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What Is a Hard Money Loan in Real Estate?

HomeLight

Are you considering a hard money loan to fast-track your next real estate investment? Whether you’re planning to flip a house or purchase a rental property, a streamlined hard money loan can be a helpful option. What is a hard money loan? How does a hard money loan work?

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How to Buy a House at an Auction Without Having Cash

HomeLight

Those shoppers can, after all, potentially save a significant amount of money by buying a foreclosed home at an auction. When housing prices are especially strong, homeowners typically have lots of equity in their homes. With these caveats in mind, here are ways to finance a cash purchase at auction.

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How To Get A Loan For Investing In Real Estate

Realty Biz

When considering a real estate investment there are a few different loan options for you to consider, including: Conventional bank loans. Going down the route of more conventional financing can make life easier, but it’s important to know that a down payment of 20% is the expected amount for the purchase of a home.

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Real Estate Loans for Investors: Types and Requirements

Marco Santarelli

Fortunately, real estate loans for investors offer a viable solution to finance these investments. In this article, we will explore the most common types of real estate loans for investors, their eligibility requirements, how to obtain them, and the factors to consider before selecting a loan.

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How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

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.

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A Complete Guide to Flipping Houses

Fancy Pants Homes

Assessing your finances. There’s really no problem with investing in anything if you have spare money just sitting in your bank. If you don’t have enough cash on hand, make sure you explore your possible financing options first. Do you find a lender to fund it, or should you get a hard money loan ?

article thumbnail

A Complete Guide to Flipping Houses

Fancy Pants Homes

Assessing your finances. There’s really no problem with investing in anything if you have spare money just sitting in your bank. If you don’t have enough cash on hand, make sure you explore your possible financing options first. Do you find a lender to fund it, or should you get a hard money loan ?