Hard Money lender in lending money in the Atlanta , GA as well as Florida and North Carolina

10 07, 2019
  • 3 Must-Haves for Your Flip's Bathroom

3 Must-Haves for Your Flip’s Bathroom

By |2019-06-23T17:54:00-04:00July 10th, 2019|Categories: Hard Money, Home Improvements, Home Upgrades|Tags: , , , , , |0 Comments

If you're buying and selling homes, you already know that you have to deliver what buyers really want  - and when it comes to bathrooms, there are three things that every buyer is looking for right now. Check out this list of must-haves for your flip's bathroom. 3 Must-Haves for Your Flip's Bathroom Buyers go crazy for: Elegant tile Layered lighting A customized shower stall Let's take a closer look at each. Elegant Tile Every type of flooring definitely has its place in your flip - but if you're going to spring for elegant tile, do it in the bathroom.

7 07, 2019
  • Should You Buy a Rental Property - Paces Funding Hard Money Loans

Should You Buy a Rental Property?

By |2019-06-23T17:53:49-04:00July 7th, 2019|Categories: Hard Money, Investing, Investment, Investment Properties, Investments|Tags: , , , |0 Comments

Hanging on to a property and renting it out can be a tremendously profitable endeavor - but should you try it? Maybe. Here's what you need to know. Should You Buy a Rental Property? Flipping houses - the process of buying an affordable home, fixing it up and selling it for a profit - isn't for everyone. It's a bit too risky for some, although it can pay off to the tune of tens of thousands if done properly. But buying a rental property might be a good choice. If you're going to be a landlord, here's what to look

4 07, 2019
  • Investors Are Buying Huge Parts of the Housing Market - Here's What You Need to Know - Paces Funding

Investors Are Buying Huge Parts of the Housing Market – Here’s What You Need to Know

By |2019-06-23T17:53:37-04:00July 4th, 2019|Categories: Hard Money|Tags: , |0 Comments

Investor purchases of U.S. homes are at an all-time high right now. In fact, more than 11 percent of all purchases were made by private-equity firms, speculators and flippers during 2018 - and that's as high as it's ever been, according to CoreLogic, who released the study with this information. Why Are Investors Buying So Many Properties? Demand for rental properties keeps increasing - in part because the rental market is thriving. With more people being unable to come up with down payment cash or unwilling to lock themselves into buying a home they're not sure they can afford, investors

1 07, 2019
  • Smart Renovations - What You Need to Know - Paces Funding

Smart Renovations: What You Need to Know

By |2019-06-23T17:53:26-04:00July 1st, 2019|Categories: Hard Money, Home Upgrades, Remodeling Tips|Tags: , , , , |0 Comments

When you take out a hard money loan to flip a house, you know you'll be making improvements and renovations - but you have to choose wisely, or your entire profit will get eaten up by the things you add to the space. So how do you figure out which renovations are smart ones, and which ones are a waste? Here's what you need to know. What Are Smart Renovations? Smart renovations are those that bring you the most "bang for your buck." You probably don't want to gut a kitchen and put in all marble countertops, energy efficient appliances,

28 06, 2019
  • What if You Try to Flip a House Without Understanding the Market - Paces Funding

What if You Try to Flip a House Without Understanding the Market?

By |2019-06-23T17:53:14-04:00June 28th, 2019|Categories: Flipping, Hard Money|Tags: , , |0 Comments

If you're thinking about diving into house-flipping, we have a word of caution for you: Don't do it unless you've done your homework. Here's what we often see go wrong with first-time flippers. What if You Try to Flip a House Without Understanding the Market? Flipping a house without doing your homework can be disastrous. Here's why: If you buy a house without understanding the real estate market around it, you won't know if you're really getting a good deal. In order to make a solid profit, you'll need to buy the property below market value, minus the cost of

24 06, 2019
  • What is the 70% Rule in Flipping Houses

What is the 70% Rule in Flipping Houses?

By |2019-06-23T17:53:00-04:00June 24th, 2019|Categories: Hard Money|Tags: , , , |0 Comments

If you've been involved in investing for a while - or if you've been doing plenty of research on flipping properties to make some cash - you've heard of the 70 percent rule. But what is it, and how do you figure out how much it is? What is the 70% Rule in Flipping Houses? The 70 percent rule says that an investor should pay 70 percent of a property's after-repair value, or ARV, minus the repairs necessary. 70% Rule: Examples So let's say a home's ARV is $200,000 and it needs $50,000 in repairs and upgrades to make it

23 06, 2019
  • Should You Apply for a Conventional Loan on an Investment Property?

Should You Apply for a Conventional Loan on an Investment Property?

By |2019-06-23T17:49:41-04:00June 23rd, 2019|Categories: Hard Money|Tags: , , |0 Comments

If you're buying an investment property, you have a couple of options for funding - and one of them is a hard money loan. Hard money loans are different from conventional loans, which require you to have a good enough credit history, a borrowing history and a certain debt-to-income ratio. So should you apply for a conventional loan to buy an investment property? Here's what you need to know. Should You Apply for a Conventional Loan on an Investment Property? A lot of investors choose to use hard money instead of conventional loans. It's not that there's anything wrong with

10 06, 2019

What Millennials Want From Rental Properties

By |2019-06-09T14:12:34-04:00June 10th, 2019|Categories: Hard Money, Home Improvements, Investment, Investment Properties, Investments, Leasing Your Property|Tags: , , , , , , , , , |0 Comments

Millennials are the largest generation we've ever had. If you own rental properties, it's wise to know what this generation is looking for in a rental property. Here are the main factors Millennials are looking for in a rental property. Close To Work Millennials like to live near where they work. They aren't as concerned about the quality of schools or whether or not the neighborhood is quiet. They are mostly seeking rental properties close to work. They don't want to commute far. If they can ride their bike or walk to work, even better. They're also happy to hop

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

30 05, 2019
  • 3 Signs You Should Buy an Investment Property NOW

3 Signs You Should Buy an Investment Property NOW

By |2019-06-12T09:14:48-04:00May 30th, 2019|Categories: Hard Money|Tags: , , |0 Comments

If you are looking to branch out on an investment property, here are 3 important things to know prior to purchasing one. The Property is in a Growing Market An important factor of purchasing an investment property that will net you some additional income will be to look for a house in a growing market. Some things to look out for in order to assess if this potential new property is in a growing market will be factors such as a new company coming in, many new construction projects going up, or new plans for upcoming infrastructure projects. You should