Resources
Learn more about hard money lending and real estate investing. See how we can help finance your next real estate investment.
The Importance of Finding the Right Hard Money Lenders
At Turning Point Lending, we understand that choosing the right hard money lender is key to reaching your real estate goals. Hard money loans offer an efficient, flexible solution for investors aiming to acquire, rehabilitate, or construct properties quickly. But not all lenders are the same, and working with the right partner can make a world of difference in your project’s success. Here’s why finding the right lender is so important, and what you should look for when making your
Getting Started in Real Estate Investing: 9 Tips
Are you intrigued by the potential of real estate investing? Wondering why so many individuals are drawn to this dynamic and rewarding venture? If so, you’ve come to the right place. Let’s explore the essentials needed to embark on your real estate journey. From financial resources to market research and networking, we’ll guide you through some helpful tips to lay the foundation for your success. Getting Started in Real Estate Investing: 9 Tips 1. Financial Resources You can’t become a
Investors Need to Re-think Their Philly Investment Strategies
Historically, the City of Philadelphia has been a hotbed for real estate investment. Due to its housing density, age of its housing stock, and demographics, there were unlimited opportunities. If you were a new construction developer, there were ample lots available to develop. Landlords were able to build large portfolios. Flippers were able to find distressed properties in almost every neighborhood. And today, those same opportunities still exist. However, what no longer exists is the same climate that has historically
What Types of Properties Can Be Financed With Hard Money Loans?
If you’re interested in purchasing a property to start your journey as a real estate investor, you may want to consider using a hard money loan to fund your purchase. But what properties can be purchased with money from a private money lender? Learn more about the properties you can purchase and how using hard money for real estate investment works. What Types of Properties Can Be Financed With Hard Money Loans? In general, a hard money loan can be
How Do I Ensure That I Can Repay a Hard Money Loan?
A hard money loan can get your real estate venture off the ground, but the drawback is that this loan will probably have a short term. Since you will need to pay back your loan quickly to avoid defaulting on the loan and your new property, you will need to be thoughtful when you are making an exit strategy. There are several exit strategies to explore. How Do I Ensure That I Can Repay a Hard Money Loan? When you
Real Estate Investing Mistakes To Avoid for Long-Term Success
Investing in real estate is one of the best ways to ensure you have a steady cash flow in the future, but newbie fix and flip real estate investors are prone to making costly mistakes. If you want to enjoy long-term success in real estate investing, you should be aware of the mistakes you need to avoid. Real Estate Investing Mistakes To Avoid for Long-Term Success Mistakes in real estate investing can have hefty financial consequences. Whether this means you
Finding the Right Market: Why Location Matters in Real Estate Investing
It’s no secret that location is a critical part of any real estate decision. Fix and flip projects in particular have unique factors to consider for real estate investing. The location can impact the potential resale value, the difficulty of the project, and your overall experience. Before moving forward with fix and flip loans, consider the type of investor you are and your end goals. 10 Reasons Location Matters in Real Estate Investing for Fix and Flip Loans 1. Population
Building a Home in 2023? Here is What You Can Expect
Whether you’re struggling to buy a home in today’s competitive market or can’t find a house that meets your needs, starting from scratch offers you the opportunity to design your dream home. A case can be made in favor of opting for a new build, but if you’re like many homebuyers, you likely have questions. The most important is, “How much does it cost to build a house in 2023?” Building a Home in 2023? Here Is What You Can
Real Estate Investing Mistakes To Avoid for Long-Term Success
Long-term success in real estate investing requires knowing a lot about yourself and your strategies. It requires you to have patience, understand your budget, and build a real team. If you’re going to tackle fix and flip projects, you need to avoid the predictable mistakes new investors fall into. 10 Real Estate Investing Mistakes Fix and Flip Investors Need To Avoid for Long-Term Success 1. Not Managing Your Expectations A lot of people are very aware that they shouldn’t expect