Investors have resurfaced in home flipping, seeking out markets to find homes in need of a facelift in order to earn a profit. At one point, the practice was considered a factor in contributing to the housing crisis, but it has since become a welcome sign as some city officials view it as a means of solving the affordability crunch. … Read More
Investors Should Go with Hard Money Loans
Hard money loans have become increasingly popular among investors, thanks in part to the greater difficulty involved in getting a traditional loan. In fact, it’s becoming the preferred method of getting a loan. With its efficiency and speed, the fees and interest rates make hard money loans worth it, even for those that typically finance their properties through a bank … Read More
Asian Investors Love Miami
If the first half of this year is any indication, global commercial real estate investments by Asian investors may end up setting a record. Among the country’s markets that are seeing the greatest amount of benefits, Miami comes in fourth place. Per reports, Asian investors spent over $600 million on Miami real estate, a dramatic rise of more than $30 … Read More
Home Prices Rise in August
Some good news for the housing market is emerging. The prices for U.S. homes managed to see positive gains during August as a greater number of homebuyers found themselves competing for fewer available properties. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index saw a healthy gain of just over five percent in August, following a previous five percent … Read More
M&M Private Lending Is Heading to FAMP Miami Chapter Trade Show
We’re very excited to announce we will be making an appearance at next month’s FAMP Miami Chapter Trade Show! The convention is being hosted by the Florida Association of Mortgage Professionals, which aims to advance the mortgage profession through education, ethical practice, and advocacy. The show will be held at the DoubleTree by Hilton Miami Airport Convention Center and kicks … Read More
Banks May Not Offer the Best Rates
Mortgage rates are at some of the lowest rates they’ve ever been, but experts suggest that borrowers may not be receiving the best rates that they deserve due to the way banks price mortgage loans. Loans need to be attractive to the investors that purchase them from a bank, and since lenders wish to make a profit, the rates may … Read More
Investors Eye Real Estate Opportunities in 2017
A recent survey involving 1,000 U.S.-based investors determined that nearly 90 percent of them are showing a keen interest in making real estate investments as part of their investment strategy in 2017. The survey also showed that 80 percent of investors view a real estate portfolio as one of the best ways to leave their families a strong financial legacy. … Read More
Foreign Investors Set Their Sights on Commercial Real Estate
Miami’s once feverish residential condo market sales pace may be slowing down, but it’s opening up increased opportunities for the commercial real estate market. Foreign buyers have in the past set their sights on investing in South Florida’s always lucrative pre-construction residential condos, but they are now shifting their attention to income-producing commercial real estate properties. This shift in focus … Read More
Florida Cities Come out on Top
If you’ve spent any time exploring South Florida real estate, you’re probably aware of the many worthwhile opportunities the region presents when it comes to finding lucrative investment property and opportunities. Cities like Miami continue to attract domestic and international investors, and a recent survey only reinforces that The Sunshine State remains one of the best when it comes to … Read More
What’s the Deal with Mortgage Applications?
Despite the fact that a more significant number of borrowers are taking advantage of considerably low mortgage rates, housing experts believe that mortgage applications should be higher than what they currently are. Per the Mortgage Bankers Association (MBA), total mortgage applications rose over 2.5 per cent during the beginning of the month, including applications for home purchases and refinancing. This … Read More
