Searching For a Reputable and Trusted Resource for Hard Money Loans? Private Money Utah Is Your Source!
New Private Loan Programs in Utah – as low as 9.99% APR
12 Mar 2011 | No Comments | posted by Corey Curwick Dutton | in Feature
FFor real estate investors in Utah, 2011 is full of opportunity. Unfortunate for some, more foreclosures are expected this year over last year. This represents opportunity for real estate investors who are looking to pick up as much discounted real estate as they can while the getting is good.
However, many real estate investors have also had their credit hit hard in the last several years and bankers have shut their doors. Private and hard money lenders in Utah have come forward to assist real estate investors to take advantage of opportunities. Private Money Utah has a new program that offers real estate investors in Utah loans starting at 9.99% APR and up to 80% of the purchase price in some cases.
Some real estate investors are cash poor, so they are teaming up with hard money lenders and another cash partner. By forming a Limited Liability Company (LLC) to hold Title to the real estate owned, all partners in the deal have a way to protect their interests. Private lenders also feel more confident lending to an LLC versus an individual because the transaction is assumed to be an investment rather than a owner occupied property.
To submit a loan request to us and receive the fastest response, click on our “Loan Request Form” page on this site. Take advantage of the real estate investment opportunities in 2011 by leveraging private money.
Posted by Corey Curwick on March 12, 2011
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