Why Use Hard Money?

Benefits of Leveraging Hard Money!

1)

Convenience – Applying for a mortgage is time-consuming, particularly thanks to new regulations on mortgage lending implemented as part of the Dodd-Frank Act. It can take months to close on a loan, which puts investors at risk of losing out on a particular investment property. With a hard money loan, it’s possible to get funding in a matter of weeks. That’s important if you’re funding a large-scale development project and can’t afford deviations from the timeline to completion.

2)

Flexible terms – Hard money agreements can also be more flexible than traditional loan agreements. Here at House Tur Investments, LLC credit score or personal debts ranks lower on our criteria for approval.  Depending on your situation, you may be able to tweak things like the repayment schedules. We negotiate with our investors if their are any payment conflicts unlike a large corporation with strict policies.  

3)

Collateral – With a hard money loan, the property itself usually serves as collateral for the loan. Of course, we want to make sure you have the ability to pay the loan through analyzing your business and personal assets. This becomes important because it helps leverage your money to produce more deals and increase your cash on cash return. 

Modular Homes

Property Details

29 W 103rd PL is in the dead center of one of the most booming counties in all of Illinois! The real estate market in Cook County is seemingly skyrocketing in demand. With Covid-19 rattling the market and raising the market prices, being able to acquire this 4-bed /2-bath in a

Loan Amount
Rehab Amount
After Repair Value
Payment Amount
Interest Rate
Rehab Coverage
$117,500
$50,000
$230,000
$1,370.83
14.00%
100%

Market Analysis

Year Build
Lot Size
Country House

Property Details

29 W 103rd PL is in the dead center of one of the most booming counties in all of Illinois! The real estate market in Cook County is seemingly skyrocketing in demand. With Covid-19 rattling the market and raising the market prices, being able to acquire this 4-bed /2-bath in 

Loan Amount
Rehab Amount
After Repair Value
Payment Amount
Interest Rate
Rehab Coverage
$117,500
$50,000
$230,000
$1,370.83
14.00%
100%

Market Analysis

Year Build
Lot Size

FUNDS & VEHICALS

IRR has been calculated based on the past performance of fully realized deals.

INDIVIDUAL DEALS

IRR has been calculated based on the past performance of fully realized deals.

TAILORED PORTFOLIOS

IRR has been calculated based on the past performance of fully realized deals.