Leverage: in a fund structure, loans last longer than 6 months. If you have $10 million to invest, a credit company may give you a credit line of $10 million. However, the credit company is in first position should something go wrong.
Leverage is a business term that refers to how a business acquires new assets for startup or expansion. When a business is "leveraged," it means that the business has borrowed money to finance the purchase of assets. Businesses can also use leverage through equity, by raising money from investors.
Bill talks about a leverage situation that occurred in 2008. And the collapse that happened as a result.
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
