Real-estate investment has been called the safest and most stress-free form of investment, but what if you don’t have enough capital and are on your way to the bank for a loan. Then hold on a minute and find out how you might profit more by getting that loan from a private money lenders in Houston:
• Banks acquire their funding from various investors at interest but place the burden upon their clients. For example, your bank acquires their funds at 3% and they break even by loaning at 6% but the rate you’ll be getting will be more than the combined 9%, like 12% or maybe even 15%.
• Banks are regulated by several governmental bodies so that we don’t get a repeat of 2008’s housing market crash. And therefore have stricter loaning policies that can drive up your interest rates and the down payment.
• Prominent private money lenders acquire their funds from other investors as well but also invest their resources, to offer you more feasible rates.