Floridians Believe It’s the Right Time to Buy a Home

A recent survey by the University of Florida found that just over fifty percent of Floridians believe it’s worth buying a home, despite the record low homeownership rates. Less than twenty percent felt it was not a good time, while the rest were unsure. Florida’s homeownership rate remains higher than the national rate. Those in favor of buying a home … Read More

FAMP Broward Chapter’s Annual Trade Show

Closing deals can be tough and may have unexpected issues. At M&M Private Lending Group, LLC, our experienced team takes pride in successfully closing deals and can help you become a better mortgage professional. Join us at the FAMP Broward Chapter’s 2017 Annual Trade Show on March 2nd, from 4:00 pm to 8:00 pm at the Bonaventure Hotel & Conference … Read More

Should You Consider a Multifamily Bridge Loan?

Let’s say you find a really nice multifamily property which practically guarantees a significant return on investment. But, you’re unable to obtain the necessary funds to meet the seller’s timeframe for ownership transfer. For various reasons, you’re also faced with a situation where financing options are unavailable to you. Investors who are unfamiliar with alternative financing may miss out on … Read More

More Renters Equals Greater Rental Development Prospects

Looking for a profitable opportunity in the real estate market? Rent for apartments has risen over 15% in the past five years, leading to a high demand for housing. Developers are racing to meet this demand, with over 300,000 apartment projects in the works for release this year. Millennials, with a median age of 32 and a significant share of … Read More

Use Hard Money Loans for Real Estate Investments

Hey, if you’re planning on flipping properties this year for some extra cash, consider getting help from an investment property lender. They’ll provide the funds you need to succeed, plus added security and an edge. Unlike traditional mortgage loans, hard money loans are based on the value of the property versus creditworthiness. We focus your loan on the property you … Read More

Flipping Is Poised to Make a Comeback

Recent news suggests that property flipping is making a comeback. Last year, flippers accounted for just over six percent of all home sales, with flipping defined as selling a property twice within a year. These numbers represent a jump of over 5% compared to 2015, among the highest levels since 2006. This trend somewhat signifies that rising prices are grabbing … Read More

Why Should You Consider a Bridge Loan?

Bridge loans are a popular option in various real estate markets. These loans act as a bridge between properties when the old one hasn’t sold yet. Generally, people use bridge loans to purchase another property before selling the existing one. The loan terms are determined by the lending company’s guidelines and the existing commercial property or multifamily investment secures it. … Read More

Fix and Flip Your Property with a Hard Money Lender

“Fix and flip” loans are gaining popularity as people invest in real estate for additional income opportunities. These loans differ from property purchase loans as they aim to sell the property for a profit later. Typically, investors buy distressed properties to renovate and sell immediately for a profit. However, traditional funding for fix and flip projects can be challenging, and … Read More

Big Construction Expansion Is on the Horizon – 2017

The 2017 housing market anticipates a rise in single-family home construction due to economic growth and employment gains. In 2016, the NAHB reported a 5% increase from 2015, with just over 1.15 million housing starts. NAHB is now predicting an increase of ten percent in single-family home production this year and an even better twelve percent increase for 2018. Builders … Read More

Good News from the Miami Report, Hard Money Lenders

Released last fall, the Miami Report covers 100+ years of real estate market trends extensively. It includes new and resale condo inventory, rental trends, international market insights, and economic growth. Some of the highlights from the 52 page report show very encouraging signs for the market. Miami’s trendy neighborhoods and Brickell area have witnessed architecturally impressive growth. The region’s limited … Read More