Top 3 Reasons for Choosing Hard Money Loans
Every real estate investor should keep hard money loans in mind. Speed and flexibility are two of the biggest perks, but there are many other reasons why these loans are beneficial. Though it’s true that the interest rates for hard money loans are higher, these sources have allowed the real estate market to continue moving […]
How to Know if You Selected a Profitable Property to Flip
Not all properties are profitable to flip. In some cases, you won’t know the true profit until you go through the process of fixing up the property and selling it. However, there are things to look for when determining how profitable a property might be. If you’re ready to start flipping houses like a pro, […]
5 Most Frequently Asked Questions About Hard Money Loans
A hard money loan is a short-term loan that is secured by property rather than creditworthiness. In this case, the property is real estate. These loans are typically funded by private investors rather than banks or credit unions and need to be paid back within 12 months. These short-term loans are beneficial in many cases […]
4 Remodeling Mistakes That Can Cost You Big Time
Remodeling a home can provide owners and real estate investors with the chance to significantly improve the market value of a property. The sustained interest in home improvement and renovation projects indicates that home upgrades remain a popular concern for countless households as well as investors interested in flipping a property. While home upgrades and […]
What is LTV When Taking a Loan?
According to an article published in the Nerd Wallet, the average US household with debt carries $15,675 in credit card debt and $132,158 in total debt. This projects a picture of finance that often goes unnoticed. If you look specifically at student loans, Americans owed about $1.3 trillion in student loan debt spread across 44 […]