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Be A Part of Hard Money Loans - Groundfloor

If you are looking for a lender who is trustworthy in their work, you have come to the right place. Groundfloor is a non-bank organization that provides real estate loans. These hard money lenders give their borrowers loans for fix to flip and fix-to-rent in Cincinnati.<br>Visit here: https://borrowers.groundfloor.com/cincinnati<br><br>

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Be A Part of Hard Money Loans - Groundfloor

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  1. Cincinnati Hard Money Lenders For Fix And Flip Or Fix To Rent - Groundfloor

  2. For fix and flip, the primary source of funding for borrowers is a hard money loan. These are high-interest, short-term loans that are ideal for asset flipping. Let's get into it.

  3. About Hard Money Loans: Hard money loans are excellent options for borrowers seeking financing for the purchase of a home, repairs, carrying costs, and other expenses associated with a fix and flips or fix to rent.

  4. Hard money lenders are not the same as traditional banks. Their loans are intended for real estate investors who require funding to cover the costs of purchasing and repairing a fix-and-flip property. These are typically intended for short-term use.

  5. Groundfloor, a hard money lender rarely requires good credit or a solid employment history because they will use the property as collateral to mitigate risk.

  6. Another reason why many borrowers prefer hard money loans from Groundfloor is the speed with which they can be funded. The average hard money loan is funded within a few weeks of application, and some can be funded in as little as a few days.

  7. Hard money loans are typically shorter in duration than traditional loans, maturing in months rather than years. As a result, they are preferred by individuals such as real estate developers who intend to hold onto the property for only as long as it takes to renovate and resell it.

  8. If a renovator wants to keep the property for a while, they can obtain hard money loans to complete their projects, then refinance the loan with a different, more traditional lender to take advantage of lower interest rates.

  9. Groundfloor is a hard money lender that works with individuals looking to complete short-term residential real estate projects. Borrowers benefit from flexible terms, quick closing, and competitive interest rates, as well as the option to defer payment until the end of the loan term rather than paying monthly.

  10. Groundfloor carefully monitors each loan and maintains active communication with borrowers about the project's progress. They try to be proactive in identifying and addressing potential issues.

  11. Contact Us: Phone no.: 404-850-9225 Email: support@groundfloor.us Address: 600 Peachtree St NE, Ste. 810 Atlanta, GA 30308

  12. THANK YOU

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