According to the 2018 Planning and Progress Study by Northwestern Mutual, the average American has about $38,000 of debt, excluding mortgages. It comes as no surprise that 68% of the population has bad credit ratings. Access to traditional loan options is now harder than ever before. More real estate investors are turning toward hard money… Read more »
Fix-and-Flip Real Estate Investments and Hard Money Loans Post Lockdown
Statistics show the lockdown has had a devastating impact on the real estate sector. But that should not discourage fix-and-flip investors. A rise in work-from-home has seen a sharp increase in the demand for homes in suburban areas. This means that there are still a lot of opportunities that investors can capitalize on. However, it… Read more »
5 Tips On Finding a Good Hard Money Lender
Being denied traditional mortgage loans can be devastating. However, it’s happening more often than you might think. Ever since the 2008 financial crisis, traditional financial institutions have become more selective in their scrutinization of new borrowers. While it’s understandable that mortgage lenders may have concerns about the credit histories of borrowers, this can make getting… Read more »
What You Need To Know About Flipping Homes In Atlanta
So you want to flip houses in Atlanta. There is a lot of opportunity within the market right now. Atlanta has a lot of up-and-coming neighborhoods and economic development within the city is attracting outsiders in need of a home. At the same time, there are a number of different properties in Atlanta that offer… Read more »
3 Things House Flippers Should Know About Hard Money Loans
So you want to flip a house. There are a lot of reasons why house flipping is currently appealing to a lot of young, would-be business people. For one thing, there are a lot of houses currently entering the market. Due to the economic hardship currently occurring, many houses are being foreclosed upon, which results… Read more »
Why Don’t I Qualify For a Conventional Mortgage Loan?
Owning a home is undoubtedly part of the American Dream. But for many people living in the U.S., becoming a homeowner may seem like an impossible feat. With real estate prices continuing on an upward trajectory and many Americans finding themselves facing massive debts, low wages, and the increased costs of living, you may think… Read more »
When the Bank Says No, Get a Hard Money Loan
Private money lenders, or hard money lenders, give real estate loans that are based on the value of the property. When a bank turns you down for whatever reason, a hard money loan is the answer. A hard money lender offers bad credit loans, hard money loans, and private money loans. Get money lent to… Read more »
Become a Savvy House Flipper By Following These Tips
Have you thought about becoming a house flipper? There are plenty of houses for sale that could help you turn a decent profit. However, flipping houses takes some knowledge, hard work, research, and patience. Becoming a house flipper is entirely dependent upon your skills when it comes to many things, especially obtaining the hard money… Read more »
How To Start Flipping Houses
Flipping houses is one of the most lucrative business opportunities available in today’s market. Furthermore, many house flippers have begun their businesses through hard money loans, which allow them to purchase homes to flip. House flipping requires grit and determination, and is not as easy as some may seem. As a home flipper, you must… Read more »
What is a Purchase Money Loan and Is It Right For Me?
Purchase money loans can be the solution that you have been searching for when traditional mortgage loans are not the right answer. Private lending can help to put the cash in your pocket that you need to buy that property you have your eye on. Purchase money loans come with the advantage of quick… Read more »