What Loan Should I Take for Flipping a House?
Purchasing a distressed property, fixing it, and then selling it for a quick profit can be very rewarding financially. But successfully flipping a house requires a well-thought-out plan and a source of short-term financing. This article provides insight into the types of loans and the costs to expect with a fix and flip house. What […]
What Are the Pros and Cons of Fix and Flips vs. Rental Property?
For the home buyer, rising home prices, mortgage rates, and somewhat cooling rental rates have significantly changed the decision-making process. According to the Wall Street Journal, the median monthly mortgage payment increased to 1.44 times the monthly asking rental payment at the end of the second quarter of 2022. Market data is one aspect to […]
How to Find Private Money Lenders and Finance Your Deals
Finding suitable financing for your real estate investments can be challenging in today’s business environment. That’s where private money lenders can make a big difference. This article spells out how to find private money lenders and finance your deals. What Are Private Money Lenders? Private lending is provided by individuals or investment companies, not banks […]
Real Estate Investing and Financing
In today’s turbulent investment environment, from bitcoin bubbles to gyrating stock prices, real estate investing continues to make sense. There’s a great deal of wisdom in the country song “Buy Dirt.” For all that, how do you get started in real estate, and what are the financing options? This article addresses both questions and provides […]
What Are The Typical Interest Rates for Fix & Flip Loans?
We’ve written about rising interest rates in our recent article, The State of Private Lending 2022. You’ve seen the headlines as inflation continues and mortgage rates rise. Even so, there are still plenty of opportunities in the fix-and-flip market. For example, as home building declines, more builders are eager to work on your projects. Plus, […]
Construction Loans: What You Need to Know
Building your own home offers plenty of rewards, from making your own space to ensuring everything is done right from the start. But it also requires financing that matches the needs of the project. That comes from a construction loan. This article examines construction loans, the types available, requirements, and what to ask a potential […]
Can a Real Estate Agent Flip Houses?
There are no rules prohibiting real estate agents from buying and flipping houses. The caveat is that should a homeowner list their home with a real estate agent who then buys the home for a flipping project, it could represent a conflict of interest. That’s why many states require disclosures for realtors when purchasing or […]
How Does Hard Money Lending Work in Real Estate?
If you’re looking for quick financing for your real estate projects, from fix and flip efforts to commercial property development, hard money lending could be the right option. This article addresses how hard money lending can work for your real estate projects. What Is Hard Money Lending? Hard money lending is based on short-term high-interest […]
Guide to Flipping Houses in New York
According to the latest home flipping report from ATTOM, the property database company, the home flipping rate in the first quarter of 2022 was at the highest level since 2000, representing 9.6% of all home sales. That represented nearly a 7% increase from the previous quarter and almost 5% from the first quarter of 2021. […]
12 Ways to Maximize Profit on Your Rental Properties
Whether you’re presently managing one or more rental properties or considering purchasing rental properties, this article provides a list of ways to maximize your profit and, along the way, simplify your management challenges. 1 – Find the Right Properties While your potential rental properties might not be in the Top 10 Rental Markets we’ve identified, […]