Tag: commercial property acquisitions

Acquiring commercial property often means obtaining considerable financing. Borrowers have options including traditional lenders and their hard money counterparts. One of the advantages of going the hard money route is working with a direct lender. A direct lender is a lender that works directly with borrowers, without the need for third parties or intermediaries of any kind. There are no brokers involved. There are not multiple layers of underwriters, loan officers, etc. In many cases, borrowers work directly with lending firm owners. Eliminating all the intermediaries makes for an interesting arrangement...