Hard money loan Mortgages Sales 
Housing Wire
OCTOBER 24, 2024
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.
The Close
NOVEMBER 7, 2024
Tax liens and auctions: Search for tax lien sales and foreclosure auctions. Listing websites: Sites like Zillow, MLS, Realtor.com, and LoopNet list properties for sale. Gather the property’s history and recent sale prices in the area to understand market trends. Hard money loans are most commonly used for fix-and-flip loans.
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The Close
NOVEMBER 25, 2024
Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. The higher the home’s sale price, the higher your closing costs. That will get you more money to purchase and renovate a multifamily property.
The Close
NOVEMBER 25, 2024
Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. During preforeclosure, homeowners have two main options: sell the property or pay off the outstanding loan balance. What Is a Preforeclosure Property?
Marco Santarelli
NOVEMBER 23, 2024
Refinance: After the property is rented and stabilized, refinance the mortgage to pull out the equity you've built. This strategy allows you to reduce your living expenses and use the rental income to cover your mortgage payments or even generate a profit. Live in One Unit: Occupy one unit yourself while renting out the other units.
The Close
NOVEMBER 26, 2024
Zillow’s properties for sale (Source: Zillow ) Zillow offers a property listing database with over 135 million listings. Trulia’s properties for sale by state (Source: Trulia ) Trulia is a convenient app for finding real estate, whether for buying or renting. It uses net operating income and doesn’t include mortgage debt.
The Close
NOVEMBER 25, 2024
The two main ways to dive into the house-flipping game are: Hard money loans : These loans offer faster approval and funding times than traditional mortgages. The borrower qualifications are more lenient but with shorter loan terms and higher interest rates.
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