Mortgage Rates Reverse Home Flippers’ Fortunes

Wildly successful just months ago, but now victim to cooling demand. Rising mortgage rates have a new victim: house flippers. Flippers, who were readily turning profits just months ago, have now been caught by the housing market’s pivot as homebuyers reel from mortgage rates approaching 7 percent, according to Bloomberg. “It’s a high-risk, high-reward business — and now we’re facing the high … Read More

It’s Another Great Day!  $198,000 Loan closed in Miami  FL, 33127

Just closed an investment property in the growing Wynwood area, Miami FL 33127. We extended  35 % of the value of the property and we funded in 11 days. All with no tax returns, no credit check, and no financials. For more information contact MICHAEL INTERNOSCIA NMLS#860339.  The following are images of market comparables. Subject property may vary.