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

18 08, 2022

How to Find the Best Hard Money Lender to Buy a Rental Property

2022-08-09T06:14:41-04:00August 18th, 2022|Categories: Hard Money, Hard Money Loans, Investment Properties|Tags: , , , , |

If you're looking to purchase a rental property, one of the most important things you'll need to do is find a good hard money lender. This guide explains what to look for in a hard money lender and provides tips on how to find the best one for your needs. What is a Hard Money Loan, and Why Would You Use One for a Rental Property Purchase? A hard money loan is a type of short-term financing secured by real estate. Hard money loans are typically used by investors to purchase and rehab properties, but they can also be used

22 06, 2022

3 Reasons to Hire a Property Manager to Handle Your Rental

2022-05-26T20:48:54-04:00June 22nd, 2022|Categories: Investment Properties, Real Estate|Tags: , , |

When it comes to renting out a property, there are a lot of things that go into the process. From finding tenants to handling repairs, it can be a lot to take on for someone who doesn’t have experience in property management. That’s why many landlords choose to hire a professional property manager to take care of everything for them. 3 Reasons to Hire a Property Manager to Handle Your Rental If you have a rental property, you may want to hire a property manager for one (or more) of these reasons: Property managers have the experience and knowledge necessary

16 06, 2022

What is a Turnkey Rental Property?

2022-05-26T20:21:52-04:00June 16th, 2022|Categories: Investing, Investment, Investment Properties, Real Estate|Tags: , |

A turnkey rental property is one that is ready to be rented out as soon as you purchase it. The term "turnkey" comes from the fact that all you have to do is turn the key in the door and tenants will start moving in. It's a great option for investors who want to get started in real estate with minimal hassle. What is a Turnkey Rental Property? Turnkey properties are those that are in great shape – and sometimes, they’re even fully furnished. This can be a great perk for tenants, who can move in and start living right

11 06, 2022

Passive Real Estate Investing, Explained (With Pros and Cons)

2022-05-26T20:08:28-04:00June 11th, 2022|Categories: Investing, Investment, Investment Properties, Real Estate|Tags: , , |

Passive real estate investing is a type of investment in which the investor does not actively manage their property holdings. This type of investing has become increasingly popular in recent years, as investors have sought to reduce the amount of time and effort they spend on their investments. Passive real estate investing can be done in a number of ways, including through rental properties, real estate investment trusts (REITs), and peer-to-peer (P2P) lending. There are a number of benefits to passive real estate investing, including the potential for high returns, the ability to diversify one's portfolio, and the potentially hands-off

6 06, 2022

5 Hidden Costs of Being a Landlord

2022-05-26T20:01:18-04:00June 6th, 2022|Categories: Investment Properties, Real Estate|Tags: , |

Can you afford to be a landlord? This guide outlines five hidden costs of being a landlord that could impact your decision. 5 Hidden Costs of Being a Landlord Landlords face a number of expenses that can add up quickly. These hidden costs may include: Property taxes Maintenance and repairs Insurance Advertising and marketing Legal fees Here's a closer look at each. Hidden Cost #1 of Being a Landlord: Property taxes One of the biggest expenses landlords face is property taxes. The amount you'll pay in property taxes will vary depending on the location and value of your property, but

1 06, 2022

Should You Buy a Fixer-Upper and Turn it Into an Airbnb?

2022-05-26T19:04:25-04:00June 1st, 2022|Categories: Investing, Investment, Investment Properties, Real Estate|Tags: , |

For many investors, a great strategy is to buy a fixer-upper, put in the work, and then rent the property out as a short-term rental using a service such as Airbnb. But could that be a good plan for you? This guide explains. Should You Buy a Fixer-Upper and Turn it Into an Airbnb? Buying a fixer-upper is a great idea, especially if you have: the time to put into fixing it up the money for repairs and renovations the patience to see the project through from start to finish If you do buy a fixer-upper and get it ready

27 05, 2022

5 Great Books for New Real Estate Investors

2022-05-26T18:54:26-04:00May 27th, 2022|Categories: Investing, Investment Properties, Real Estate|Tags: , , , , , , , |

As a new real estate investor - possibly one who's looking at hard money loans as an option - you're probably searching through all the resources you can find to help launch your business. Check out these five great books for new real estate investors that you may find useful. The Millionaire Real Estate Investor by Gary Keller The Automatic Millionaire by David Bach Your Money or Your Life by Vicki Robin and Joe Dominguez Rich Dad Poor Dad by Robert Kiyosaki The 4-Hour Work Week by Tim Ferriss Here's a closer look at each. Book #1 for New Real

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