A hallmark of the hard money industry is speed. Hard money lenders can get from application to approval to funding in a matter of days. Here at Actium, we have been known to approve and fund loans in as little as one business day – when necessary. We know; that’s fast.
Given that fast funding is a signature of our industry, we have a question we would like you to consider: how could hard money’s fast funding model help you do better? How could it help you be a better investor, a better business owner, or just a better borrower?
It Could Make You More Confident
Having access to fast funding via hard money and bridge loans could perhaps make you more confident as an investor. In what way? Knowing you can finance properties more quickly makes you more confident about pursuing the most attractive opportunities available at any given time.
Such confidence encourages you to go after deals rather than waiting and hoping those deals come to you. Because hard money loans can be funded quickly, you can act quickly when a lucrative deal presents itself.
It Could Help You Be More Aggressive
One of the reasons fast funding is so important to real estate investors is that speed wins the day. To be aggressive, you need to know that you can line up financing quicker than the other guy. Hard money and bridge loans excel in this particular area. With the strength of a good hard money lender behind you, you can be as aggressive as you need to be with the goal of winning more deals than you lose.
It Could Help You Close More Deals
Aggressively pursuing deals is one thing; actually closing them is another. It has been our experience that speed is often the deciding factor. When all other things are equal, the buyer who can get to closing first ultimately ends up with the property.
As a real estate investor, you want to close as many profitable deals as you can. Every deal equals a new opportunity to earn a strong ROI. But to get deals done, you need reliable financing. And the faster that financing can be arranged, the stronger your position as a buyer.
It Could Help You Better Manage Your Cash
This final point relates directly to why real estate investors finance with hard money and bridge loans rather than paying cash. And the real estate game, cash is a valuable resource that needs to be preserved. Even if an investor can pay all-cash, it is in their best interests to finance with hard money. Financing allows the investor to spread their cash across a larger investment surface.
Hard money makes it possible to optimize cash during the process of obtaining new properties. In addition, following a hard money deal with a traditional loan to refinance allows an investor to pull their cash back out in short order. That same cash can be put into the next investment.
A Better Lender for Better Investments
A quick word about Actium Partners is in order here. We believe wholeheartedly in the power of hard money and bridge loans to help real estate investors achieve their financial goals. We are committed to being a better lender that helps you make better investments.
If you have any questions about our lending practices or policies, please ask. We lend on worthwhile real estate projects that help both us and our clients achieve financial success. If we can help you be a better investor, we are ready to jump on board.
