The simplest way to define a bridge loan is as a short-term loan providing temporary financing until a permanent financing solution can be secured. These types of loans provide quick financing and they allow a prospective property owner to borrow against the equity in an existing property in order to finance the purchase of a […]
One of the most common reasons investors choose hard money loans is time. Hard money loans close significantly faster than a traditional loan, which can take months. A hard money loan, on the other hand, can be approved in a matter of weeks. Savvy investors know that time is of the essence when lucrative real […]
When upgrading a property for maximum return on investment, bathroom remodels are arguably among the safest and most valuable bet, in terms of interior investments anyway. Whether it’s a project you intend to do yourself or whether you’re planning on hiring a professional, there are some points to consider before tackling a bathroom remodel. A […]
Have you been considering a property to possibly fix and flip or put up a front? If so, you probably have a firm grasp of the repair work it will entail. Have you thoroughly evaluated what it would take to fund all of the repairs? Going with a hard money lender is worth exploring, and […]
Depending on your familiarity with real estate, you may have heard the term “free and clear”. If you’re new to the world of investing and real estate, that may not make much sense to you. Free and clear is simply another way of saying that the property is free of any legal attachments that may […]
Hard money loans are aimed at a specific group of buyers and owners. Just like any loan, they may not be the right choice for everyone. However, if it’s a type of loan you’re considering, it’s important not to believe the myths attached to them. For one, hard money loans are not necessarily for people […]
Real estate investing may seem intricate, yet a large portion of investors have a tendency of losing money in several different ways. If you’re still getting your feet wet with investing, be careful to avoid the following risks. Not properly budgeting repairs. Unless your intentions are to focus solely on turnkey properties, chances are you’re […]
Listing or selling price aside, have you ever been curious about the true value of a parcel of vacant land? It’s an imperative question as this will determine many other factors in your investment, such as how much you should offer, its future listing price, and ultimately, how much profit you’ll make. As opposed to […]
Real estate investing is a lucrative business, but there is a common misconception that it requires a tremendous amount of money in order to begin the investing process. Contrary to popular belief, many successful real estate investors use very little of their own money or capital. Professionals have perfected the technique of using other […]
Being able to accurately estimate repairs is a major component in building a successful rehabbing career. Profits are maximized, there is potential for greater opportunities, and you’ll be better able to choose the most lucrative projects. Investors with plenty of experience under their belts can evaluate a single-family property and determine a rough rehab estimate […]