/Tag: REIs
14 09, 2018

What Qualifies As Proof Of Funds?

By |2018-09-14T10:18:38-04:00September 14th, 2018|Categories: Flipping, Hard Money, Income, Investing, REIs|Tags: , |0 Comments

Earlier, we discussed what a Proof of Funds letter was and why people need them. So, what qualifies as Proof of Funds and where do you get them? Anywhere your liquid assets are held can provide you with a proof of funds letter. Of course, this means that your bank can provide you with a proof of funds letter to show that you have money in your account. Plus, certain credit lines or money market accounts might qualify too when the funds can be readily accessed. These institutions can also provide you with a proof of funds letter. Unfortunately if

27 12, 2016

REI Resources for Beginners

By |2016-12-27T10:00:29-04:00December 27th, 2016|Categories: Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments|Tags: , , , , , |0 Comments

Not all real estate investors were born into the business. If you’re like most people, you’re probably wondering if you’ll continue this venture after flipping your first home or finding a tenant for your commercial building. Should you decide that real estate investing is your calling, where can you go to learn more? Most real estate investors didn’t start at the top—they were rookies once, too. In a business where you’re often working alone, how do you find what it takes to be the best? Network You’ll learn a lot by networking locally with other real estate investors. It is

12 12, 2016

Flipping a “Hoarder” House: Is It Worthwhile?

By |2016-12-12T10:00:59-04:00December 12th, 2016|Categories: Due Diligence, Flipping, Hard Money, Hard Money Loans|Tags: , , , , , |0 Comments

If you recently purchased a home as-is, you may be just finding out that the previous owners were hoarders. If your deal of a lifetime includes trash (or worse) from floor to ceiling, you’re probably wondering what plan of action you should take. What to Do With a "Hoarder" House If you’ve assessed the home and think there may be some buried treasure—hey, it’s been known to happen—it may be a good idea to hire a cleaning service that you’ve depended on in the past. Having a contractor you trust (especially if you think there may be valuables) will be

7 12, 2016

What is Due Diligence in a Real Estate Transaction?

By |2016-12-07T10:00:04-04:00December 7th, 2016|Categories: Due Diligence, Hard Money, Hard Money Loans|Tags: , , , |0 Comments

If you’re interested in purchasing commercial real estate, make sure there is a due diligence period included in the contract. Not only that, but you must take advantage of this period to the fullest; you don’t want time to slip away from you. What is Due Diligence in a Real Estate Transaction? Due diligence is the period of time a buyer has to investigate the condition of the property and all the paperwork that comes with it. A seller is required to disclose any issues that may be of interest, however, they are not always known at the time, or