by monroefund | Oct 29, 2020 | Blog, Florida hard money lending
South Florida home sales edge out 2019 for the second consecutive month. They’re still pushing up prices, elevating the median price in Miami-Dade and Broward counties to $425,000 for a single-family home. That number is the highest it’s ever been. Per the Miami...
by monroefund | Oct 1, 2020 | Blog, Florida hard money lending
It’s often said that one of the tried, true, and effective ways to invest in real estate is to go with a “fix and flip”. This involves purchasing a home that is in less than stellar condition (i.e.: many foreclosures), fixing it up, making improvements, and “flipping”...
by monroefund | Sep 4, 2020 | Blog, Florida hard money lending
Sales of single-family homes and condominiums are seeing considerable rebounds following the shutdowns that complicated spring transactions. Florida’s median home prices also continued its upward streak for a 103rd straight month during July, based on Florida...
by monroefund | Aug 27, 2020 | Blog, Florida hard money lending
Foreclosed homes being sold as real-estate owned (REO) by a lender may be purchased at a reasonable price, although there could be some pitfalls. It’s the same scenario for real estate investors that are thinking about purchasing a foreclosure at the courthouse....
by monroefund | Aug 18, 2020 | Blog, Florida hard money lending
South Florida real estate continues to get enormous interest from foreign nationals. These individuals typically keep a home in the United States on a part-time basis but retain their citizenship in a different country. For a multitude of reasons such as a bank being...
by monroefund | Aug 6, 2020 | Blog, Florida hard money lending, hard money loans Miami
There are typically two simple yet distinct options to pick from when an investment property is involved: rent or sell. Should you choose to sell, it is usually considered a solution for the short term, whereas renting is a tactic for long-term investors. Both options...
