Tuesday, December 15, 2009

Insurance Agent and National Company

The local agent is able to make a commission off the insurance and it is also giving funding to insurance companies that is actually being paid and helping to keep the insurance companies in good financial standing.

How Real Estate Investors are Helping the Economy

We want to help our borrowers earn $26,000,000 in profit by December 31, 2012. When we say profit we mean NET not gross. In doing that Do Hard Money.com is providing financing on properties that no one else will finance. There are 11 catagories that are helped by an Investor doing a Rehab and Retail investment. Over the next few days we would like to talk about each one of them

1. The Bank or Pervious Owner

The Bank or owner is in financial distrees. The sell puts much needed capital back into the bank or owner so they can be more solid financially in there company or household.

Attacks on Do Hard Money.com from other Lenders

As Do Hard Money has been expanding into additional states we have been met with some resistance from other Hard Money Lenders. These lenders have criticized Do Hard Money lending practices as “irresponsible lending”, or “not the norm” other have criticized that Do Hard Money is “adding to the problems this country is facing” .

At the end of the day we take all of these criticism as complements. First off not one of the criticisms comes from borrowers; they all come from other hard money lenders. The root of the problem the other Hard Money Lenders have is that we will do financing with no money down from the borrower. Secondly that we do not require any monthly payments. Our company was built by real estate investor’s not retired bankers and people from the financial sector. We realize that equity in a property you are purchasing has value just like cash. We also realize that rehab and retail investors run into problems and challenges along the way so not having to make payments are a major benefit. In addition many rehab and retail investors get so into the project they forget what day of the month it is because they are working round the clock.

We are not aware of any other Hard Money Lender that offers what Do Hard Money.com does for investors. I am sure that is why we are causing such a stir for other Hard Money Lenders. We are different! We are not the Norm and we will never be.