Renovations that truly add value-like modern kitchens, open floor plans, and energy-efficient upgrades are making the difference in selling faster and at top dollar.Financing & Interest Rates: The higher cost of borrowing has made tight budgeting more important than ever.

For those that qualify for conventional financing its another negotiation tool, for those that do not its a way to get into real estate but many do not understand what it is they are signing up for.Regarding it being good for an owner, again it goes back to the borrower, if I have a borrower with 800 credit and I control cashflow its far different than someone with 540 credit.

In Tampa here as well.That is a question for your asset protection attorney, but most of our borrowers/clients in FL have LLCs.

If I want 10% return and the note is a 10% note and I have to pay a commission, borrower pays off tomorrow I lose $.

Can you borrow from it?

I agree, it could be possible but I have yet to see a deal that really works when the borrower is borrowing 100% financing on a deal as the lender is going to have much higher rates and default rates.

can you layout your typical transaction with these folks its unclear from your post how these were set up.. are you a borrower and they are the first position lender on flip deals ???

I found some interesting countertrends this week.Let’s get into it.The Weekly 3 in News: - 73.3% of U.S. mortgage borrowers have an interest rate under 5.0% (Lambert).- Most housing markets are significantly undersupplied for new lots to develop, including Nashville.

HELOC money is borrowed money.

The renter has given you the money to cover your borrowing costs and pay for the home's upkeep.