How Hard is Hard Money? Harder than Traditional?
Wednesday, November 06
Chatting up around the water cooler one might hear debates about hard money vs traditional lending. Both seasoned investors and rookies alike are immersed in this world of lending. One major difference is the “beast” of underwriting, but with the right tools it becomes a breeze to understand! W...
Revolving the Flippin’ Door
Wednesday, November 06
A recent news article about the home flipping buzz in the United States got me thinking about mitigating risk while facing a tightening profit margin. If you’ve just finished binge-watching your favorite HGTV flipping series, beware! Home flipping is not for the faint of heart! It can have many p...
Construction Draws: Where’s the Rest of It?
Wednesday, November 06
“Where’s the rest of it!?” This is a frequent question from new borrowers after receiving rehab funds from a recent construction draw. The construction draw process can result in a lot of questions from new investors, which is why the accuracy of your construction budget and your ability to be “h...
Hard Money Lender Expectations as a Newer Investor
Wednesday, November 06
Like shopping for cell phones, finding the right Hard Money Lender (HML) can be quite perplexing. With all details in hand, there still never seems to be a true apples to apples comparison on which plan is “better”. It’s not just simply lining up the monthly costs side by side to decide. There ar...