Hard Money Loans | Paces Funding

7 10, 2019

3 Hard Money Loan Myths That a Lot of People Believe

YSNM Support2019-10-07T22:24:44-04:00October 7th, 2019|Categories: Hard Money, Hard Money Loans|Tags: Borrowers, Documentation, Due Diligence, Hard Money Loans, Myths, Risky Deal|

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?

Margret Ekers2019-05-29T14:04:24-04:00June 3rd, 2019|Categories: Due Diligence, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Investing, Investment, Investment Properties, Investments|Tags: exit strategies, House Flipping, Rental Units, renting|

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

Margret Ekers2019-05-29T11:10:10-04:00May 29th, 2019|Categories: Construction Loans, Flipping, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, HUD, Investment, Investment Properties, Investments, Private Lending|Tags: House Flipping, successful house flipping|

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

Margret Ekers2019-05-21T10:42:35-04:00May 23rd, 2019|Categories: Business, Due Diligence, Foreclosures, Hard Money, Hard Money Loans, Income, Investing|Tags: days on the market, Hard Money Loans, ROI, Taxes|

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?

Margret Ekers2019-06-26T01:18:39-04:00May 10th, 2019|Categories: Flipping, Hard Money, Hard Money Loans, Home Upgrades, Investment Properties, Remodeling Tips, Selling, Videos|Tags: catch basin, cutters, downspout, fascia damage, foundation moisture, rain chain|

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

Margret Ekers2019-04-19T22:24:00-04:00April 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: atlanta hard money loans, Atlanta investment properties, Atlanta neighborhoods, Georgia hard money loans, Old Fourth Ward|

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

Margret Ekers2019-02-25T22:58:18-05:00February 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: carpeting, DIY projects, Flooring, hardwood floors, Landlords, LVP, pets, Tenants, vinyl plank flooring|

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

Margret Ekers2019-02-18T17:49:44-05:00February 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: benefits of flipping luxury homes, flipping luxury homes, Florida house flipping, Florida luxury home market, House Flipping, house flipping market, luxury home flipping, luxury homes in Florida|

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

22 01, 2019

Finding Contractors For Work On Your Rental Properties

Margret Ekers2019-01-22T21:01:38-05:00January 22nd, 2019|Categories: Commercial, Developers, Hard Money, Hard Money Loans, Home Improvements, Investing, Investment, Investment Properties, Investments, Remodeling Tips|Tags: Contracting for a Job, General Contractors, rental properties, Subcontractors|

Finding good contractors to work on your rental properties might seem like a chore. Hiring undependable contractors can cost you some serious cash. Do you know where to find the best contractors? We happen to have some tips! Perhaps some jobs at your rental property are too complex, too tedious, or just too unappealing to do the work yourself. If you’re investing in real estate but you’re not going to be doing all of the work yourself for whatever reason, you'll need reliable, skilled contractors. Word-of-mouth really is best. That doesn't mean you should rely completely on online testimonials from

10 01, 2019

Investing In Jacksonville, Florida Real Estate – Market Report

Margret Ekers2019-01-21T15:52:15-05:00January 10th, 2019|Categories: Hard Money Loans, Investing, Investment, Investment Properties, Investments|Tags: investing in real estate near a military base, Jacksonville investment properties, Real Estate Investing|

We supply hard money loans to real estate investors in Jacksonville, because we have faith in this market. Jacksonville has one of the U.S.’s fastest-growing populations. It has a steady economy. Plus, it features climbing rental rates. That makes Jacksonville a Florida city worth investing in. If you choose to invest in Jacksonville, you will be pleased with its affordable entry prices. Plus, you'll find average cap rates above 7 percent and payroll growth that is above the national average. With Jacksonville's 34,000 military-affiliated personnel in need of housing, you won't just make money investing in real estate in this

QUICK & EASY APPLICATION!

Newletter Signup

QUICK & EASY APPLICATION!

Newletter Signup

Newletter Signup

Contact Us

Contact Us

Contact Us

QUICK & EASY APPLICATION!

Newletter Signup

QUICK & EASY APPLICATION!

Newletter Signup

Newletter Signup

Contact Us

Contact Us

Contact Us

Sign in or register

Sign in or register

Reset password

Get started with a personal property saver account

Get started with a personal property saver account