27 08, 2018

How Do You Get A Hard Money Loan?

2024-06-17T12:42:42-04:00August 27th, 2018|Categories: Bridge Loans, Commercial, Construction Loans, Hard Money Loans, Home Upgrades, Investing, Investment, Investment Properties, Investments, New Construction|Tags: , |

Are you considering investing in homes to flip them? Considering a hard money loan, but feel unsure about the process? Here's where you will need to start. Check out our hard money lending criteria. If your situation fits our criteria, just fill out the  online loan application or download and fax it to us. When we get your application, we will check it out. We can get purchasers money much more quickly than traditional lenders. Keep in mind that we lend up to 65 percent of the ARV value of the collateral. Luckily, if the loan will be used in part for the renovation or

22 05, 2018

Nashville Has Big Plans For Mass Transit, Could Lead To Significant Growth

2024-06-17T12:46:31-04:00May 22nd, 2018|Categories: Flipping, Investment Properties, Investments, Leasing Your Property, New Construction|Tags: |

Though it seemed like a May 1 vote in Nashville that shot down mass transit for the city sealed the deal, it turns out mass transit is back on the table. Nashville Councilman Swope told News 2 that everything is back on the table as far as looking at creating a new plan for Nashville. Now, the City of Nashville is back at it with big plans for an extremely modern mass transit system. The vision includes light rails, commuter rails, and a larger bus fleet. They are even considering double stacked freeways and self driving buses! All of this

16 04, 2018

Dual Functioning AFCI And GFCI Outlets Keep You Up To Code

2024-06-17T12:47:39-04:00April 16th, 2018|Categories: Construction Loans, Home Upgrades, Leasing Your Property, New Construction, Remodeling Tips|Tags: |

The National Electrical Code requires GFCI outlets in new construction or remodeling of kitchens, garages, laundry rooms and bathrooms. It requires AFCI outlets for new work on kitchens, bedrooms, living rooms and laundry rooms. So, the easiest solution to stay ahead of the game on your income property is to have dual functioning AFCI and GFCI outlets installed all around the living quarters. These handy dual functioning outlets help prevent electrical shock and residential home fires. Insurance companies are please to see these dual functioning outlets and your tenants will be too. If you're merely flipping the property, imagine the

6 04, 2018

2018 North Carolina Building Code

2024-06-17T12:47:44-04:00April 6th, 2018|Categories: Construction Loans, Hard Money, Home Improvements, Home Upgrades, Investment Properties, New Construction, New Home Development, Remodeling Tips|Tags: |

The Building Code Council adopted the 2018 North Carolina Building Code at its quarterly meeting in June, 2017.  The 2018 North Carolina Building Code (Except Electrical) will go into effect no later than July, 2018, according to the state's website.  At that point, we'll see a minimum six month over lap where either the 2012 NC Code or the 2018 NC Code is acceptable. So, when is the new code fully active? According to the state's website, on January 1, 2019, the new code becomes the requirement. Meanwhile, the 2018 Electrical Code went into effect this month. "The Base Documents

23 03, 2018

How And When To Obtain A Business License In Nashville

2024-06-17T12:48:06-04:00March 23rd, 2018|Categories: Commercial, Investing, Investment, Investment Properties, Leases, Leasing Your Property, New Construction|Tags: |

If you're considering purchasing a property in Nashville to use for business, you'll need a business license. If a business is located within the Nashville city limits, the owner must pay for a business license or a minimal activity license. The fee for that is $30. Now, if the business is outside the city limits, but still in the county, the owner still has to pay for a business license or a minimal activity license. Outside the city limits, the fee is just $15 though. If your gross receipts fall between $3,000 and $9,999 during a fiscal year, you only need

19 03, 2018

Building Permit Process In Nashville

2024-06-17T12:48:09-04:00March 19th, 2018|Categories: Hard Money, Investment Properties, New Construction, Remodeling Tips|Tags: |

  All properties within Metropolitan Nashville are zoned for particular uses depending on their zone district classifications. If you're considering an investment property in Nashville, take a look at the city's Zoning Land Use Table. It will let you know what uses are permitted in various zones around the city. The property will be considered "zoned and ready" as long as its zoning matches your planned use for it. Once you've got the property in your hands, you'll probably want to do some renovations. The building permit process in Nashville is pretty straight forward. The building permits are handled by

11 03, 2018

Explanation of South Carolina Building Codes Enforcement Officers

2024-06-17T12:48:14-04:00March 11th, 2018|Categories: Construction Loans, Flipping, Hard Money, Investing, New Construction, New Homes|Tags: , |

  If you're flipping houses in South Carolina, you'll want to know more about the building codes enforcement officers. Here's a quick reference guide. Building Official A Building Official performs tasks and inspections for the local jurisdiction’s building department. They must carry a certification as a building official (CBO). Commercial Inspector A Commercial Inspector performs onsite inspections in at least two construction disciplines. You know, like electrical and plumbing or building and mechanical. What they inspect is decided by the local jurisdiction that employs them. They have to have  certificates or examination records from a recognized code organization. They must

14 02, 2018

Should You Invest In Good Carpet Padding To Flip A House?

2024-06-17T12:49:01-04:00February 14th, 2018|Categories: Flipping, Hard Money, Investments, New Construction, Rehab Loans, Remodeling Tips|Tags: , |

You've got your eye on a potential investment property. You're creating your budget. You want to cut some corners. Should you get cheap carpet padding? Most investors find that a good carpet padding increases buyer interest even more than a good carpet would. Good padding can absolutely help you flip a house. Buyers assume that if you're willing to invest in a quality padding, the home must have quality products everywhere. You can even go with a cheaper carpet if you choose a better padding. It wouldn't even be deceptive. Quality padding can help even low grade padding last longer.

7 02, 2018

Clever Way To Find A Good Tradesman For Jobs You Don’t Want To Handle

2024-06-17T12:49:05-04:00February 7th, 2018|Categories: Flipping, Home Improvements, Home Upgrades, Investment Properties, New Construction|Tags: , , |

Tired of skewed social media reviews leading you to unskilled skilled tradesman? Let's face it, people have friends and family more than willing to give skilled tradesmen and other contractors stellar reviews. Here's one way to get the real scoop on skilled tradesmen like plumbers, HVAC technicians, and electricians. Go to where they buy their materials. Good Skilled Tradesmen Rarely Only Shop The Big Box Stores It's true. Though skilled tradesmen often have to stop by big box stores like Lowes and Home Depot, they generally buy their materials from local suppliers. They go to these suppliers because they usually

27 01, 2018

How A Can Of Paint For The Front Door Can Increase Sale Price By $1,500

2024-06-17T12:49:11-04:00January 27th, 2018|Categories: Construction Loans, Flipping, Foreclosures, Hard Money, Home Improvements, Home Upgrades, New Construction|Tags: , , |

If you earn money flipping houses, every upgrade needs to increase the sale value of your investment. You know you need to paint the front door, because it's weathered looking. But do you know what color to paint it to get the most money from the sale of the house? We do. Zillow analyzed thousands of photos from residential property sales. It looked at specific colors and specific locations on the houses that increased or decreased the average sale price, and by how much. Color makes a huge impact on buyers. Even though it would be easy for the buyer

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