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hard money loans
For owners of rental properties, one of the most important jobs you’ll be tasked with is finding the right person or company to take care of your property management. Essentially, property management is one of, if not the most crucial factor in determining whether your rental property achieves success. It is with a property management...
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Hard money loans are typically used for short term purposes, but there is also the option to consider something like a buy and hold loan. These loans involve a strategy where a foreclosed or undervalued property is purchased and held onto until its time to sell, generally once its value has appreciated. In the meantime,...
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One of the most effective remodels you can do to maximize ROI is the kitchen. Per Remodeling Magazine’s Cost vs. Value 2019 report, even a minor remodel is able to recoup about eighty percent of the cost.Kitchens are among the highest priorities when it comes to what buyers are looking for. Along with the bathroom,...
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Private or hard money lending is a great way for flippers and fixers who are dealing with short timelines or want to remain competitive with buyers offering cash. However, a private lender can also work for long term investments such as rental property rehabilitation prior to refinancing into a permanent mortgage. Private money loans can...
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We’ve previously mentioned some common myths associated with hard money lending, but there are more to discuss that first-time borrowers may believe. Keep reading to learn more about some of these hard money myths. Do borrowers have less control in regards to their property when they go with a hard money lender? No. If a...
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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...
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[et_pb_section bb_built=”1″ _builder_version=”3.0.47″][et_pb_row use_custom_width=”on” custom_width_px=”600px” _builder_version=”3.17.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.17.2″] When you’re faced with a financial emergency but don’t have the cash to fund your need, you can resort to borrowing money. You can turn to a bank, but often, when you do, it’s a too-late-the-hero situation. Banks and other traditional lending institutions often...
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[et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row _builder_version=”3.17.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_custom_width=”on” custom_width_px=”600px”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.17.2″] Conventional banking, for many individuals, is a source of financing for business or personal purposes. Some people, however, may encounter problems in obtaining funding from traditional bank sources. Some real estate projects, for instance, require financing that conventional lenders are unable...
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