L is for Licensed Contractors

L is for Licensed Contractor

One question we get asked all the time as it relates to fix and flip projects is, “Can I complete the work myself?” If the work is cosmetic, yes you can complete cosmetic work on your own. However, if the work is beyond a paint job and carpets, you will need to hire appropriately licensed […]

K is for Know Your Market

One of the biggest mistakes new investors make is overpricing their finished property on the MLS. Understanding the local market, researching comps, pricing accordingly, and knowing the buyer market are all keys to successfully flipping a property. The more you know up front, the more leverage you have when completing a deal from start to […]

J is for Joint Venture

Hard Money Lenders

Real estate investment projects can take many different forms. A joint venture, or “JV”, is a great opportunity for either newer investors or investors who lack access to capital. A joint venture can be structured in many different ways and usually involves two parties who bring varying strengths to the table. A JV is a […]

I is or Interest Rate

Hard Money Loan

The #1 question every lender receives is “what are your interest rates?” There’s a long and short answer to that question. The short answer is that our rates range from 8.99% to 11.99% depending on the loan, the experience of the borrower, and the nature of the project. The more in depth answer is two-fold. […]

H is for Hold

You’ve likely heard about the BRRRR method, which stands for Buy, Rehab, Rent, Refinance, Repeat. Using this method, investors are “buying and holding” properties for rental, rather than “fixing and flipping. We often get asked what kind of loan program we have for these buy and hold scenarios. Our buy and hold loan program is […]