THAIFLOWERS

Posts Tagged ‘individual’

The first thing to appreciate is that, a leasehold development is a ‘wasting asset’. Nearly all buyers of properties trust the value will rise as the market goes up. But this is not always automatically true, chiefly if you have a shorter lease.

It is essential to appreciate in the first instance that, as the proprietor of a flat, you virtually without doubt have a lease with someone called the ‘freeholder’. Certain investors have a share of their freehold so they are considered both leaseholder and freeholder, however a short lease length should still be addressed.

Being in real estate investment business for quiet a long time, I have heard a lot questions about how to get a hard money loan and what the basic criteria are.

These people always talk about their personal background and they basically believe that like other loans, hard money loans are also based upon the individual.

But let me clear this once and for all, that hard money loans are based upon the asset or property you are trying to get a loan for. If you have found a good property, which has all the factors going in its favor, then you will get a hard money loan. No matter what your credit or job history is.