What is a Fix and Flip Loan?
Sometimes referred to as a rehab loan, a fix and flip loan can help you purchase, rehab or renovatean investment property. It is a type of hard money loan from a private lender, meaning the lender focuses on the value of the property (the asset) that is the subject ... Views: 587
If you’re a real estate investor in Marylandwho wants to initiate a fix and flipproject, or if you have a new construction project in mind (residential or commercial), a traditional lender (i.e. bank or a financial institution) might not be the way to go. Traditional lenders have a lot of rules ... Views: 447
Most hard money loans pertain to renovation projects or getting you the capital you need to start on a new project while waiting for a previous project to sell. But what about loans for new construction? What if you have a great piece of property upon which you want to build a new residential or ... Views: 414
A hard money loancan be great for real estate investing, especially if you’re new to real estate investing and don’t have the capital to put up front. Essentially, this unique type of loan is a short-term, interest-only loan that is more focused on the asset, rather than your credit score. What ... Views: 416
When it comes to real estate investments, traditional lenders often don’t make sense. For one, traditional lenders are associated with banks, and banks come with all sorts of restrictions that aren’t geared toward real estate investors. And even if you can get a bank to finance your project, the ... Views: 428