Marco Santarelli

NOVEMBER 23, 2024

Building relationships with real estate agents, lenders, contractors, and other investors can provide you with valuable insights and opportunities. Utilizing Hard Money Loans Hard money loans are short-term loans that are secured by real estate.

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Hard money loan Purchase and sale agreement Due diligence Renovation 52

The Close

NOVEMBER 25, 2024

While you’ll need money to buy properties, most flippers don’t rely solely on their funds. They usually find financing through hard money lenders or loans made just for flipping houses. The borrower qualifications are more lenient but with shorter loan terms and higher interest rates.

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House Flipping Renovation Finance Investor 98

The Close

APRIL 3, 2025

of purchase price and 100% of rehab cost Another excellent choice for your next house flip loan is New Silver, which offers loans between $100,000 and $5 million that can be closed in as little as five days. New Silver also offers calculators to help you determine the cost of a hard money loan and how much it costs to flip a house.

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Loans Hard money loan Finance Investor 45

The Close

NOVEMBER 26, 2024

Partnering with a real estate agent is essential if you’re interested in buying multiple rental properties. Non-agents don’t have access to the MLS, so working with an agent helps you stay informed and make better decisions. These loans can have rates from 12% to 18% but can be funded in 15 days.

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Finance Equity MLS Loans 98

HomeLight

JUNE 16, 2023

In early 2021, “the foreclosure market is almost dried up,” says John Durham , a top agent in McDonough, Georgia with 20 years of experience, including many purchases at auctions. The lender will consider the market value and condition of the house to make sure they feel it is valuable enough to secure the loan (i.e. after six months.

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Hard money loan Equity Finance Loans 98

Realty Biz

MAY 14, 2021

You also need to be able to show you can afford any existing mortgages and monthly loan payments for the investment property. . Real estate agent and customers shaking hands together celebrating finished contract after about home insurance and investment loan, handshake and successful deal. Hard money loans.

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Hard money loan Loans Equity Banks 80

The Close

NOVEMBER 12, 2024

Hire a pro: Think about getting a real estate agent or a land assessor in your corner. They make it easy to filter your search by selecting “land” and choosing your preferred location, price range, lot size, and whether you want to buy directly from an owner or through an agent. Connect with the community: Chat with the neighbors.

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Land Investor Finance Development 98

The Close

JULY 18, 2024

The typical finance options for the BRRRR method are as follows: Hard money loans : These loans are typically short-term and come from a private, non-bank lender. The application process for hard money lenders differs from a typical mortgage; the lender will prioritize the property’s investment potential over your credit.

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Hard money loan Renovation Equity Finance 98

The Close

MARCH 11, 2025

Weve identified six steps for how to find for sale by owner homes, along with the advantages and disadvantages of navigating the FSBO process without a real estate agent involved. Various financing options exist for FSBO properties, like traditional mortgages, hard money loans, and private investors.

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Sales Due diligence Investor Finance 52

Realty Biz

FEBRUARY 16, 2022

Once the renovation and remodeling are complete, they advertise the property through real estate agents, and on social media. Once the deal is done with the new home buyer, they cash the profit margins and pay off the loans that they had secured to fund the real estate project from the hard money lender.

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Hard money loan Principal Renovation Loans 85

Lab Coat Agents

FEBRUARY 11, 2022

You’ll come across words like net operating income and hard money loan as you learn more about real estate investment. This statistic is used by lenders to assess a person’s capacity to manage monthly loan repayments. Hard Money Loan. Internal Rate of Return. Join LCA Premium Today.

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Hard money loan Debt-to-income ratio Investor Loans 52

The Close

DECEMBER 5, 2024

Your real estate agent and the lender will break down your closing costs in a closing disclosure form. Hard money loans usually have much higher interest rates, often around 10% to 18%. Moreover, typical fix-and-flip lenders provide high interest rates and short-term loan products.

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House Flipping Renovation Closing costs Hard money loan 98

HomeLight

FEBRUARY 9, 2023

Oakland, California real estate agent Daniel Donate , who specializes in investment properties, says that flipping houses in the state is definitely profitable right now. A Top Agent Can Be Your California Real Estate Investment MVP Interested in flipping a house in California? A top real estate agent can help.

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House Flipping Hard money loan Finance Renovation 105

Realty Biz

JUNE 20, 2023

Real estate agents specializing in foreclosures can also provide you with listings and valuable insights. How to Find the Best Foreclosure Deals Engage a Real Estate Agent: Working with a real estate agent experienced in foreclosures can provide you with valuable market insights and access to off-market listings.

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Due diligence Hard money loan Title Inspection 76

Kyle Handy

MAY 5, 2023

Hard Money Loan Hard money loans are funded by private businesses or individuals. This structure would help me avoid going with a hard money loan and refinancing the property once it was completed. They tend to have higher interest rates, more fees, and shorter terms.

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Hard money loan Property Management Equity Closing costs 92

The Close

SEPTEMBER 11, 2024

A real estate mentor is an experienced, knowledgeable professional who helps new or aspiring agents or investors advance in the real estate industry. Real estate investor mentors support aspiring investors and agents who want to work with investor clients. I also cover how to find a real estate mentor and what to avoid.

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Agents Investor Development Property Management 52

HomeLight

SEPTEMBER 30, 2020

Teaming up with an experienced agent on foreclosure properties and auctions, we’ll answer this question and more — to prepare you for what to expect at a foreclosure auction. John Durham is a successful real estate agent in Henry County, Georgia, and has purchased homes at auction for 16 out of 20 years of his career as a real estate agent.

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Due diligence Hard money loan Finance Banks 98

Realty Biz

MARCH 17, 2021

It’s crucial to have experts, such as a real estate agent, on board to make the right decision. You can consider loans such as conventional bank loans, hard money loans, and joint venture loans. It’s also incredibly crucial to figure out what your financing options are.

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Commercial Hard money loan Loans Equity 85

HomeLight

FEBRUARY 24, 2023

And according to top agent and real estate expert Heidi Jenkins , Ohio is a great state in which to practice your craft. A Top Agent Can Be Your Ohio Real Estate Investment MVP Interested in flipping a house in Ohio? A top real estate agent can help. Find a Buyer's Agent What is house flipping?

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House Flipping Renovation Finance Agents 105

Fancy Pants Homes

MAY 10, 2021

Do you find a lender to fund it, or should you get a hard money loan ? Hard money loans are becoming increasingly popular as they allow real estate investors to be more flexible when it comes to loan terms and risk assessment. Finding a house & flipping it.

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House Flipping Hard money loan Renovation Finance 59

HomeLight

FEBRUARY 24, 2023

We also talked to Jeremy Larsen , a top-performing agent who specializes in investment properties in Fort Worth , to get some insider tips on the Texas real estate market. A Top Agent Can Be Your Texas Real Estate Investment MVP Interested in flipping a house in Texas? A top real estate agent can help.

House Flipping 105

House Flipping Renovation Finance Investor 105

HomeLight

FEBRUARY 24, 2023

Massachusetts remains one of the most promising states for house flipping, according to New Bedford-based real estate agent, Byron Ford , who specializes in investment properties. A Top Agent Can Be Your Massachusetts Real Estate Investment MVP Interested in flipping a house in Massachusetts? A top real estate agent can help.

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HomeLight

JANUARY 19, 2023

To learn more about flipping houses in Georgia, we’re talking to Savannah-based real estate agent Jay Mills, a listings specialist with the Hupman Group , to get his perspective on what’s happening in his market. A Top Agent Can Be Your Georgia Real Estate Investment MVP Interested in flipping a house in Georgia? Let’s get into it!

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House Flipping Renovation Inspection Finance 105

The Close

MAY 20, 2025

Our team of professionals, researchers, writers, real estate agents, and experts have done detailed research to evaluate the best investment property loans for investors of all kinds. There may be a time when you need to finance an investment property or properties, but none of the typical methods fit your needs.

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Loans FHA loan Commercial VA loan 52

HomeLight

FEBRUARY 24, 2023

We looked at the factors that can make or break a flip and talked to Florida real estate expert Jeff Riber , a Jacksonville agent with 25 years of experience. A Top Agent Can Be Your Florida Real Estate Investment MVP Interested in flipping a house in Florida? A top real estate agent can help.

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House Flipping Renovation Investor Finance 105

Marco Santarelli

AUGUST 11, 2024

FHA Loans If you’re a first-time investor, an FHA loan might be right for you. Hard Money Loans Hard money loans might be suitable for quick flips or investments. Pros : Lower down payment requirements and more lenient credit criteria. Cons : Mortgage insurance can increase your monthly costs.

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Marketing Hard money loan FHA loan Investor 52

Fancy Pants Homes

MAY 10, 2021

Do you find a lender to fund it, or should you get a hard money loan ? Hard money loans are becoming increasingly popular as they allow real estate investors to be more flexible when it comes to loan terms and risk assessment. Finding a house & flipping it.

House Flipping 52

House Flipping Hard money loan Renovation Finance 52

The Close

MAY 6, 2025

Making improvements to a home might have an upfront fee, but it can be an incredibly smart way to sell a home for more money, get a property for the best value, or increase equity. As a real estate agent, its important to share with clients the pros, cons, and strategies for renovating or making small improvements to houses.

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Loans Renovation Equity Finance 45

HomeLight

MARCH 10, 2023

We tapped two top HomeLight agents to help you navigate the ins and outs of house flipping in the State of New York as well as provide some tips and tricks specific to New York properties. A Top Agent Can Be Your New York Real Estate Investment MVP Interested in flipping a house in New York? A top real estate agent can help.

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House Flipping Renovation Investor Finance 105

Marco Santarelli

FEBRUARY 24, 2023

Working with a local real estate agent or property management company can be helpful in identifying desirable neighborhoods and properties, as well as navigating local regulations and rental market trends. It's important to work with a local real estate agent who has knowledge and experience in the Pasadena market.

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Marketing Investor Hard money loan Due diligence 88

Marco Santarelli

JUNE 4, 2021

This allows you to build up your network faster since you’re relying on the same lenders, real estate agents, property managers, contractors, and other real estate professionals. Save the money you are receiving in rent for property taxes, insurance premiums, and other upcoming bills. Narrow Down Your Scope.

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Renovation Property Management Investor Hard money loan 107

Marco Santarelli

JULY 26, 2020

Then you don’t end up cutting into your cash flow with high-interest hard money loans to pay for the little repairs needed to legally rent out the unit or hit your credit cards to pay contractors. Buy a single property with your cash down payment, a mortgage, and your business plan.

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Loans Equity Renovation Property Management 144

The Close

NOVEMBER 26, 2024

If you’re teaming up with a real estate agent, they can tap into the multiple listing service (MLS), find off-market deals , and give you the scoop on upcoming listings. Some agents even focus on second homes and vacation spots, increasing your chances of finding the perfect property.

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Purchase and sale agreement Property Management Finance Banks 98

Marco Santarelli

SEPTEMBER 6, 2020

Lending money through the crowdfunding site eliminates the need to have a detailed contract with the borrower or having an equity stake in the property itself. You can choose the loan duration, whether they’re using crowdfunding to save money on hard money loans or in place of a mortgage.

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Lending Loans Investor Branding 135

Marco Santarelli

AUGUST 16, 2024

Explore financing options: Research mortgages, hard money loans, and private lending options. Shop around for competitive interest rates and loan terms. Assemble Your Real Estate Dream Team Real Estate Agent (Buyer's Agent): A skilled agent specializing in investment properties can be your secret weapon.

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Due diligence Purchase and sale agreement Renovation Title search 52

CT Homes

FEBRUARY 23, 2021

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

FHA loan 52

FHA loan Renovation Hard money loan Inspection 52

CT Homes

FEBRUARY 23, 2021

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

FHA loan 52

FHA loan Renovation Hard money loan Inspection 52