedy, unencumbered loan process makes it one of the most attractive ways to invest in real estate and frees up cash flow for borrowers to use money as they see fit. […]

The 6 Biggest Mistakes Hard Money Investors Make

Hard money loans are a great option for people looking to flip a property, expand their investment portfolio quickly through real estate and grow a business. They are also accessible to people who may have less than ideal credit history or who just haven’t been in the game long enough to secure a traditional loan […]

How to Make the Most of a Hard Money Loan

Being approved for a hard money loan is an exciting opportunity. By now you probably know how you plan on using the money, and if not, you have plenty of options from business costs to real estate investing. But once you have a hard money loan, you want to make sure you are maximizing its […]

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