Being a hard money lender, our team at Murk Investments Corp wanted to give you a go-to page where you can read some fast facts on hard money loans. A hard money loan is a short-term asset-based loan funded by private individuals or other financing through a broker where the loan is secured by real...
Category: Loans
What Type of Insurance is Needed for a Hard Money Loan?
A hard money loan is an asset-based type of financing where the loan is secured by real property and is for business purpose use only. In order to additionally protect their investors, a hard money lender requires any borrower to insure the non-owner-occupied property for the life of the loan.The hard money lender will generally...
Carlsbad, CA Bridge Loan Funding
$584,000 1st Position Loan No Prepayment Funded NET – NO up front costs to Borrower Borrowers purchased this property before listing and used the loan to secure the property quickly and hassle free to the sellers.
Del Mar, CA Construction Loan Funding
$2,000,000 1st Position Loan No Prepayment Funded NET – NO up front costs to Borrower Borrowers had a construction loan coming due from a different lender. We beat the previous loan’s terms and closed in 8 business days, syncing up with the payoff of the previous loan.
Looking to add passive income to your portfolio?
Investing in trust deeds is a great way to maximize returns and create immediate and long term income. Trust Deeds are secured by real estate, ranging from residential, commercial, multifamily, industrial properties. At Murk Investments Corp., we only originate first position trust deeds, more secure than a second position note. As an investor, once a...
How to qualify for hard money?
What we look at the subject property. Is the property in a good location? What kind of neighborhood is it located in. Is the property in an up and coming neighborhood or an established neighborhood?