We’ve all seen it by now; shiny new stainless steel appliances, spectacular granite countertops, fabulous hardwood flooring, colors working in harmony with backsplash, tile, baths and entire house. Your typical flip. The vast majority of homes that have been bought by an investor, renovated, and sold for profit (a “flip”) fall into this typical flip
7 Steps to Guaranteed Hard Money Approval
What is Hard Money & Why Would You Use it? A hard money loan (also known as a private money, rehab, equity-based or bridge loan) is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. Real
4 Must’s When Generating Online Leads
Technology has changed the vast majority of the way we do business in every industry, including real estate. While the debate still continues, clients from the internet are at least a very essential part of your lead generation business. With more and more buyers and sellers starting their search on Google, make sure to capture
Is Seller Financing a Smart Buying Tool?
With real estate markets on the rise across the country, we are seeing more creative financing tools being used. Seller financed deals have been around since the 1960’s, but are still one of the most misunderstood and misused forms of purchasing a property today. There are many benefits available for all parties if used correctly,
What’s Happening in the San Diego Real Estate Market?
The number of homes that changed hands in the San Diego region last month continued to fall in most categories amid tight inventory, statistics released Friday show. Just over 2,200 single-family residences sold in June, 14 percent lower than May and 4 percent fewer than the same month last year, the San Diego Association of Realtors
4 Shortcuts to Start Investing in Real Estate
With more Fix N Flip TV reality shows currently airing every day, and hundreds of thousands of people spending tens of thousands of dollars for a Fix N Flip “workshop”, it’s safe to say that real estate investing is a very popular and growing interest in America. People claim to be making millions of dollars
10 lethal mistakes for real estate investors
Once the market starts to rebound, investing in real property also becomes a more appealing idea — either as a career or a great side job. Like any other endeavor, though, there’s a right way and a wrong way to go about it. Bankrate spoke with established, full-time real estate investors and with professionals, such
Private Lending Sector Making Big Noise for Real Estate Investors
While the economy is certainly in better shape than it was five years ago, banks are keeping their requirements high when it comes to home mortgages. Many potential borrowers are turning to the private lending sector to achieve their home financing needs. Like Uber to the taxi industry, will the banking industry be the next
Interest Rates Vs. Affordability: What’s the Real Worry?
We’ve all been hearing about the historically low interest rates for the past few years, and lately we’ve been hearing interest rates are on the rise. However, national average interest rates are still just under 3.7% for a 30 year fixed-rate loan and 2.95% for a 15-year fixed-rate mortgage. This doesn’t sound too threatening, so
Home Buying: A Hugely Difficult Decision Made Easy (er)
“Buying a house is the biggest investment you’ll ever make.” You’ve heard it all your life, but what house do you buy? When and how do you buy it? How do you ensure it is a good investment? When the time comes that you’re financially ready to purchase a home, many are faced with more
