Short Sales | Paces Funding

27 04, 2019

Home Flippers: Creating A Wonderful Outdoor Space Can Help You Sell Even Faster

Paces Funding2024-06-17T12:41:18-04:00April 27th, 2019|Categories: Flipping, Hard Money, Selling, Short Sales|

Want some tried and true tips for creating an ambient and lovely outdoor space that buyers will love? Remodeling Magazine was just one of many that seem to estimate the average return on investment for having an outdoor kitchen installed is shockingly high. The ROI could be even more significant if you know how to install an outdoor kitchen yourself. Ideally, outdoor kitchens feature a pleasing, concrete or stone patio and a separate area for dining. Gazebos and pergola also make the outdoor kitchen stand out to homebuyers. A pergola will add value to any house. ROI after having a

26 04, 2019

Defrosting A Freezer On Your New Investment Property

Paces Funding2024-06-17T12:41:19-04:00April 26th, 2019|Categories: Flipping, Investment Properties, Leases, Leasing Your Property, Rehab Loans, Short Sales|Tags: appliance maintenance, defrosting a freezer|

New freezers have self-defrosting features, but old freezers need defrosting sometimes. If you've purchased a new property with an older freezer in the kitchen, garage or basement, you might want to extend its life a little bit. If it's frosted over, defrosting it can add some life to the machine while you wait to get more energy efficient models. Since this is a new property, you won't have to worry about finding a place to store your frozen food. Normally, that can be the biggest hassle. If you've just purchased a home with food still in the freezer, just toss

20 04, 2019

Virginia Highland: One Of Atlanta’s Most Popular Neighborhoods

Paces Funding2024-06-17T12:41:22-04:00April 20th, 2019|Categories: Developers, Flipping, Hard Money, Income, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Short Sales, Tenants|Tags: apartment buildings in Virginia Highland, Atlanta neighborhoods, Hard Money Loans, investment properties in Atlanta|

Virginia Highland, or simply VaHi to residents that live there, is one of Atlanta's most vibrant areas. It combines small-town charm with the perks of living in the city. Virginia Highland is found east of Ansley Park right near downtown. This neighborhood has four separate and distinct villages that are all connected into a very walkable overall neighborhood. Virginia Highland is considered one of Atlanta's most sought after neighborhoods, so if you can find an investment property in VaHi that you can either flip or turn into a rental, you'd be in luck. Some of the homes are over 100-years-old

5 04, 2019

Old Fourth Ward: Atlanta’s Hippest ‘New’ Community

Paces Funding2024-06-17T12:41:33-04:00April 5th, 2019|Categories: Commercial, Flipping, Georgia, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Short Sales, Tenants|Tags: atlanta hard money loans, Atlanta investment properties, Atlanta neighborhoods, Georgia hard money loans, Old Fourth Ward|

The Old Fourth Ward might just be Atlanta’s hippest so-called "new" community, and it appeals to young professionals and first-time homebuyers. If you find a deal on a home in Old Fourth Ward, snatch it up. If you need quick funding to make a property with great potential in Old Fourth Ward, contact us to see if we can help you out. This neighborhood is one of the newest in Atlanta and is found east of downtown and south of Midtown. Millennials are flocking to the area thanks to the new retail and dining from Ponce City Market. The Old

24 02, 2019

Check Downspouts & Gutter When You Buy A New Rental House

Paces Funding2024-06-17T12:41:42-04:00February 24th, 2019|Categories: Construction Loans, Foreclosures, Home Improvements, Home Upgrades, Investment Properties, Leases, Leasing Your Property, Rehab Loans, Remodeling Tips, Short Sales, Tenants|Tags: clogged gutters, DIY projects, downspouts, gutters, Landlords, protecting your foundation, rentals, renting your property, water in the basement|

When you buy a new house that you intend to rent out, be certain to check the downspouts. These get overlooked too frequently and can cost landlords substantially. Attention to these should be part of your typical maintenance. See, for every inch of rain we get, our rooves divert around 600 gallons of water into our downspouts. You must make sure that this water diversion is working the way it should. Know this ahead of time, because renters often don't bother to report on these like this, especially if it doesn't affect them. Check Gutters For Clogs Clogged gutters throw

20 02, 2019

A Basement Water Alarm That Can Alert You To Water In The Basement Of A Rental

Paces Funding2024-06-17T12:41:43-04:00February 20th, 2019|Categories: Foreclosures, Hard Money, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Short Sales, Tenants|

If you have a rental home, you have to be proactive to protect your investment. You can't rely on tenants to tell you when something is up. Too many times, if it doesn't pertain to them, they won't inform you of problems at your rental house. Many people have basement water alarms and sensors that alert them to water in their basements. These work perfectly, because they get alerted, and then fix the problem and save their belongings. These don't work as well for landlords, because sometimes tenants will avoid disclosing issues in your home in order to prevent you

19 02, 2019

Why The Luxury Market Might Be Your Best Investment For House Flipping Right Now

Paces Funding2024-06-17T12:41:44-04:00February 19th, 2019|Categories: Business, Due Diligence, Flipping, Foreclosures, Hard Money, Hard Money Loans, Home Improvements, Investment, Investment Properties, Investments, Rehab Loans, REIs, Short Sales, Taxes|Tags: benefits of flipping luxury homes, flipping luxury homes, Florida house flipping, Florida luxury home market, House Flipping, house flipping market, luxury home flipping, luxury homes in Florida|

House flippers focusing on flipping luxury homes are a part of a rising market. While non-luxury houses aren't flipping as well, this market, if you can afford it is still doing well. Consider that the National Association of Realtors showed that sales of existing homes declined over ten percent in the last year. Starter homes, which are usually a common project for house flippers, are part of a decreasing market. Sales are just down among starter homes. Some of that is because of the higher interest rates too. Many people who house flippers would normally try to sell a starter

18 02, 2019

Five Ways To Get The Best Work From Your Contractors

Paces Funding2024-06-17T12:41:45-04:00February 18th, 2019|Categories: Flipping, Hard Money, Home Improvements, Home Upgrades, Investment Properties, Short Sales, Working With Contractors|Tags: contract labor, contract laborers, contractor checklist, Contractors, contracts, project budgets, project journals, remodeling, remodeling budget, working with contractors|

Do you want to get the best possible work out of your contractor? Some contractors have outstanding work habits, but let's face it, not all of them do. Some contractors need a bit more incentive to give you their best work. Here are five ways to make sure you get the best possible work from your contractors. Get The Best Possible Work From A Contractor Meet with your contractor once a day. Make sure you step foot on the job site at least once a day. That creates a kind of accountability. This is when you can get a progress

15 02, 2019

Do You Know The Signs Of A Bad Foundation

Paces Funding2024-06-17T12:41:47-04:00February 15th, 2019|Categories: Construction Loans, Due Diligence, Flipping, Hard Money, Home Improvements, Investment Properties, Investments, Real Estate, Rehab Loans, Remodeling Tips, Short Sales, Tax Foreclosures|Tags: foundation cracks, foundation inspection, foundation upheaval, horizontal foundation cracks, vertical foundation cracks|

As a real estate investor, you can save yourself money and time if you know how to spot signs of foundation damage when you first look at a potential investment property. Some minor problems can be fixed, of course. If you only spot minor problems, it's possible that hiring a professional evaluator to check the property may be worth it. Not all foundation issues mean you should walk away from an investment property. But you can save yourself the cost of an evaluation if you can spot the major foundation issues yourself. Keep in mind, you're not just looking at

15 08, 2018

Quick Tips For Getting Your Offer Accepted

Paces Funding2024-06-17T12:42:44-04:00August 15th, 2018|Categories: Commercial, Flipping, Foreclosures, Hard Money, Investing, Investment, Investment Properties, Short Sales|

There really are tricks to getting your offer accepted over someone else's offer. You just need to know how to structure the deal. Obviously, proof of funds and pre-approvals for any loans you will get are critically important to a seller choosing your offer. Many won't even entertain an offer without them. Also, remember that to some people, the terms are even more important than the actual money. Your offer might be higher in actual dollars, but if your offer has more complicated terms, they might just pass on you. Don't create extra issues. Try to meet the sellers on

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