How To | Paces Funding

10 04, 2023

How to Use Hard Money Loans to Finance Your Next Real Estate Flip

YSNM Support2023-03-27T01:45:44-04:00April 10th, 2023|Categories: Flipping, Hard Money, Hard Money Loans, How To, Investing|Tags: Financing and Flipping Houses, Flipping Houses, Hard Money Loan Benefits, Hard Money Loans|

Flipping houses can be a profitable venture if you know how to secure the right financing. Traditional loans may not always be an option, but hard money loans can provide the necessary funds to make your real estate flip a reality. In this guide, you'll learn how to use hard money loans to finance your next real estate flip effectively. How to Use Hard Money Loans to Finance Your Next Real Estate Flip This guide explains the following: What are hard money loans? Benefits of using hard money loans for flipping Finding the right hard money lender Applying for a

18 03, 2023

The Ultimate Guide to Hard Money Lending for Real Estate Investors

YSNM Support2023-02-27T18:29:24-05:00March 18th, 2023|Categories: Hard Money, Hard Money Loans, How To|Tags: Hard Money Lending, Hard Money Lending Benefits, Hard Money Lending FAQs, Hard Money Lending Risks|

If you're a real estate investor, you know that financing your deals can be a major challenge. Traditional lenders like banks and credit unions often have strict lending criteria, which can make it difficult to get the funding you need. That's where hard money lending comes in. In this guide, we'll explore what hard money lending is, how it works, and the benefits and risks of using this financing option. What is Hard Money Lending? Hard money lending is a type of loan that's typically used to finance real estate investments. Unlike traditional loans, hard money loans are secured by

2 11, 2022

How to Make a Small Bathroom More Attractive to Prospective Buyers

YSNM Support2022-09-11T08:23:04-04:00November 2nd, 2022|Categories: How To, Selling, Tips|Tags: How-To, Selling a Flip, Staging, Tips|

When you're selling a flip that has a "cozy" bathroom, you may be worried about it being a turn-off to prospective buyers. The good news is that there are a few things you can do to make a small bathroom appear larger (and more useful), thereby making it more appealing to prospective buyers. This guide explains. How to Make a Small Bathroom More Attractive to Prospective Buyers Check out these five tips to make a small bathroom more attractive to prospective buyers: Let there be light Use a big mirror Put up some neutral art Add built-in shelving Keep the

26 10, 2022

7 Essential Curb Appeal Tips to Help You Sell a Flip

YSNM Support2022-09-11T08:17:06-04:00October 26th, 2022|Categories: Curb Appeal, How To, Selling, Tips|Tags: Curb Appeal, How-To, Selling a Flip, Selling a Property, Tips|

When you're selling a home that you've worked hard to flip, you need to make a good impression on buyers. Check out these seven essential curb appeal tips that'll help you do just that. 7 Essential Curb Appeal Tips to Help You Sell Your Flip These seven essential curb appeal tips can create a great first impression with prospective buyers: Roll out a welcome mat Mind the landscaping Install window boxes Get a new mailbox Update the exterior light fixtures Consider adding landscape lighting Create an inviting seating area on the porch Here's a closer look at each. Curb Appeal

22 03, 2022

What Are the Pros to Hard Money Loans?

YSNM Support2022-03-12T21:01:06-05:00March 22nd, 2022|Categories: Hard Money, Hard Money Loans, How To, Real Estate|Tags: Built-in Collateral, Convenience, Flexible Terms, Hard Money Loans|

If you are a real estate investor considering taking out a hard money loan to purchase a property, you need to know that it may be a great choice for you. This guide explains the pros to hard money loans in clear, easy to understand terms so you can make the right decision. What Are the Pros to Hard Money Loans? Many investors feel that hard money loans are the perfect solution. That's because they offer: Flexible terms Convenience Built-in collateral Here’s a closer look at each. Hard Money Pro #1: Flexible Terms Hard money loans have very flexible terms.

16 01, 2022

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

YSNM Support2021-12-22T17:44:13-05:00January 16th, 2022|Categories: Flipping, Home Upgrades, How To|Tags: Awning Windows, Casement Window, Double-Hung Windows, Flipping, Single Window, Windows|

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

22 12, 2021

5 Ways to Find Distressed Commercial Properties

YSNM Support2021-12-21T07:01:30-05:00December 22nd, 2021|Categories: Commercial, How To, Real Estate|Tags: 5 Ways to Find Distressed Commercial Properties, Commercial Properties, Distressed Commercial Properties|

Many real estate investors branch into commercial real estate – and often, they’re looking for distressed commercial properties. But if that was a path you were interested in taking, how would you find the right places to buy? Check out this guide, which offers five ways to find distressed commercial properties to find out. 5 Ways to Find Distressed Commercial Properties There are five great ways to find distressed commercial properties that may be great investments: Search commercial investing websites Talk to commercial real estate brokers Talk to lenders Network with other investors Send out mailers Here’s a closer look

6 11, 2021

3 More Common Mistakes When Painting Kitchen Cabinets in Your Flip

YSNM Support2021-10-27T22:11:28-04:00November 6th, 2021|Categories: Home Improvements, How To|Tags: Apply More Paint Layers, Kitchen Cabinets Repainting Mistakes, Labelling Doors and Hardware, Let it Dry|

Painting the kitchen cabinets in your flip house yourself may help save money, but if they're not painted properly a poor result can mean spending time on fixes—and time is money. Beware of these three missteps before taking on this project. Not Labelling the Doors and Hardware No matter how big or small your kitchen, this step can really help. You see, after you've removed the cabinet doors and hardware it can be hard to figure out what goes back together, and where. So, to make it easier to reattach the doors, consider numbering each one as you remove it. Put the

1 11, 2021

Plan to Paint Your Kitchen Cabinets? Don’t Do These Three Things

YSNM Support2021-10-27T22:05:43-04:00November 1st, 2021|Categories: Home Improvements, How To|Tags: Don't Skip The Prep, Kitchen Kabinet Makeover, Remove Cabinet Door, Use Primer|

Painting the kitchen cabinets in your flip can seem like a relatively simple DIY job, but it may require a little more work than you think. Be sure not to do these three things that can sabotage your efforts for a polished and professional appearance. Not Remove the Cabinet Doors Although you may think it's easier to sand and paint your cabinets without first removing the doors, skipping this important step can be a big misstep. Taking off the doors can make it easier to sand and paint every portion of their inner and outer surfaces. It can also help prevent

16 10, 2021

3 MORE Mistakes to Avoid Before Your Next Renovation

YSNM Support2021-09-23T06:37:01-04:00October 16th, 2021|Categories: Flipping, How To, Tips|Tags: Flooring, Material Quantity, Money, Renovations, Unexpected Expanse|

Even if you’re a pretty experienced house flipper you may make certain mistakes that result in major setbacks. Here are some pitfalls to avoid. Not Setting Aside Money For Unexpected Expenses It’s wise to create a cash reserve to cover unexpected costs, like replacing water-damaged floor joists, mold or asbestos remediation, termite extermination, or foundation repairs. You may also need to have cash set aside to cover additional mortgage payments in case your renovation runs over schedule. Not Considering Quantity When Ordering Materials Sounds weird, but here’s the deal. When ordering tile that you plan to use in more than

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