If you need to close fast. While applying for a loan at your typical bank may take months for them to review your loan application, CambridgeHomeLoan.com offers the same day fix and flip | fix to rent |hard money loan approval, and we can fund within 5 days.  

If the property isn’t stabilized. Many times, it’s not just a question of time, but it’s the actual property or asset that you are purchasing that a traditional bank just will not finance.  Some examples include a property that requires additional funds to rehab, ones that are missing a Certificate of Occupancy (CO), or others that do not have a strong rental history.  Hard money lenders such as CambridgeHomeLoan.com will be able to fund the property when a bank can’t.

What if my credit is poor.  CambridgeHomeLoan.com understands that there are events in people’s lives that negatively influence their credit score. Therefore, we are mostly concerned with the value of the real estate asset, rather than debt-to-income ratios when considering funding a loan. FICO always plays a role, but not nearly as much.

What If I don’t want to have a loan in my personal name.  A traditional bank is most likely to require that your investment property be owned directly by the individual they are making the loan to.  This is a liability risk to any investor. Setting up a property in an LLC. is just good business sense and whether you are buying your first property or your fiftieth, setting up an LLC. helps protect you from a myriad of pitfalls if one were to occur. Obtaining a hard money loan to acquire your property in an LLC. will help you protect your assets for the long term.