Bridge Loans: The Help that's right for You?
Wednesday, December 05
allow investors and developers the opportunity get their unrealized projects off the drawing board and into reality. These loans allow investors to take advantage of opportunities when funding is unavailable, for reasons of bad credit, speculative projects, or if the investment property is in po...
Loans For Flipping Houses: Why you should avoid the Bank
Wednesday, December 05
Many are enticed to get into the flipping business, either by reality television or the prospect of tidy profits. But few people just getting into the business have cash in their pocket to buy and remodel a house on their own, and most need financing. If you are new to the flipping business learn...
Construction Loans: The Benefits of Short to Permanent Financing
Wednesday, December 05
are a confusing issue, a Frankenstein of sorts among real estate financing, as they usually comes in the form of two loans in one, the first covers the cost of construction while the other loan is a long-term, conventional type mortgage. You risk less when you have refinancing built as part of y...
Simple Strategies to risk less when it comes to Fix and Flip Loans
Wednesday, December 05
More and more are getting into the flipping business, look at the statistics, In 2017 207,888 single family homes and condos were flipped, the highest number of homes flipped since the pre-recession heyday of 2006. The average profit made per flip last year was 68.143 dollars. That's serious mone...
Spec Home Financing: Why Private Money is the Real Deal
Wednesday, December 05
It's doubtful that any builder has the cash in on hand to construct a spec home out thin air. Most developers need some form of capital to bring their visions into reality, and like any other form of real estate financing, there are a variety of options. When it comes to there are three broad cl...
Construction Loans: The Dangers of Going off Budget
Wednesday, December 05
present a risk to both borrowers and lenders. As a borrower, you don't have any assurance that your project will go according to plan and your lender has nothing to fall back on besides a hole in the ground and the sky above it if you default. For these reasons construction financing is distribu...