Builders, Developers, Individuals and Legal Entities often have opportunities arrive at inopportune times, that is, when their liquidity is otherwise allocated and time for your new opportunity is short. When you have equity locked up in your real estate assets, it may be accessed in a rapid fashion (days not weeks). These loans are much cheaper than Business cash Flow / No Asset Loans, yet more expensive than traditional loans. MonsterMike works with you to get things done.
The are very similar to Hard Money Loans except for larger loan amounts often supporting larger Commercial projects. Loan terms vary widely based upon experience and the proposed project itself; terms might offer, or ask for, an equity participation (ask or offer to own part of the project). These are not as fast as Hard Money loans because the project and principles must be quantified.