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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.

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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.

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A Comprehensive Guide to Finding the Best Foreclosures in Your Area

Realty Biz

Understanding Foreclosures Foreclosure is a legal process where a lender attempts to recover the balance of a loan from a borrower who has stopped making payments. The lender does so by forcing the sale of the asset used as the collateral for the loan, typically a house. Alternatively, you may need to consider hard money loans or cash.

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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.

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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.

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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.

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How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

HomeLight

“An online option like a real estate owned (REO) property, you’re not spending any money into it,” says Durham. You’re not spending any money into it until after you’re under contract and based on your inspection.”. We also have a spreadsheet that does some assumptions, like a 30-year fixed loan and 5% [interest].”