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If you’re interested in property flipping, you may consider private or hard money lenders. While they may appear similar, there are significant differences between the two. Private lenders assess your eligibility based on your ability to pay, credit, and collateral, just like a traditional mortgage. In contrast, hard money lenders are less concerned with credit, assets, and income. One of … Read More

Many investors use hard money loans for short term needs, such as acquiring real estate. Typically, hard money loans have a duration of one month to five years, which is significantly shorter than traditional mortgages that can span ten to thirty years. However, traditional mortgages can be difficult to obtain for distressed or vacant properties, prompting investors to turn to … Read More

The NAR predicts that as more millennials become homeowners, existing home sales will increase. The chief economist estimates that sales will reach about 5.36 million, the highest in ten years, with an expected growth of 2% in 2017 to an average of 5.46 million, and a further increase to 5.68 million in the following year. The rise in interest rates … Read More

Investors are increasingly turning to hard money loans due to the greater difficulty in obtaining traditional loans, and it’s becoming the preferred method for many. While banks have increased their requirements and restrictions, hard money loans offer efficiency and speed, with fees and interest rates that are worth it for investors. Income verification is often a hurdle for investors seeking … Read More

Hard money loans have become increasingly popular among investors due to the greater difficulty involved in getting a traditional loan. With its efficiency and speed, hard money loans are becoming the preferred method of getting a loan, even for those who typically finance their properties through a bank loan. Hard money loans sidestep issues with income verification, and you can … Read More

Global commercial real estate investments by Asian investors may set a record based on the first half of this year. 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 million when compared to … Read More

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