23 03, 2018

How And When To Obtain A Business License In Nashville

By |2018-03-23T15:00:54-04:00March 23rd, 2018|Categories: Commercial, Investing, Investment, Investment Properties, Leases, Leasing Your Property, New Construction|Tags: |0 Comments

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

By |2018-03-19T15:00:37-04:00March 19th, 2018|Categories: Hard Money, Investment Properties, New Construction, Remodeling Tips|Tags: |0 Comments

  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

By |2018-03-11T15:22:40-04:00March 11th, 2018|Categories: Construction Loans, Flipping, Hard Money, Investing, New Construction, New Homes|Tags: , |0 Comments

  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?

By |2018-02-14T19:59:31-05:00February 14th, 2018|Categories: Flipping, Hard Money, Investments, New Construction, Rehab Loans, Remodeling Tips|Tags: , |0 Comments

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

By |2018-02-07T17:42:08-05:00February 7th, 2018|Categories: Flipping, Home Improvements, Home Upgrades, Investment Properties, New Construction|Tags: , , |0 Comments

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

By |2018-01-27T15:26:39-05:00January 27th, 2018|Categories: Construction Loans, Flipping, Foreclosures, Hard Money, Home Improvements, Home Upgrades, New Construction|Tags: , , |0 Comments

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

18 02, 2016

The Real Reason Your Construction Loan Was Denied by a Major Lender

By |2016-02-18T10:00:03-05:00February 18th, 2016|Categories: Construction Loans, Investment, Loan, New Construction, New Home Development, New Homes|0 Comments

If your bank will not approve your construction loan, you may feel as if it’s because of something you’ve done. In reality, however, you are most likely part of a growing trend. We’re going to crunch the numbers for you to identify why you are not alone, and what you can do about it. As the reports from the FDIC show, bank-approved real estate loans in general have been on the decline for years. The third-quarter report for 2015 shows that real estate loans accounted for less than 3 percent of all bank activity – that’s not much, especially when

12 11, 2015

Investors and Developers: Could You Use Hard Money?

By |2015-11-12T12:56:14-05:00November 12th, 2015|Categories: Commercial, Developers, Investment, Loan, New Construction, New Home Development, Real Estate|0 Comments

In some cases, investors and developers are better off taking out a hard money loan than using a traditional loan. So when is a hard money loan better for developers and investors? Typically, hard money is a better choice when an investor or developer: Needs to close quickly and following traditional funding routes would take too long. Often, banks and other traditional lenders take several weeks – if not longer – to process the paperwork on a loan. Has several good opportunities but not enough cash to accept them all. Banks won’t extend credit if it appears you’ll become over-extended.

5 02, 2014

New Paces Funding Website

By |2014-02-05T21:18:33-05:00February 5th, 2014|Categories: Commercial, Equity Lending, Hard Money, Investment, Loan, New Construction, Real Estate|0 Comments

To start 2014 off, we've updated our website.  New content as well as the ability to apply for a hard money loan online.  If you need an Atlanta hard money loan or for other parts of the south, contact us today at (404) 814-1644 x101 or email Dean@PacesFunding.com.  We also do hard money loans on commercial properties.  Check us out at www.PacesFunding.com

16 07, 2013

Introducing Paces Funding

By |2013-07-16T16:58:27-04:00July 16th, 2013|Categories: Cash Out, Commercial, Credit Score, Equity Lending, Hard Money, Loan, New Construction, New Home Development, New Homes, Videos|0 Comments

Paces Funding is Atlanta’s largest hard money lender. We are leading the way with innovative financing solutions for real estate investors. Our staff has processed over 1,000 loans over the past decade and is excited about the new opportunities we will be providing our clients. Over the next six months, Paces Funding will be introducing new real estate financing and investment opportunities. Contact us today to get pre-approved for a hard money loan.