Category Archives: Uncategorized

Life of an Investment

SOUTH ELM is a unique fin the market place.  It allows allows non-accredited and accredited investors to directly participate in real estate investment loans on a fractional basis via short-term, high-yield returns backed by real estate. Borrowers access flexible, quick, and reasonably priced capital.  Investors can earn returns of 8.5% to 18%. The Process:  A […]

Private Money Loans

Private money loans, also known as hard money loans or private money lending, are a type of financing used for real estate investments. These loans are typically offered by private individuals or small lending companies rather than traditional banks or financial institutions. Private money loans are commonly used by real estate investors and developers for […]

Bridge Loans

Bridge loans for investment real estate, often referred to simply as “bridge loans,” are short-term financing solutions designed to bridge a gap between the acquisition of an investment property and a longer-term financing option, such as a traditional mortgage or property sale. Real estate investors often use bridge loans to seize investment opportunities, renovate properties, […]

PPP Update

The House approved a bipartisan bill that would loosen requirements on hundreds of billions of dollars in small-business loans, responding to concerns from employers struggling to stay open during the coronavirus pandemic. The House bill reduces the level of Paycheck Protection Program funds that must be used for payroll to 60% from 75%. The bill […]

Update Hard Money Guidance

We have surveyed a number of lenders to find out which are still lending.. Below are some updated guidelines for most lenders. Max LTV for purchase & refinance bridge loans: 65% Max LTP (loan-to-purchase) for fix & flip: 80% Must have 20-40% down payment Max LTC (loan-to-cost) for rehab projects: still 100% for most lenders Max LTARV (loan-to-after-repair […]

PPP Update: Small Businesses should shop their funding needs.

The second round of the Paycheck Protection Program launched last Monday and has so far provided over 2 million loans worth over $175 billion out of the total $310 billion Congress authorized in the latest relief package. However, bank industry groups say the majority of the $310 billion is likely already used up given the high volume […]

Additional Relief Breakdown

Information regarding the second relief package: $484 billion: Size of the total relief package $310 billion: New amount allocated for Paycheck Protection Program $250 billion would be open to all lenders $60 billion would be reserved specifically for smaller lenders $10 billion would be reserved for emergency grants $75 billion would go to help hospitals […]


The American Bankers Association reported on April 12 that $205 billion of the $350 billion appropriated for Paycheck Protection Program (PPP) loans has been claimed. This number presumably represents applications that banks have processed and that have been approved through the Small Business Association (SBA). Keep in mind, approval by the SBA occurs before the loans are actually documented […]

SBA PPP Update 4/10

Starting Friday, self-employed and independent contractors are eligible to take advantage of Small Business Administration (SBA) loans, adding to the number of business owners receiving assistance from the federal government to stay afloat during the COVID-19 pandemic. Lenders say overall, the Paycheck Protection Program offering that assistance has been a success, but with any new program being […]