Entries by designmaster

Your Mortgage Price: The Determining Factors

benefits of Hard Money  loans

While hard money loans can be used for people will bad, little, or no credit, hard money lenders in Houston can also help investors who want to fix-and-flip a property and need a short-term loan without having to go through the lengthy underwriting process. Instead of going through a traditional bank that relies on credit scores and history, hard money lenders use private lenders and base the loan primarily off collateral assets, most often the value of a property.

Everything You Need to Know About Getting Started With Hard Money Loans

benefits of Hard Money  loans

While hard money loans can be used for people will bad, little, or no credit, hard money lenders in Houston can also help investors who want to fix-and-flip a property and need a short-term loan without having to go through the lengthy underwriting process. Instead of going through a traditional bank that relies on credit scores and history, hard money lenders use private lenders and base the loan primarily off collateral assets, most often the value of a property.

Custom Home Construction Tips That Save Money And Reduce Maintenance

how to flip a house for the first time

Custom Home Construction Tips That Save Money And Reduce Maintenance

Building your customized dream home puts you in charge of the decisions for every aspect of the process from the walls to the roof shingles. It can be an exciting journey that will create the house that you and your family will enjoy for years or decades to come. Seeking out custom home construction tips that save money and reduce maintenance costs will help make this enormous investment in your future a more cost-efficient endeavor.

16 Ways to Tell If That Fixer-Upper Is Flip-Worthy

how to flip a house for the first time

How to flip a house for the first time

Get familiar with the local real estate market before deciding if you should buy.

“A fixer-upper is a good buy when you have at least three similar properties that sold in the same subdivision, preferably within the last 90 days and within a quarter-mile radius of the subject property,” said Jesse Anokwuru, a real estate investor and loan officer at Tidal Loans.

HOW TO REFINANCE A HARD MONEY LOAN

hard money investor refinance property, temp to perm loan

WHAT IS A TEMP TO PERM LOAN

What is a Temp to Perm Loan

So, you found the perfect real estate investment property you want to hold as rental investment. You got a sweet deal on the property, executed the contract, called us at Tidal Loans for a hard money rehab loan. We funded the property fast, closed the loan with no money down, completed all construction draws and have the property on the market leased for above market rent! Everything is perfect, just need one more step. You need to refinance the temporary hard money loan to permanent financing. It’s a very important step for real estate investors, because the higher rate on the temporary loan will hurt the property’s cash flow. The mortgage rates on conventional loans tend be lower. Here is how Tidal Loans assist our clients refinance their hard money loan.