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Rental properties can provide steady income but as with anything else, there are hidden costs that may derail your profitability. For purposes of this blog, however, we’re concentrating mostly on the people aspect and what you should be aware of. For starters, make sure the people that you’re collaborating with are individuals that can be...
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When obtaining hard money loans for rehabbing projects, you want to make sure that the upgrades you’re making are aimed at maximizing your ROI. Along with the kitchen, a bathroom remodel may also yield good results. You can keep the upgrades within budget by concentrating on a few key areas. Stepping into a bathroom, one...
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Monroe Funding Corp is a direct mortgage lender that provides Florida with a variety of products to meet the real estate investors’ needs. Customers benefit from flexible terms and conditions that are customized to satisfy requirements for any 2020 long or short-term requirements. A 2020 hard money loan can be a major tool in boosting...
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Traditional mortgage lenders may require you to go through several hoops if you’re interested in purchasing a condo. Besides the general qualifications, they may also take a close at the condo association. Because condos remain popular as rental purchases, a high rental condo occupancy may cause difficulties if you wish to purchase a unit to...
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Ever since the issues with the housing market circa 2008, traditional lenders have upped their mortgage lending requirements substantially. If you have defaulted on a previous loan, if you have unpaid credit card bills, if you owe child support, collections, unpaid property taxes, all of these and more can prevent you from receiving loan approval....
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Flipping a property when the time is right can reap significant rewards, anywhere from a ten to fifteen percent return on investment in some cases. Flipping combined with the flexibility of a hard money loan presents a great opportunity to become acquainted with real estate investing and construction. With a few tips, you can potentially...
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