Housing Wire

FEBRUARY 16, 2022

The problem with private money lenders is that good ones are hard to come by. Let’s look at what private money lenders do and how they operate, as well as the potential benefits of using private or hard money loans and how to locate and select a reputable private money lender.

Purchase and sale agreement 382

Purchase and sale agreement Investor Hard money loan Lending 382

HomeLight

AUGUST 31, 2021

A foreclosed home is a property that has been seized by the bank after the homeowner failed to make their mortgage payments. A home goes through several steps before the bank physically takes over the house and sells the property. Bank-owned/REO sale. Source: (Adam Wilson / Unsplash). What is a foreclosed home? Auction sale.

Pre-approval 98

Pre-approval Short sale Banks Finance 98

The Close

FEBRUARY 20, 2023

In my 28-year career in real estate and investing, I have had to source hard money financing for everything from simple fix-and-flip properties to multi-million-dollar apartment building rehabs. Let’s start with my top picks for hard money lenders. of the property’s after repair value (ARV).

Hard money loan 98

Hard money loan Debt-to-income ratio Lending Loans 98

Marco Santarelli

SEPTEMBER 6, 2020

You can choose the loan duration, whether they’re using crowdfunding to save money on hard money loans or in place of a mortgage. If you wanted to join private developers in property investment groups buying houses or apartment buildings, multiply that by a factor of ten. You invest in portions of loans.

Lending 135

Lending Loans Investor Branding 135

HomeLight

MARCH 10, 2023

The successful flippers are the ones who have developed good relationships with contractors to keep them honest.” You can save money by doing some of the work yourself, of course. Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home.

House Flipping 88

House Flipping Renovation Investor Finance 88

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. Save up enough money for your next renovation or down payment. Don’t rush out to buy a bunch of properties.

Loans 144

Loans Equity Renovation Property Management 144