If you're a real estate investor or someone who's having a hard time getting conventional financing, you might be considering a hard money loan. But what properties can you use a hard money loan to buy? Here's what you need to know. What Properties Can You Use a Hard Money Loan to Buy? When you take out a hard money loan, you can do so for just about any type of property available. You might borrow for: A single-family residential house A multi-family residential building Commercial properties Land Industrial properties Some hard money lenders don't lend for certain types of

When you're considering a hard money loan, one of your first questions will probably be, "How much is interest on a hard money loan?" That's a great question - but unfortunately, it's not an incredibly simple answer. Here's what you need to know. How Much is Interest on a Hard Money Loan? The interest rates different hard money lenders quote you will vary. They might vary a lot - and that's because different hard money lenders look at different factors when they're thinking about taking on the risk of letting you borrow their money. Hard money loans are privately funded.

If you're like many people, you've heard of hard money loans - but who are they for, and who should use one? Here's what you need to know. Who Should Use a Hard Money Loan? Hard money loans might be a good idea for anyone who's interested in: Buying a fix-and-flip house Investing in land Building new construction Additionally, they're good for people who have credit issues or for real estate investors who need to pounce on a great deal. Real estate investors and others choose hard money loans because they provide quick funding. In fact, some loans are funded

A hard money loan is an option for many people - especially those who don't have time to sit around and wait for conventional financing. But how does a hard money loan work? Here's what you need to know. How Does a Hard Money Loan Work? These short-term loans are secured by real estate. Think of the real estate as collateral (because that's what it is). Hard money loans are funded by private investors (or, sometimes, a fund of investors) instead of conventional lenders, like banks or credit unions. Loan terms on hard money loans are different from those you'll

Millennial home buyers are in search of turnkey properties and want to steer clear of homes that are in need of potentially pricey repairs, a recent study by the National Association of REALTORS revealed. These young adults currently make up the largest share of home buyers in the nation. As you plan your next flip consider the following home improvements that matter to them most so you can make a millennial match. Owner’s Suite and Simple Simply put: your owner’s suite, or master suite, should create a relaxing atmosphere for your homeowner. It should be a retreat from the rigors

A recent study by the National Association of REALTORS® revealed that millennials are in search of turnkey properties and want to steer clear of homes that are in need of potentially pricey repairs. As you plan your next flip consider the following home improvements that matter most to these young adults, who currently comprise the largest share of home buyers. Curb Appeal Can Help You Seal the Deal Curb appeal is your first chance to wow millennials, and any buyer, and to show that your house is the total package. A well-maintained exterior and landscape promise buyers that great things

If you’re flipping a house with a small kitchen there are some clever ways to maximize the use and appearance of your space. Consider these tricks to make the most of what you’ve got. See-Through Seating When you’ve got a kitchen with a small footprint you need to make every effort to maintain clear lines of sight and to avoid blocking views. The clear, see-through nature of Lucite barstools can keep your kitchen looking light and airy, and they won’t hide the lower portion of your island or peninsula if you plan to make a design statement with tile, reclaimed