Do you know how to calculate your hard money loan amount? In this video, hard money expert Mike Bonn shows you how real estate lenders determine the amount of money they will offer to fund your real estate investment.
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VIDEO CHAPTERS
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0:00 - Intro
1:02 - What is the maximum loan value/ARV?
2:15 - Example of maximum loan value/ARV
3:38 - What a real estate lender actually lends to investors - 90/100
8:17 - 80/100 - Example of a hard money loan
10:56 - How to calculate carry costs
12:34 - Email us to help look at your hard money loan
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WHO WE ARE
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How to invest in real estate the RIGHT way. That's what we're here to do. For 23 years, Hard Money Mike has provided topnotch lending services to real estate investors across the United States. We offer the best options in private lending for fix and flips, rentals, and other value-add properties. Plus, we can fund bridge loans in 10 days or less! If you’re looking for quality, FAST loans with the highest loan-to-values and best rates, then our team is ready to help. No experience required!
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By: Hard Money Mike
Title: How to Calculate Your Hard Money Loan Amount
Sourced From: www.youtube.com/watch?v=EQ0GEq-aA30
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