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Minneapolis Lenders Ready to Help You Thrive

As you may be aware, Minneapolis and similar areas have a number of challenges to face that are not as prevalent in other areas. This includes a weaker economy, volatile crime rates, and other problems that make it less likely for businesses, potential homeowners, and banks to be interested in this area.

On the other hand, you will always find people that are willing to take a chance because they have innovative solutions to certain problems, or know of others that can help them. Therefore, if you are a real estate investor with property in Minneapolis, there is no reason to give up on your dream of having a thriving business.

Are You In Need of Fix and Flip Loans?

If you have been buying up HUD houses, FSBO’s and foreclosed properties, then you are likely to have all kinds of valuable property that needs some extra care.

For example, you may need extra funds to:

* Put on a new roof and take care of mold/mildew problems

* Restore foundations and rebuild floors

* Install energy efficient windows and doors that will attract potential homeowners

* Keep properties landscaped and maintained for maximum appeal to potential buyers

Have You Been Searching for Asset Backed Lending?

Have you ever gone to a pawn shop? If so, then you already know the shop owner isn’t concerned about getting his/her money back. As long as the shop owner has collateral, they can sell it off and still make a profit if you aren’t able to repay the loan. In a similar way, asset backed lenders know that they can always resell property used for collateral—even if you aren’t able to pay back the loan.

Needless to say, if you already have a firm buyer for any given piece of property, but need short term funds, then you don’t need to worry about losing out. As long as you complete the transaction, your assets will be safe and you can make an enormous profit.

Can’t Find a Hard Money Lender Minneapolis?

Today, there aren’t many options for real estate investors in Minneapolis. You can go on hoping for a bank loan even as your properties move closer to being condemned for code violations or back taxes. Or, you can look for a hard money lender and get the money you need to:

* Repair buildings and bring them up to local codes

* Get rid of all back taxes and liens so that you can give a clean deed to potential buyers

* Make the property more appealing to buyers who are able to secure a bank mortgage

* Attract business buyers for properties ideal for commercial development

Are You Ready to Move Your Real Estate Business Into the Success Zone?

No matter how you look at it, your business in real estate investing will not succeed unless you take some risks. Since the banks are afraid to take a chance, then you will need to find lenders that are willing to believe in you and your plan to making a profit.

If you are a “land poor” real estate investor, you have nothing to lose by putting one or two properties up for collateral on a hard money loan. At the very least, once you make a decent profit on these properties, you can move onto more valuable ones in your catalog.

Regardless of where you look, you are bound to see increasing signs of yet another economic collapse. It does not matter if this collapse occurs because of immersion in another foreign war, job loss owing to healthcare reform, or imminent nuclear fallout from Fukushima. The only thing that matters is getting funding for properties that can be sold off before another disaster happens. Just give us a call today or click on Apply Now to find out we can do for you.

Do you need a Hard Money Loan for your next real estate purchase or refinance fast?