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Florida hard money lending
Despite the coronavirus concerns, a recent Forbes article presents some interesting observations regarding the southeast Florida real estate market. According to the author, this particular area should see “robust” recovery once the pandemic is over and the economy has stabilized. It’s expected that the demand for housing is likely to recover quicker compared to that...
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As COVID-19 puts a strain on economic resources, you may have heard that now is the time to have cash ready to invest properties. Experienced buyers realize that prospects occur during times of crisis, but when searching any of these assets, the wisest ones know that there are challenges to overcome. In a downturn, there...
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If you’ve watched any of those flipping shows on television, you may think the flipping is a super simple process. Flipping may be popular but may not always be the best approach. In some cases, buying and holding may reap greater rewards. No investor should proceed with flipping a house without examining the related costs....
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With fix and flip properties, time plays a crucial role. In most, if not all cases, the quicker you can flip the property, the greater the profit. How do you go about expediting the process? You may wish to start by creating a team for your fix and flip project. The members of this team...
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A common rule of thumb with flipping is ensuring the numbers are as accurate as possible. Right below that is ensuring the job is being managed properly. It’s this second rule where rehabbers sometimes run into trouble as they attempt to stick to the budget while collaborating with contractors. In a perfect scenario, the contractor...
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As we continue our efforts to be your one-stop solution for Florida hard money lending needs, we’re continually expanding our presence online and today, we’d like to tell you more about our new sister site. The new Florida Hard Money Lending website is an extension of Monroe Funding Corporation, albeit on a smaller scale. As soon as...
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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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Owning a property is a goal many strive to achieve yet for many, this dream goes unfulfilled because of the stringent requirements to receive a mortgage. Most borrowers are denied and a recent Reader’s Digest article seems to reinforce that Florida is among the states where denials are much more common. Four different cities in...
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You may make good money but you have little credit. How is such a thing possible? Perhaps you stay away from using credit cards or you only pay for things in cash. Regardless of the reason, you’ve decided it’s time to buy a home. However, without credit, how do you go about it? To find...
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If you’re facing financial struggles, you may think there are few options available to you. However, if you’re a homeowner, it may have considerable equity that may help with making ends meet while you get back on your feet provided you use the equity wisely. Your home’s equity may prove to be of value via...
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