Private Money Lenders in Colorado Springs
You need to invest some capital to set up passive income streams or generate wealth. Real estate investment is one of the most popular passive income opportunities available today. You can buy a rental residential or commercial property, modify it to suit your target market, and earn profit for decades. Unfortunately, these kinds of investments require a lot of capital and you can easily hit road-blocks when you approach banks for assistance. We at Abbey Mortgage & Investments are reliable private money lenders in Colorado Springs. We have ample experience in the real estate industry and understand what kind of investment you will need. Our hard money loans are the best solution for large-scale real estate ventures.
How Are Private Money Lenders Different from Financial Institutions?
Private money lenders aren’t bogged down by red tape and regulations. We don’t prioritize factors like credit scores, bank account balance, or financial history. Our experts consider your investment strategy and the property’s potential instead, which means even people with bad credit scores have a chance of getting financial assistance. Our underwriting process involves:
- Understanding the Client – We take time to understand your plan, investment strategy, and experience in the industry. If you have a good track record of investments, we’ll be happy to work with you.
- Understanding the Investment – Our experts also assess the investment carefully to understand just how valuable it is. If you have a worthwhile strategy and a good property in mind, we will help.
- Level of Commitment – Some clients are reluctant to commit their finances to the venture, which is often a poor sign. We look at how serious you are about the project before approving a loan.
If you’re looking for some expert advice or need private money lenders in Colorado Springs, we at Abbey Mortgage & Investments can help. Contact us today to get a customized plan for your requirements.
