article thumbnail

Hard Money Loans – When a Real Estate Investment Needs Fast Financing

Realty Biz

Hard money lenders generally don’t value real estate in the same ways as most investors and other real estate professionals. Hard money loans can be easier to get, but they can be expensive. Knowing when to use hard money and how to get it is critical.

article thumbnail

8 Tips for Acquiring Rental Properties

Realty Biz

This includes researching the local housing market, inspecting the property, and reviewing the property's financial history. You should also take the time to review any inspection reports, survey reports, and other documents related to the property. Financing Another key factor to consider when acquiring rental properties is financing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Comprehensive Guide to Finding the Best Foreclosures in Your Area

Realty Biz

Auctions often offer the best discounts but also carry the highest risk, as you usually cannot inspect the property beforehand. Buying an REO property often involves less risk than an auction, as you can inspect the property and clear any title issues. Inspect the Property: Always inspect a foreclosure before purchasing.

article thumbnail

4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

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.

article thumbnail

4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

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.

article thumbnail

4 Benefits of Pre-Purchasing A Flipped Home | CT Homes

CT Homes

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.

article thumbnail

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

HomeLight

That’s why a home inspection is so important if you’re able to do one. That’s especially the case if you’re hoping to finance your purchase, which can be tricky depending on the condition of the home and the property requirements your lender has. How do you finance a foreclosed property? It’s a riskier investment.