Helpful Hints |
What is a 203k Loan?
November 5, 2019
If you are in the market for a new home you may be considering your financing options. There are many types of loans available, and some are better suited for certain situations than others. In some cases, properties may need some improvements which can be done with a renovation loan, but for some buyers, there […]
3 Things to Look for in a Private Money Lender
October 4, 2019
Many homebuyers find that traditional mortgage loans may not be the best option for them. Loans from large lenders often have limitations that may not serve all buyers, so a private money lender can become a great resource in these situations. Because private money lenders are privately owned they are able to offer more customized […]
Where Does a Private Money Loan Come From?
May 4, 2018
In order to get a private money loan, you must start with a licensed lender. A private money lender is a company that is a separate entity from a bank or institution that loans money secured by a deed of trust for the primary purpose of funding a real estate transaction. The purpose of a […]
Tips for Hiring a Baltimore Private Money Lender
December 4, 2017
A new real-estate investment can be an exciting and profitable venture. But the start up can be difficult due to money constraints. Have you considered a private money loan? Private money loans originated from Baltimore private money lenders are a great way to get money for a rehab property, fast. Here’s how to narrow down […]
Where Does the Term “Hard Money” Come From?
October 15, 2017
If you’re involved in the real estate industry, you’ve probably heard the term “hard money” before. But what exactly does hard money mean? Where does the term come from? In this post, we’ll go over where the term “hard money” comes from, and why these types of real estates loans should really be named something […]
Know Your Turf
September 15, 2017
As a rehab lender or rehabber, you need to know your turf. In other words, you need to know or be able to learn your neighborhoods. An alternative here would be to work with someone who knows the areas; just be sure you can trust that person. Why is this important? When investing, you need […]
What and Why a Rehab Loan?
August 8, 2017
Rehab loans are great for taking a subpar home and fixing it for resale. These types of loans are easy and a useful way to obtain financing for a home which has a low purchase price and needs substantial amount of work. Here’s more on these types of loans and the process. When do you […]