COVID-19’s Impact on Real Estate Investor Loans – (Residential Hard Money Lenders)
At the start of the pandemic Covid-19 hit the lending market like a sledge hammer. Banks, hard money, private money, bridge loans, everything froze in an instant. As the owner of an online lending platform I was in the middle of it all. Investors that wanted to refinance their properties couldn’t and the brave ones […]
Quick Guide to Rehab Costs and Lifespan
One of the aspects of real estate investing that seems scary is determining rehab costs on a fix & flip or repair & maintenance costs for a rental. Good news is, it’s not as hard as you think. When you’re getting a short term hard money loan you need to estimate what your rehab costs will be […]
The Last Place You Need to Look
We have every type of investor friendly lender in our network. You fill in the loan you’re looking for and we match you with the appropriate lenders INSTANTLY.
Finding deals
There’s no magic bullet here. You need to have multiple streams of leads. Spread the word to everyone you know that you’re looking for deals. Tell them what you’re looking for. Here are some other deal finding methods: Wholesalers Call For Rent signs Direct mail Realtors Ads Auctions Networking Local real estate groups… You need […]
Increase your multi family profits
Vending store: Having vending machines at your property is common but what about taking it to the next level and installing a vending store? Yes, you can place an entire vending store in your lobby or common area. You can lease these stores that are about 10×12 feet and carry everything from food, beverages, cleaning […]
Automate your real estate marketing
Website chat: You can use services like Chatbot or ZenDesk to automatically answer questions on your site 24/7. This provides instant customer satisfaction and increases your chances of customer acquisition. Email drips: Using ActiveCampaign or MailChimp you can set up emails to go out at regular intervals to your list. Don’t rely on you finding […]
Best time to buy real estate?
There’s a saying, that comes from an old proverb about planting trees… “The best time to buy real estate was 20 years ago. The 2nd best time is now”. Everyone is always trying to time the real estate market. They want to buy when the market is at the bottom. Sounds good in theory but […]
Can’t get a loan from your bank?
There are any number of reasons a traditional bank will deny someone a loan on their investment property. Low income, low credit score, lack of landlord experience, debt to income levels, tax returns, self employed or lack of W2 income…it’s almost like they are searching for a reason to deny you. Don’t take it personally. […]
Growing your portfolio
You’ve bought a rental or a handful of rentals but now you’re looking to take it to the next level. How do you become an investor with hundreds of rental properties? You need a plan. If you continue operating the way you are now, your outcome will stay the same. At your current pace, when […]
