Hard money loans are attractive alternatives to traditional mortgage banks. They offer real estate investors fast access to funds to finance their deal. Hard money lenders offer greater flexibility with quick and less stringent approval processes. However, taking on a hard money loan without proper risk assessment may prove costly in the long run. As… Read more »
7 Must-Know Facts about Hard Money Lending
The hard money loans industry dates back to the 1950s when the U.S. economy experienced an overhaul in the consumption of loans. Several decades down the line, the industry has grown to be what it is today. Currently, Atlanta has approximately 50 private lenders operating within the city. The rapid increase in the number… Read more »
Why Hard Money Loans are Reliable Financing Options
Purchasing and renting out homes is an effective way to maintain a substantial flow of income. However, getting to the point of owning a home is a hectic process that requires alternative financing options. On average, every adult American has a debt of close to $38,000. Banks are using this credit record to deny… Read more »
Hard Money Loans Can Be Right for Your Situation
If you are looking for hard money loans, Georgia has the lenders that are ready to fund those loans. Hard money loans Georgia residents have found can be the ideal solution in many different situations. A hard money lender has fewer rules than other lenders, and they offer more wiggle room if you have… Read more »
How Can People With Poor Credit Get Mortgage Loans?
Shopping for mortgage loans ought to mean that a joyous occasion is occurring. This means that you’re buying a home in most cases, and achieving a dream that many people hold dear. But you shouldn’t have to work for years o build up your credit just to have the joy of owning your own home…. Read more »
A Hard Money Loan: 7 Tips to Choosing the Right Private Lender in Atlanta, GA
The U.S. home market increased by 6.2% to stand at a $33.3 trillion valuation in 2018. The real estate market has recovered from the 2011 slump that valued the industry at $10.8 trillion. With the market still on the rise, more companies and individuals are swooping in for deals. It’s essential for you as an… Read more »
7 Benefits of Private Lending For a Real Estate Investor
Starting a real estate business can be one of the most exhilarating yet challenging experiences of your life. In the U.S., small businesses account for 99.5% of all registered companies, yet most die off by the fifth year of operation. One of the leading factors of the shutdowns is access to capital. Given that approximately… Read more »
Rules to Consider When Flipping Your First House
Flipping and renting out homes can be an excellent way to create another profitable stream of income. However, if this is your first time going through the process, make sure to keep these rules in mind to ensure things go according to plan. 1. Be ‘Over-Prepared’ When Doing the Numbers When dealing with any financial… Read more »
Start Flipping Houses Today with These Top Tips
A great way for real estate investors to make money fast is by flipping houses. When you want to buy and flip a house there are a few tips that can help the process go smoothly. Do you already have the funds to purchase a house to flip? Most investors don’t typically have money available… Read more »
Common Mistakes First Time Flippers Make and How to Avoid Them
Reality shows make house flipping look easy. They look at a few fixer uppers, pick out some flooring, and 30 minutes later they’ve sold a home for a huge profit. However, a lot more goes into flipping a house than what you see on television. And new flippers tend to make mistakes. Here’s what they… Read more »