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
Use M&M Private Lending Group for Your 2017 Investments
If 2017 is the year you’re planning on investing in South Florida’s many lucrative properties, congratulations! You’re already taking the first important step towards building a property portfolio. At M&M Private Lending Group, LLC, we want to help you achieve your financial goals without dealing with all of the red tape and laborious, often lengthy process involved with traditional lenders. … Read More
Three Reasons to Choose a Hard Money Loan
If you’ve been following our blog, you likely know what our business is about and how our hard money loans work. Have you ever wondered why you would need a hard money loan in the first place? We have three great yet simple reasons why. You’ll receive funds faster. In the real estate market, the most lucrative opportunities often require … Read More
Finding Worthwhile Properties Real Estate Groups
A successful real estate investment means finding the best, most lucrative properties. Since hard money loans are generally short-term, the market has little time to spare. So where do you find the best properties? Check out the neighborhoods. As you’re already aware, real estate deals are all about location. Check out which ones have positive sales records, or which ones … Read More
