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Portrait of a pre-foreclosure peacemaker

Housing Wire

Sandoval said her approach is one that is difficult for banks and mortgage servicers to replicate, not only because of the face-to-face experience she offers but also because of the inherent – and often misguided– distrust that many distressed homeowners have for financial institutions. “There is nothing like that face to face.

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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 Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

You also want to add overhead expenses like filing your business entity, advertising costs, real estate commissions and finder’s fees, taxes, and mortgage principal and interest. Personal savings: Using your money can be the cheapest way to finance real estate deals. Hard money loans are most commonly used for fix-and-flip loans.

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How to Buy Multiple Rental Properties With Financing Options

The Close

Lenders prefer to see fully stabilized properties when you’re looking for home equity loans or lines of credit. Additionally, Trulia provides personalized recommendations and mortgage tools like a mortgage calculator. It uses net operating income and doesn’t include mortgage debt.

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Hard Money Lenders Illinois: Compare Your Options

HomeLight

Are you an Illinois investor or homeowner hoping to finance your next real estate project with a hard money loan? Whether you’re hoping to flip a ranch-style home in Oak Cliff or purchase a townhouse rental in Uptown, hard money lenders in Illinois can provide the flexibility and speed you need.

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Hard Money Lenders Orange County: Fast Financing Solutions

HomeLight

Are you looking to kickstart your next real estate project in Orange County with a hard money loan? Whether you’re eyeing a mid-century fixer-upper in Anaheim or a potential rental property in Newport Beach, hard money lenders in Orange County can provide the quick funding and flexibility you need.

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How to Buy a Multifamily Property in 10 Steps

The Close

Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. Carrying costs: These are the monthly recurring costs of holding the property, including your mortgage, taxes, insurance, and utilities.