article thumbnail

A Complete Guide to Flipping Houses

Fancy Pants Homes

The value of the property can be increased through renovations and, if you play your cards right, you might just make a lot of money if you put in the time and effort. Do you find a lender to fund it, or should you get a hard money loan ? Putting together a team of professionals.

article thumbnail

A Complete Guide to Flipping Houses

Fancy Pants Homes

The value of the property can be increased through renovations and, if you play your cards right, you might just make a lot of money if you put in the time and effort. Do you find a lender to fund it, or should you get a hard money loan ? Putting together a team of professionals.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Passive Income Ideas: 25 Ways To Earn More Money In 2020

Marco Santarelli

Lending money through the crowdfunding site eliminates the need to have a detailed contract with the borrower or having an equity stake in the property itself. You can choose the loan duration, whether they’re using crowdfunding to save money on hard money loans or in place of a mortgage.

Lending 135
article thumbnail

How To Become A Real Estate Mogul or Multi-Millionaire?

Marco Santarelli

It is no surprise that real estate moguls are among the richest billionaires in the world who own hundreds of commercial & residential properties. How much does it cost to perform various renovations, and how will you keep costs down without sacrificing quality? How will you market them? Know your exit plan before you buy anything.

article thumbnail

Pasadena Housing Market: Prices,Trends, Forecast 2023

Marco Santarelli

According to Redfin, a residential real estate brokerage, the Pasadena housing market is somewhat competitive, with homes receiving an average of 5 offers. Fix-and-flip properties can be profitable for investors who have the skills and resources to renovate homes and sell them for a profit.

article thumbnail

How To Make Money In Real Estate And Get Rich?

Marco Santarelli

You can own residential, commercial, and industrial real estate property. Then you don’t end up cutting into your cash flow with high-interest hard money loans to pay for the little repairs needed to legally rent out the unit or hit your credit cards to pay contractors. Don’t rush out to buy a bunch of properties.

Loans 144