Posts Tagged: investment property financing

5 Major Myths About Real Estate Investing

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Myths and facts about real estate investing

Looking to invest your extra cash in the hopes of turning a profit? Curious about whether or not stocks, bonds, or real estate opportunities might be good options for you to explore as a means of making a little money? The first step is to gather information and know the facts when it comes to investing. Whether you’re looking to win big on Wall Street or just make a dollar or two and buy of bonds, information is key. Lately, real estate has been growing in popularity as a promising investment avenue for potential investors. More and more Americans are taking their chances in the real…
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New Trends in Private Money Loans

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Private money loans provide a source of financing for lenders with bad credit or for unconventional purchases. New trends are showing this field is growing.

There are plenty of reasons to appreciate hard money lenders in California, Florida, New York, or wherever you may live. If the thought of investing in short-term real estate projects for profit interests you, such as fix-and-flip ventures, you’re going to need these lenders to help you start or further your interests.  This is especially true if you are seeking home loans with bad credit. Yes, you’ll likely pay a little more in the way of interest than you would with a traditional bank loan.  It’s also true that most private money loans are short-term in nature (say, a year).  However, the trade-off is that private…
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How to Track Your Expenses When Flipping a Home

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Costs can add up fast when flipping a home for a profit. Keep track of all your expenses with these tips to preserve your profit.

For motivated individuals, fixing and flipping houses provides a unique opportunity to transform an outdated home into a money-making venture. However, making money flipping houses is no easy undertaking. In most cases you’ll find yourself fighting a tight schedule and even tighter budget that demands speedy turnaround.  There’s a reason it’s called flipping. You can reduce some stress, of course, with assistance from private money lenders in California, Texas, or New York.  However, you still need to stay on top of your timetable in order to earn the greatest profit. In addition, you have to do all you can to avoid going over-budget. This can…
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What You Need to Know About Fix and Flip Lending

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You can make a pretty penny fixing up run down homes and flipping them for a profit - so long as you can find the financing to purchase the property.

Real estate flipping is nothing new. It has long been a way for motivated investors to turn a small amount of capital into larger sums by purchasing rundown properties, fixing them up, and selling them for a profit. Fix and flip operations generally consists of a person or people who are familiar with real estate and construction. This way these investors know which houses to target with the most potential for gain and which upgrades to undertake that can be completed quickly and at little cost in order to maximize profit. That said, there is another important factor to consider: loans. Most people don’t have the cash…
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How to Leverage Real Estate Equity With Hard Money Loans

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How do you secure a loan to buy investment property if you have bad credit? Hard money loans could be the answer.

Whereas the average home buyer might give up on the idea of buying a home with bad credit after being turned down by multiple lenders, those interested in using real estate as an investment are more likely to continue trying to learn how to get a home loan with bad credit.  There is good news for these persistent house hunters. Hard money lenders can provide a solution for certain types of real estate investors, and if you already have some capital you can take full advantage. In addition, any equity you’ve managed to build through other properties could be leveraged to gain access to hard…
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How to Overcome Common House Flipping Issues

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House flipping may seem like an easy way to get rich fast, but there are many factors that can throw your plans into chaos.

Flipping homes is big business in America and can be fairly rewarding when done correctly. A lot of people jump into the industry without knowing much about the technicalities, however. Magazines and shows make house flipping seem rather easy, but there’s much more to flipping houses than simply buying and selling. And unless you’re rich, you’re going to need loans to help fund your flipping venture. Some people have had financial issues in the past, so naturally they are worried about being able to obtain home loans with bad credit. Today, you can find a lot of bad credit mortgage options, making buying a home with…
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Common Reasons Your Private Money Loan Request Would Be Denied

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Understand the possible reasons you may be denied for a private money loan to help better plan your financing strategy.

There are many reasons why real estate investors might seek out private money loans instead of more traditional avenues of mortgage lending. Not only is credit rating generally not a factor, but these loans can be much more expeditious than borrowing from banks. This is because private lenders are more interested in collateral than credit, as well as the plan for seeing return on investment from real estate projects like house flipping, rental properties, or other commercial interests. Because funding comes from an individual or a group of private investors, you won’t have to jump through the same hoops as with traditional lenders. That said,…
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