When trying to purchase a property through a conventional route, one’s credit history needs to be near perfect to receive approval and a favorable loan rate. However, to build credit one must create temporary debt, so what do you do if you prefer to use cash as much as possible and only use credit as...Read More

Fraud is common in the financial industry, and hard money loans are not immune to fraudulent practices either. If you’re thinking of choosing a hard money lender for your next investment to purchase, there are a few things to watch out for. Extra fees. Yes, a hard money loan will have fees attached to them,...Read More

Conventional financing may be the go-to option, but there are certain situations where choosing private money lending makes more sense. Let’s explore a few of these. Cash needs. Investors that are interested in properties that may be in distress or foreclosure will have a greater bargaining edge if they have the flexibility to make an...Read More

Previously we took a closer look at bridge loans, another type of option available to those that are “in between” properties. If you’re on the fence about them, let’s explore a few reasons why they may work for your needs. Time is critical when it comes to deals. If a lender is taking its time...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More