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If you’re in a bind, a hard money loan will support you. Hard money loans, even if you have credit issues, are simple, affordable, and easy to apply for. If you wonder if your financial issues are going to prevent you from applying in Martin County for a hard money loan, continue reading. Hard money...
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A national lender may seem like the right decision to make if you’ve opted to go the hard money lending route, but there is a world of difference when you stay local. To a national lender, you’re likely an account number. With local lenders, you have a potentially invaluable resource. For starters, a local hard...
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When evaluating the long term prospects of a fix and flip project, the floor plan is just as important as any potential physical issues you may come across. A house needs a relaxed and logical flow while appealing to potential buyers. This includes things such as the size of the room and its location, as...
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Some big news emerged last week involving real estate listing. The National Association of Realtors (NAR) announced its decision to ban “whisper” or “pocket” listings from the multiple listing service (MLS). With this ban, MLS participating brokers must submit listings to the MLS in at least one business day once the property is being marketed...
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As an intrepid investor, your net worth is determined by your network to a large extent. You will need to build relationships with colleagues and those who share similar goals to grow and expand. How do you break the ice if you’re not a social butterfly? Here are a couple of tips. Think about arriving...
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Are you thinking about flipping homes? You may wish to follow the unofficial rule of thumb: Investors should shell out 70 percent of the home’s ARV (after repair value), minus any required repairs. The ARV is the home’s worth after it’s been fixed up for sale. To provide an example, if a home’s ARV is...
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According to the website RealtyTrac, In October, the number of properties that received a foreclosure filing in Florida was 28% higher than the previous month and 14% lower than the same time last year. Among foreclosures in Florida, De Soto County made the top of list, with one in every 556 homes being in foreclosure....
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At Monroe Funding Corporation, we’re all about offering flexible financing needs. If you wish to secure a loan using your home or property equity but banks aren’t willing to give you a chance, we can help. We’ve helped numerous individuals with situations such as being self-employed, being in between jobs, little proof of earnings, and...
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With fewer than two months remaining before the arrival of 2020, you may be wondering whether a hard money loan is the right decision for your financing needs next year. Let’s take a look at a couple of reasons why you may wish to consider hard money lending. Hard money loans do not involve the...
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Based on assets, hard money loans are secured via private investors or businesses through property. Monroe Funding Corporation has an extensive history of funding acquisitions for real estate investors rapidly. A hard money loan can be overwhelming to someone who has never used this approach, but as long as you take a couple of things...
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