As a real estate investor, you may be tempted to overlook zoning for properties you are renovating. For properties with rehabs of over 50% of their value, it is always a good idea to confirm their zoning. Read on to find out why. What Is Zoning? Zoning refers to a set of rules or regulations… Read More »
Why Consider New Construction for Investment Properties
The real estate market has been experiencing a steady price rise, making it increasingly challenging for investors to find suitable properties with enough profit margin for fix-n-flip projects. Further, investors may face difficulties renovating a distressed property due to unanticipated problems concealed within the walls, leading them to allocate even more funds toward a venture… Read More »
How to Choose a Hard Money Lender
Hard money lenders, also known as private lenders, are different from banks. Because they are funded by private investors, you will find much more variability in the qualifications they impose for property and borrowers than among banks. Moreover, a hard money lender is not subject to the same banking and mortgage lender regulations that govern… Read More »
How Does Hard Money Lending Differ from Conventional Lending?
Hard money lending is, in some ways, like a conventional loan. You apply for the loan. If you are approved, the loan is funded. You repay the loan, with interest, over a predetermined term. However, hard money lending differs from conventional bank loans in the details. Specifically, the application for hard money loans, the loan… Read More »
Getting Started in Real Estate Investing
If you own your home, your home equity may be your biggest asset. However, few people would consider home equity to be an investment asset because it does not produce income. Rather, its value comes as collateral on a home equity loan, home equity line of credit, or mortgage and it can only be monetized… Read More »
