So you want to flip a house. There are a lot of reasons why house flipping is currently appealing to a lot of young, would-be business people. For one thing, there are a lot of houses currently entering the market. Due to the economic hardship currently occurring, many houses are being foreclosed upon, which results… Read more »
Why Don’t I Qualify For a Conventional Mortgage Loan?
Owning a home is undoubtedly part of the American Dream. But for many people living in the U.S., becoming a homeowner may seem like an impossible feat. With real estate prices continuing on an upward trajectory and many Americans finding themselves facing massive debts, low wages, and the increased costs of living, you may think… Read more »
When the Bank Says No, Get a Hard Money Loan
Private money lenders, or hard money lenders, give real estate loans that are based on the value of the property. When a bank turns you down for whatever reason, a hard money loan is the answer. A hard money lender offers bad credit loans, hard money loans, and private money loans. Get money lent to… Read more »
Become a Savvy House Flipper By Following These Tips
Have you thought about becoming a house flipper? There are plenty of houses for sale that could help you turn a decent profit. However, flipping houses takes some knowledge, hard work, research, and patience. Becoming a house flipper is entirely dependent upon your skills when it comes to many things, especially obtaining the hard money… Read more »
How To Start Flipping Houses
Flipping houses is one of the most lucrative business opportunities available in today’s market. Furthermore, many house flippers have begun their businesses through hard money loans, which allow them to purchase homes to flip. House flipping requires grit and determination, and is not as easy as some may seem. As a home flipper, you must… Read more »
What is a Purchase Money Loan and Is It Right For Me?
Purchase money loans can be the solution that you have been searching for when traditional mortgage loans are not the right answer. Private lending can help to put the cash in your pocket that you need to buy that property you have your eye on. Purchase money loans come with the advantage of quick… Read more »
6 Financial Mistakes to Avoid With Hard Money Loans
Hard money loans are attractive alternatives to traditional mortgage banks. They offer real estate investors fast access to funds to finance their deal. Hard money lenders offer greater flexibility with quick and less stringent approval processes. However, taking on a hard money loan without proper risk assessment may prove costly in the long run. As… Read more »
7 Must-Know Facts about Hard Money Lending
The hard money loans industry dates back to the 1950s when the U.S. economy experienced an overhaul in the consumption of loans. Several decades down the line, the industry has grown to be what it is today. Currently, Atlanta has approximately 50 private lenders operating within the city. The rapid increase in the number… Read more »
Why Hard Money Loans are Reliable Financing Options
Purchasing and renting out homes is an effective way to maintain a substantial flow of income. However, getting to the point of owning a home is a hectic process that requires alternative financing options. On average, every adult American has a debt of close to $38,000. Banks are using this credit record to deny… Read more »
Hard Money Loans Can Be Right for Your Situation
If you are looking for hard money loans, Georgia has the lenders that are ready to fund those loans. Hard money loans Georgia residents have found can be the ideal solution in many different situations. A hard money lender has fewer rules than other lenders, and they offer more wiggle room if you have… Read more »