A hard money loan is a real estate investor’s greatest tool. Unlike a traditional mortgage or loan, it’s faster, more flexible, and you don’t have to jump through as many hoops. Without them, building wealth as an REI is far more challenging. Eventually, though, you might want to replace it with a longer-term loan. For …
As a real estate investor, you know the trials that come with securing a loan for an investment property. Too often, traditional lenders determine eligibility based on personal income. Moreover, investors take deductions on tax returns that reduce taxable net income, which can have an adverse impact on mortgage loans. However, investors have a variety …
When you’re a real estate investor, you have several options for how to handle your investment properties. Often, people fix and flip houses or turn them into rental properties for continued income. However, wholesale real estate is another profitable option. Done right, you never have to put down a dime of your own money. Real …
The BRRRR method stands for Buy, Rehab, Rent, Refinance, Repeat. It’s an approach to real estate investment that REIs use to flip a distressed property, rent it out, get a cash-out refinance, and use the profits for their next purchase. What sets this method apart from other investment strategies is that it focuses specifically on …
A successful fix and flip will involve risk, but the reward is exponential. How you approach that risk is what makes or breaks the deal, which is why the first step to a successful fix and flip is to choose the right lending partner. Once you’ve established a relationship with your lender, it’s time to …
