Many real estate investors, enjoy the benefits of multi-family properties. The rental market demand is high due to many who weren’t able to afford their homes and lost them by way of foreclosure or short… Multi-Family Home Loan Programs
Know Your Upfront Cost – Appraisals When you are looking for properties for your investment portfolio and researching private lenders, it’s important to know what information will be needed. Nova Money Lenders require a full… Full Appraisals Necessary
What documentation will you need for the loan process and underwriting? Typical documents include: Completed application, Sales Contract, or if you already own the property, HUD-1 Settlement Statement from the original purchase, Schedule of Real… Documentation Needed
Many people are curious about Private Money Lending interest rates. With private lending, the real estate investor will typically see higher interest rates than conventional lenders. This is because Private Money Lenders can’t charge interest… Interest Rates at Nova Money Lenders
As a real estate investor, whether you are in the business of rehabbing or building a portfolio of commercial properties, there are a lot of sub-contractors to deal with. On top of everything else going… Easy Application Process
As a real estate investor, whether you’re an experienced rehabber or completing your first fix and flip, understanding how a construction hold-back works is important to help you complete your project quickly and cost-effectively. You’ll… Demystifying the Renovation Draw Process
Most people have heard the expression “The best time to apply for a loan is when you don’t need it.” The best time for the investor to submit their paperwork to us is right away… First Steps with Private Money Lenders
What Makes Us Different Are you tired of going to websites that claim to have private money at your disposal? Nova Money Lenders gets you connected with our Private Lender Network (our OPM) which can… Why Choose Nova Money Lenders
Nova Money Lenders lends on various types of Projects Buying Property Nova Money Lenders provides short-term funding for the acquisition of both non-owner occupied and commercial properties. Cross-collateralization options are available for this program. Residential… Residential & Commercial Property Loans