13 10, 2019
  • Are Hard Money Lenders Loan Sharks

Are Hard Money Lenders “Loan Sharks”?

By |2019-10-07T22:40:17-04:00October 13th, 2019|Categories: Hard Money, Hard Money Loans|Tags: , , , , , |0 Comments

If you're like many people - especially those just starting out in real estate investing - you've heard all kinds of things about hard money lenders. Some of them are myths, and some of them might be true (or at least half-true). But are hard money lenders what you'd call "loan sharks"? Here's what you need to know. Are Hard Money Lenders "Loan Sharks"? Hard money lenders are definitely not loan sharks. Check out the official definition of a loan shark: Hard money lenders are typically well-established and reputable, and they certainly don't do anything illegal or charge extremely high

10 10, 2019
  • Are Hard Money Loans More Expensive Than Conventional Loans

Are Hard Money Loans More Expensive Than Conventional Loans?

By |2019-10-07T22:32:47-04:00October 10th, 2019|Categories: Hard Money, Hard Money Loans|Tags: , , , , |0 Comments

If you're like many people who have never borrowed hard money before, you've probably heard a few things about it - especially if you're interested in real estate investing. Some of those things might be complete myths, but some are likely true. But are hard money loans more expensive than conventional loans are? Here's what you need to know if you're thinking about borrowing hard money. Are Hard Money Loans More Expensive Than Conventional Loans? If you're looking at the numbers, a hard money loan seems more expensive than a conventional loan does. That's because hard money loans typically have

7 10, 2019
  • 3 Hard Money Loan Myths That a Lot of People Believe

3 Hard Money Loan Myths That a Lot of People Believe

By |2019-10-07T22:24:44-04:00October 7th, 2019|Categories: Hard Money, Hard Money Loans|Tags: , , , , , |0 Comments

If you're like many people who have never taken out a hard money loan, you've probably heard all kinds of myths about them -  but here, we'll cover three of the most common and debunk them so you know all the facts. 3 Hard Money Loan Myths That a Lot of People Believe Some of the most common myths about hard money loans include: You don't need any documentation for a hard money loan Only people who are desperate take out hard money loans Hard money lenders aren't as careful as big banks are Here's a closer look at each

3 06, 2019

Do You Have Different Exit Strategies For That Investment Property You’re Eyeing?

By |2019-05-29T14:04:24-04:00June 3rd, 2019|Categories: Due Diligence, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Investing, Investment, Investment Properties, Investments|Tags: , , , |0 Comments

When flipping a house, your end goal is to make a comfortable profit, but sometimes things happen that are outside of your control. You will still need to plan for these things. That sometimes means having a different exit strategy than simply selling the house for a large profit quickly. If you aren't guaranteed a profit, will you choose another route? Do you have alternate exit strategies planned? Here are some things that could happen that could affect your plans to flip a house quickly at a profit: The economy could change. Financing rules could be changed. The market could

29 05, 2019

3 Secrets To House Flipping You Probably Won’t See On TV

By |2019-05-29T11:10:10-04:00May 29th, 2019|Categories: Construction Loans, Flipping, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, HUD, Investment, Investment Properties, Investments, Private Lending|Tags: , |0 Comments

House flipping isn't really like it is on TV. To be a successful house flipper, you have to know how to do it right. Here are three things that successful house flippers do that are too boring for television and too important for you to not know. House flippers don't buy houses at full retail price. What would be the point? If you pay full price and then make improvements, you're not going to make much of a profit, if any. You need to purchase a house that is genuinely prices to sell. You have to find a home in

23 05, 2019

Bigger Pockets Suggests Hard Money Lenders As Great Source Of Funding For House Flippers Starting Out

By |2019-05-21T10:42:35-04:00May 23rd, 2019|Categories: Business, Due Diligence, Foreclosures, Hard Money, Hard Money Loans, Income, Investing|Tags: , , , |0 Comments

Bigger Pockets is a huge online resource that helps ordinary people build wealth through real estate. It's an incredibly popular resource because of it's free tools and information. Bigger Pockets recently suggested that hard money lenders like Paces Funding, is a great source of funding for home flippers for investors who know they can flip a home quickly. Check out what the article said. Here's an excerpt. "This source of OPM can be especially useful if the house you are flipping can be completed in a very short period of time. Like any other kind of loan, the shorter you

10 05, 2019

Many Americans Have Never Hear Of Rain Chains – Have You?

By |2019-06-26T01:18:39-04:00May 10th, 2019|Categories: Flipping, Hard Money, Hard Money Loans, Home Upgrades, Investment Properties, Remodeling Tips, Selling, Videos|Tags: , , , , , |0 Comments

Many Americans have never heard of rain chains, but they are gaining in popularity. They originated in Japan and were used to enhance the beauty of an otherwise utilitarian structure: Gutters. Rain chains are growing in popularity, but people should remember to be careful where they are used. A rain gutter might work well on an overhang that is far from a foundation but may not be ideal for right up by a home. Some of the videos that social media users have shared will demonstrate that in heavy rains, they can just end up splashing water around - water

5 04, 2019

Old Fourth Ward: Atlanta’s Hippest ‘New’ Community

By |2019-04-19T22:24:00-04:00April 5th, 2019|Categories: Commercial, Flipping, Georgia, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Short Sales, Tenants|Tags: , , , , |0 Comments

The Old Fourth Ward might just be Atlanta’s hippest so-called "new" community, and it appeals to young professionals and first-time homebuyers. If you find a deal on a home in Old Fourth Ward, snatch it up. If you need quick funding to make a property with great potential in Old Fourth Ward, contact us to see if we can help you out. This neighborhood is one of the newest in Atlanta and is found east of downtown and south of Midtown. Millennials are flocking to the area thanks to the new retail and dining from Ponce City Market. The Old

25 02, 2019

Why Vinyl Plank Flooring Is Perfect For Your Rental Home

By |2019-02-25T22:58:18-04:00February 25th, 2019|Categories: Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, New Construction, Remodeling Tips, Tenants|Tags: , , , , , , , , |0 Comments

Vinyl plank flooring, also called “luxury vinyl plank” or "LVP," is a great flooring option for your rental home. It's affordable, durable, and easy to install. Though there is new technology in carpeting that has made things easier for landlords, vinyl plank flooring is possibly an even better solution for whole home flooring. Luxury vinyl plank can give you the durability you need without having to replace flooring with each tenant turnover, if you choose a good product. Vinyl plank flooring can give you the look and texture of real hardwood floors. Plus, it is easily cleaned so that you

19 02, 2019

Why The Luxury Market Might Be Your Best Investment For House Flipping Right Now

By |2019-02-18T17:49:44-04:00February 19th, 2019|Categories: Business, Due Diligence, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Investment, Investment Properties, Investments, Rehab Loans, REIs, Short Sales, Taxes|Tags: , , , , , , , |0 Comments

House flippers focusing on flipping luxury homes are a part of a rising market. While non-luxury houses aren't flipping as well, this market, if you can afford it is still doing well. Consider that the National Association of Realtors showed that sales of existing homes declined over ten percent in the last year. Starter homes, which are usually a common project for house flippers, are part of a decreasing market. Sales are just down among starter homes. Some of that is because of the higher interest rates too. Many people who house flippers would normally try to sell a starter