Private Money Lending Program
The Secrets to Earning 10-12% or more Return on your Investment
EARN HIGH RETURNS WITH AN INVESTMENT SECURED BY LOCAL REAL ESTATE
As a full-time real estate investing company, Home Solutions of Virginia purchases multiple properties per month. With the use of private funds, we are able to bypass traditional banks, streamlining the property buying process. Since using private money is such a benefit to us, we are able to offer our lenders a very high return on their investment.
So what is a private loan? It is a loan made to a real estate investor secured by real estate. When you choose to invest with us, you receive a first or second mortgage that secures your legal interest in the property, and your funds are used to purchase, renovate, and sell the property. Your investment will be collateralized against the property, and you will lend on a very low Loan-to-Value ratio making your investment VERY SECURE. We offer very low Loan-to-Value (LTV) ratios to our Private Lenders to increase security of the loan. Our standard LTV ratios are under 75% of the value of the property securing the loan and frequently as low as 60% or less. This means additional security on the investment.
For example, if a property is valued at $100,000, our Private Lender will never have to loan more than $75,000 on the property. That’s a 75% Loan-to-Value ratio. This is obviously a much safer approach from that taken by conventional lenders. These traditional banks get into trouble because they make loans at an 85%, 90%, or even 100% Loan-to-Value ratio leaving them no equity for transfer costs, if they are ever forced into a position where they have to take back the collateral property.
As a lender, it is in your best interest to minimize risk and maximize return and this is why a loan should never be made without a 25% safety net. We don’t violate this rule, because your security is at stake.
Private lending is an incredible way to build wealth in a way that most people aren’t aware exists, and this is just a quick introduction to the topic and how we use it within our company. If you want more information, please don’t hesitate to contact us by calling 804-781-HSVA (4782) or emailing us at ron@hsvaLLC.com.
Home Solutions of Virginia is a company that has a passion for taking part in the revitalization of Richmond, Virginia and its surrounding areas. With the use of private funds, we are able to purchase undervalued properties and renovate them back up to market standards, improving the overall quality and appearance of the neighborhood in the process. We take pride in providing this valuable service to our communities in the central Virginia area. You can do your part to contribute to the prosperity of your surrounding areas by lending to your local real estate investors.