Posts by s98support

In the 1950s, the term “hard money” was coined to refer to loans based on property assets rather than credit. Usually, the lender is a private investor rather than a bank or other financial institution. These types of loans are the preferred financing option for house flippers or deals that are expected to yield returns…

Traditional lenders are typically cagey when it comes to lending for fix and flip properties. This is because the properties in question often require extensive remodeling and there’s no set time on when the project will be completed. The entire business model is a bit too speculative for their conservative tastes. Luckily, hard money lenders…

“Flipping” real estate has come into the popular lexicon due to reality television shows and investment seminars that make the process seem simple and easy. While it is possible to build a business out of fixing and flipping real estate, it does require an understanding of the financial side of these transactions. Because they approve…

Fixing and flipping property is a great opportunity to make money in an exciting, fulfilling venture. But you need to follow some basic rules to make that venture successful, otherwise, you’ll see your investment flop. Follow these simple guidelines to make the most of your fix and flip investment property. 1. Know How Much You…