Resources
Learn more about hard money lending and real estate investing. See how we can help finance your next real estate investment.
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
How Difficult Is It to Get a Hard Money Loan?
Real estate investors and property developers often use hard money loans to finance their projects. Because this loan is secured by the property that is being purchased or renovated, it’s easier to obtain than a traditional mortgage. Fix and flip loans are suitable for beginners as well as experienced investors. How Difficult Is It to Get a Hard Money Loan? Hard money lenders take on less risk than mortgage lenders because the loan is secured by the property and gets
Characteristics of Quality Hard Money Lenders
Hard money loans are used by real estate investors and developers who want to scale their businesses. Unfortunately, some lending companies use aggressive tactics and unfair terms, so beginner investors are often scared to take out a loan. Today, we’ll discuss the characteristics of quality hard money lenders, so you can avoid predatory companies and find the best options in your area. Characteristics of Quality Hard Money Lenders Fixing and flipping houses can be extremely lucrative. Investors often make a
Hard Money Lending: Do You Need a Certain Credit Score to Get a Loan?
Hard money loans are different to traditional mortgages because they are designed to be repaid typically in less than 18 months. If you’re a property developer or an investor who rehabilitates homes and then sells them for a profit, hard money lending could be right for you. But what are the eligibility criteria? Do you need a certain credit score to qualify? Hard Money Lending: Do You Need a Certain Credit Score to Get a Loan? An individual’s FICO score
What Are Bridge Loans and When Should You Consider One?
Individual investors and small real estate businesses sometimes use bridge loans when they need short-term financing. These loans are approved much faster than traditional loans, so investors don’t have to delay their property purchase. Because a bridge loan is only used for a short time, borrowers pay very little interest overall. Read on to find out more about this financial product and whether you’re eligible. What Are Bridge Loans, and When Are They Used? A bridge loan is a short-term
What Are the Benefits of Fix-and-Flip Loans?
In the past few decades, thousands of people have secured their future with short-term property investments. You can make a 10-20% profit within six months to a year by buying a distressed or run-down home, doing it up, and selling it for a higher price. To get started, you’ll need financing. Fix-and-flip loans are often best because they are made specifically for short-term investors. These loans are secured by your property, so you can access them even if your FICO
6 Advantages of Going to a Private Money Lender
Do you think you could benefit from getting a fix-and-flip loan? Do you need a new construction loan? Are you frustrated by the lack of options offered by financial institutions? If so, you may need to go to a private money lender for a loan. If you’re on the fence about going through a private lender, keep reading to discover the answers to some of the most frequently asked questions in the industry. 6 Advantages of Going to a Private
How to Find the Best Hard Money Lender Near You
When you flip a home or you develop and build a new house, you can accelerate your project by taking out a loan from a hard money lender. This is different from a mortgage because it doesn’t last for more than a year or 18 months, and it can include the costs of building and renovation as well as the price of the property or land. To get started, you will need to find the best hard money lender near