Why Smart Texas Private Money Lenders Insist on Title Insurance
Tuesday, February 19
Most require title insurance in order to fund a deal. Although there’s some debate on the merit of this practice, it’s essential because it protects both you and the lender.Although land and property transactions began occurring in the United States for almost all recorded history, the concept o...
Top 4 Tips to Get Your Texas Hard Money Loans to Close Faster
Tuesday, February 19
One of the biggest benefits to using is that they can get cash in your hands quickly. To keep the process moving smoothly, come to the table prepared.1. Establish a main point of contact. Most lenders will pair you up with someone, be it an account manager, broker, or assistant. It’s important t...
Can You Really Use Texas Hard Money Loans to Flip Hoarder Houses?
Tuesday, February 19
Hoarder houses can be such a disaster that it’s difficult to assess what needs to be done before it’s cleared, but that doesn’t mean they’re not good investment properties. You can use to fund the deals as long as you’ve prepared a solid plan.Under ordinary circumstances, you’ll have a good idea...
How to Spot Scam Texas Hard Money Lenders
Tuesday, February 19
If you’ve worked with before, you know how they operate, but if you’re applying for a loan the first time, it can be difficult to know what to expect. Arm yourself with the information you need to spot a bad deal, so you can have a successful venture.Outright scams are incredibly rare when it co...
Why Do Texas Hard Money Lenders Prefer to Work with LLCs?
Tuesday, February 19
Some will only work with LLCs or Limited Liability Companies as opposed to consumer borrowers. The good news is this doesn’t have to be a barrier to your success; establishing an LLC is easy.Consumer loans are subject to different regulatory guidelines than commercial loans are, so it’s quite co...
Getting Started with Real Estate Investing
Tuesday, February 19
You watch television, listen to your neighbors chat, and read about it— fixing and flipping properties. And from everything you see and hear it looks and sounds glamorous and like the fastest track to wealth.Glamorous? Probably not. It takes a lot of sweat and tears to become successful in the re...