With the credit markets so tight while real estate is being offered at 50% or less of its value, it’s a frustrating time for real estate investors in Utah.  Particularly for investors and business owners who have a stated-income status, private money and hard money is slowly becoming the rule not the exception.

Those with the most leverage right now are finding themselves in a favorable position.  Utilizing hard money and other sources of private sources of leverage is crucial for getting ahead while others are falling behind. The problem is that literally overnight, a million sources of hard money have popped up. So who do you go to?

Despite all the flack that the ‘broker’ has always gotten, the experienced money broker who has lived through many market booms and busts is now an invaluable resource.  Providing another complete set of eyes, an experienced broker, with your best interest in mind can be the crucial piece to the success of your project.

Even though you may think you have the perfect exit strategy, what are you missing?

With no intermediary you are also more likely to be taken advantage of by the lender and you surely stand a higher chance of losing the underlying asset.

Any further insight on this topic is welcome.

Posted by Blake Reese