Read This Before You Buy a Home This Summer
Let’s face it: ‘investing’ in anything is simply a more formal, standardized, and relatively stable form of ‘gambling.’ There’s a degree of risk whenever something is put on the line, whether it’s time or money.
Investing in Real Estate with Little Money or Experience
Investing in real estate can be a rewarding, profitable career that if done right can set you and your family up financially for the rest of your lives. It can be tough to get started in real estate if you are coming into it with little capital and experience dealing in the market.
Your Mortgage Price: The Determining Factors
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
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.
What Is Transactional Funding? The Ultimate Guide for Real Estate Investors
WHAT IS TRANSACTIONAL FUNDING?
Since the real estate bubble burst and lenders began instituting stricter lending policies, investors wholesalers who deal with motivated sellers of distressed properties rely on transactional funding to close the deal.
Debunking 6 Hard Money Loan Myths
Debunking 6 Hard Money Loan Myths
A lot of myths surrounds hard money loans, and many people who would benefit from a hard money loan are put off by the stigma that surrounds them. Here are six myths about hard money loans.
Custom Home Construction Tips That Save Money And Reduce Maintenance
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.
How to Line Up Buyers for Your Fix and Flip
How to Line Up Buyers for Your Fix and Flip
The goal of a fix and flip is to purchase a property and make needed repairs and renovations before reselling the property as quickly as possible. Any delays in the process will decrease the value of your investment due to holding costs such as loan interest, property taxes, and utility costs.
16 Ways to Tell If That Fixer-Upper Is Flip-Worthy
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
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.