A sum of money lent by a bank or other lending institutions to cover an interval between two transactions. Most often it includes the buying of one house and the selling of another. Also known as Bridge Financing, Bridge Lending, and Short-Term Bridge loans.
Something that is pledged as security for the repayment of a loan, and is then forfeited in the event of not fulfilling obligations.
Providing a loan where the collateral serves as protection for a lender against a borrower’s default. For example, any borrower failing to make any payments under the terms of a loan obligation. Also know as Collateral Financing.
Commercial real estate is usually space that is leased out to individuals or businesses.
An investment in a for-profit enterprise involved in the buying/selling of commercial real estate that is expected to generate cash flow.
When an individual and/or institutional investors sell bonds, bills, or notes to a firm that raises money for working capital or capital expenditures.
A property that is in poor financial or physical condition.
Refers to the sale of an ownership interest to earn funds for business means.
Provide funding for a person or enterprise. Also known as funds.
When the homeowner is unable to make full principal and interest payments on their mortgage. This then allows the lender to take possession of the property, evict the homeowner, and sell the home. As it is specified in the mortgage contract.
Fix and Flip
This is a type of real estate investment strategy, in which an investor purchases distressed properties that need renovations done, and then intend on reselling them for a profit.
Hard Money Lender
Hard Money Lenders are lending companies that offer a type of real-estate backed loan. They are usually short-term lenders that provide funding based on the value of the collateral or real estate involved. Other common phrases used are Private Lenders, Private Financing, Business Lending.
Hard Money Connecticut
Hard money lenders that provide funding in the state of Connecticut.
Hard Money Maine
Hard money lenders that provide funding in the state of Maine
Hard Money Massachusetts
Hard money lenders that provide funding in the state of Massachusetts – Focused, but limited to, Boston and surrounding areas
Hard Money New Hampshire
Hard money lenders that provide funding in the state of New Hampshire
The process of investing money for profit. Another common term is Investor Loan.
When two or more parties undertake jointly on a commercial enterprise.
Debt capital that gives the lender the right to take ownership or equity interest in the company if the loan obligation is not paid back in full and on time. It is generally subordinated to banks and venture capital companies because they are senior lenders.
The owner does not occupy the property.
Loan used to renovate a distressed property. Other common phrases used are Construction Loan, and Construction Financing.
The action of renovating a building. Similar terms include Complete Renovation, New Construction, Rehab, and Land Development
Real estate that is designed for people to live in.
Investment in residential structures such as single-family and multi-family units, expenditures on manufactured homes, and improvements to housing units.
Building homes that are built in anticipation of finding a buyer, or not having a buyer lined up to purchase they home.
A service that usually involves highly complex financial transactions that are offered by many large financial institutions. Mostly used for companies that have unique financing needs. Other common phrases include Financial Solutions, Standard Loan, and Finance Arrangements.
an area of land divided into multiple plots.