2 10, 2022

The 3 Best Times to Use a Hard Money Loans

2022-09-11T07:57:36-04:00October 2nd, 2022|Categories: Credit Score, Flipping, Hard Money Loans, Investment Properties|Tags: , , , |

When it comes to financing a property purchase, there are a lot of options available. In many cases, a hard money loan is the best choice. This guide explores the three best times to use a hard money loan. What is a Hard Money Loan? A hard money loan is a type of short-term loan that is typically used by investors to purchase properties. Hard money loans are usually funded by private investors or groups of investors, as opposed to banks or other financial institutions. One of the main advantages of hard money loans is that they can be obtained

18 09, 2022

Can You Use a Hard Money Loan to Buy a House?

2024-01-09T17:19:24-05:00September 18th, 2022|Categories: Commercial, Flipping, Hard Money Loans, Investment Properties|Tags: |

If you're looking at your mortgage options and wondering whether you can use a hard money loan to buy a house, you need to know that it's possible - but it's only advisable in certain situations. Here's what you need to know. Can You Use a Hard Money Loan to Buy a House? It's possible to buy a house with a hard money loan, but due to the way that these loans are structured, they're typically best for real estate investors - not usually for people who are looking to buy a personal home to live in. When is it

2 09, 2022

The Super-Simple Guide to Buying a Fixer-Upper and Flipping It

2022-08-09T06:22:05-04:00September 2nd, 2022|Categories: Flipping, Investment Properties, Real Estate|Tags: , , , , , |

If you're thinking about buying a fixer-upper home and flipping it for a profit, this guide contains everything you need to know to get started. It explores how to find the right fixer-upper, how to finance it, and how to make sure you make a profit on the sale. The Super-Simple Guide to Buying a Fixer-Upper and Flipping It This guide covers: Making Your Purchase Financing your fixer-upper Fixing up the home to sell Selling your fixer-upper for a profit Here's a closer look at each. Step #1 to Buying a Fixer-Upper and Flipping It: Making Your Purchase The first

22 05, 2022

South to See Highest Gains in Home Prices This Year. 3 Affordable Cities With Major Flip Potential

2022-04-28T00:34:23-04:00May 22nd, 2022|Categories: Flipping, Real Estate, Selling|Tags: , |

An article published in early March in Yahoo Finance reported that home prices are likely to continue to rise in the coming months.   Zillow expects that average U.S. home prices will rise over 14 percent this year, and cities in the South will see even higher gains. Although every region across the country saw higher home prices last year, according to the report, the South and Southeast experienced the highest increases with more than 25 percent each.   With volatile home prices, many potential homebuyers—especially those living on a fixed income—may feel that owning a home is becoming increasingly out

16 02, 2022

The Pros and Cons of a Partial Roof Replacement

2022-02-05T21:48:20-05:00February 16th, 2022|Categories: Flipping, Home Improvements, Remodeling Tips, Tips|Tags: , , |

Let's face it: A flip that lacks cosmetic appeal isn't likely to get much attention from homebuyers. Although making sure that your property has visual interest is a must, issues that affect the functionality of your flip are equally as important and must receive thorough attention, and not be given a quick fix to pass inspection, or to appear to be intact. Performing the appropriate and necessary repairs and replacements can mean a high-quality flip, and less headaches down the road for a potential buyer. When it comes to addressing issues with the shingled roof on your flip consider these

11 02, 2022

3 Reasons to Replace the Roof on Your Flip

2022-02-05T21:41:31-05:00February 11th, 2022|Categories: Flipping, Home Improvements|Tags: , , |

A properly-installed roof that's in good condition is critical to the structural integrity of your flip. But if your roof needs work, in what instances should you patch it or replace it altogether? Consider these three reasons to replace your asphalt shingle roof. You Have Detached Sections of Shingles If you find shingles in your yard, or entire sections of shingles sliding from your roof, it's time for your roof to be replaced. This kind of damage indicates that the roof wasn’t installed using the proper techniques. When replacing your roof you should also verify that there is proper ventilation in the attic

1 02, 2022

2 MORE Renovation Mistakes That Can Devalue Your Flip

2022-02-05T21:18:33-05:00February 1st, 2022|Categories: Flipping, Remodeling Tips, Tips|Tags: , , , |

Delivering quality homes that have mass appeal can yield solid profits for a house flipper. If you're not mindful, though, certain changes during your renovation could be a turnoff for potential buyers and lessen the value of your flip. Here are two mistakes to avoid. Sacrificing Function for Space A spacious bedroom with a tiny closet does not a happy homebuyer make. So although you may want to expand the footprint of your master suite, or any bedroom in your flip to make it more spacious, resist the temptation to steal footage from closets--not unless you're able to regain it

27 01, 2022

3 Renovation Mistakes That Decrease a Home’s Value

2022-01-24T20:56:34-05:00January 27th, 2022|Categories: Flipping, Home Improvements, Home Upgrades, Tips|Tags: , , |

You want your flip house to be as impressive as possible to potential homebuyers. You want to pull out all of the stops—within budget, of course. However there are certain missteps in a renovation that can lessen the value of your home. Here are three to avoid. Letting Your Personal Tastes Dominate the Design  While you may have a good eye for creating cohesive designs among countertops, tile, flooring and paint in your flip, be careful not to venture from mass appeal to over-personalization. Emerald green cabinets with gold hardware may be a beautiful and dramatic look for a kitchen,

22 01, 2022

3 MORE Design Decisions That Could Make Your Flip Harder to Clean for Buyers

2021-12-22T17:52:06-05:00January 22nd, 2022|Categories: Flipping, Tips|Tags: , , , , |

When it comes to design decisions inside of your flip you aim for selections that have mass appeal and staying power, while staying within your budget. It's important too, though, to consider the maintenance and upkeep that may be required of potential homebuyers. Certain choices, although they may be of high quality, could make your flip more difficult to maintain and keep clean. Below are some of those selections. An Oversized Island Kitchen islands are places to perform lots of tasks and activities, like food prep, dish washing, and dining, so you may opt to install an island that's extra-wide to

16 01, 2022

4 More Window Styles to Consider When Replacing Windows in Your Flip

2021-12-22T17:44:13-05:00January 16th, 2022|Categories: Flipping, Home Upgrades, How To|Tags: , , , , , |

You want to give potential homebuyers the best product possible: a renovated home that’s well done. So you'd never try to cut corners by keeping drafty old windows in your flip. When replacing windows that have seen better days consider these four styles. Single and Double-Hung Windows  Single and double-hung windows are, by far, two of the most popular and commonly-used window styles among new and existing homes. Both styles may appear to be identical, with rectangular-shaped windows that have two large sections, one above the other, and each section having multiple grid lines (which may also be referred to

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