Are you aware that in Q1 of 2019, close to 50,000 houses were flipped? During the past few years, the percentage of flipped houses that have been turned into home sales has been gradually increasing. Also, the average gross profit for every house flipped has from $60,000 to highs of $68,000 in different periods. As… Read more »
Statistics show that the average American has $38,000 worth of debt. This number does not include mortgages, which would make it much higher. It comes as no surprise that most people are turning to hard money lenders in Georgia for credit. A hard money loan is a secured type of funding in which the borrower… Read more »
Working in the real estate industry can be both exciting and frustrating. Branching out on your own property fix and flip business can either be profitable or disheartening if you don’t find the right lender. Obtaining a bank loan can take weeks and even after that time, approval may not happen. In the case of… Read more »
Private lending is a viable option for anyone who cannot obtain loans through traditional banks because of restrictive requirements. These restrictions often include factors such as bad credit or a short time frame. A popular form of private lending for real estate purposes, hard money loans typically last between one and five years and have… Read more »
You might be considering applying for a hard money loan to flip a house or even make real estate investments. Either way, these loans can be your best option to obtain the funding you need. Finding the best hard money lender in Georgia can be challenging. Yet, it will all come down to your research and taking… Read more »
In need of a loan but denied by the bank? Hard money loans can provide you with up to 90% of a property’s loan to value. That’s a lot of quick cash. While hard money lenders in Atlanta, GA aren’t hard to come by, finding the right one is a task you’ll want to take… Read more »
Looking for a short-term loan to purchase or renovate a property? A hard money loan may be the option you need. These loans offer fast funding, often without requiring a strong credit history. So what exactly are hard money loans? And what are their pros and cons? These are the questions we’ll answer in today’s… Read more »
You did it! You’ve found the perfect real estate investment property. You know that you can buy this property, fix it up, and flip it fast. But you’ve got a few problems. Your credit score isn’t very good. Plus, you need to move fast to get this property or it will go out from under… Read more »
Are you into flipping homes? Or do you need some quick money for another real estate program? If so, don’t run to a financial institution looking for help. Chances are, by the time your loan is approved the property will be gone. Instead, consider getting a hard money loan. If you’re located in Georgia, look… Read more »
You’ve found the flip of a lifetime, but you’re short on cash. Or maybe you’re looking for construction financing but you’ve been turned down by a bank because you don’t meet all the credit requirements. Whatever the reason, there’s a potential solution: a hard money loan. But how do you find the best hard money lenders… Read more »