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Investing in fix and flip properties can be a reliable way to make income, especially if you are looking for more flexible work and have the time to make such an investment. Flipping houses require the right planning, know-how, and access to funding. Traditional mortgages fall short when it comes to these properties, so what...
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Standing out is important for any buyer, whether you are purchasing your “forever home” or looking to make an investment by flipping property. Multiple offers and bidding wars have quickly become a common part of the home buying process because there has been a high demand and low supply of homes throughout Florida, especially in...
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A mortgage is a loan that can be used to purchase a home. They allow borrowers to borrow large sums of money to be paid off over several years with a low-interest rate. There are several types of conventional mortgages and can be useful for various buyers. Hard money lenders in Florida are now offering...
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Conventional loans may not be an ideal option or even an option at all if you are a real estate investor. Opportunities that come along are often time-sensitive and competitive, and first-time investors or even investors in a competitive market can find that missing out is very common and quite disappointing.  That is where hard...
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There is no denying that when you are in charge of turning a fixer-upper around, there is a long list of things to accomplish before you can put it on the market. Many will choose to purchase a home to restore and fix up with a hard money loan, then turn around to sell it...
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An SBA (small business administration) loan can be given out to small businesses to help them grow and improve their expansion efforts. It can be used for various purposes, such as payroll and purchasing supplies and equipment. A microloan is a type of SBA loan. The type of loan used most commonly and that you...
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Commercial business loans are a debt-based loan arrangement between a business and a financial institution, whether a bank or private hard money lenders in Florida like Monroe Funding Corp. They are used primarily to fund expenditures or cover operational costs that businesses may not be able to afford. Small businesses may find themselves in a...
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Usually, winter is a tough time to sell a home, including properties that have been flipped and remodeled. There are, on average, far fewer buyers, making it difficult to make a profit. Perhaps you just finished a year-long remodeling process to flip a home using hard money lenders in Florida. You may be planning on...
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Looking to capitalize on your investment portfolio in 2022? You may have been considering purchasing property to own, renovating it in a process known as flipping, then selling to make a profit, or renting for profit as well. Owning homes is a great investment strategy, and as we move into 2022, there are a few...
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The debt to income ratio (DTI) measures the amount of debt someone has and backs it against their income. Calculating the debt to income ratio may be necessary to open certain lines of credit, apply for loans, open a business with business loans, or for mortgages when wanting to purchase a home. It is calculated...
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