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How to Fund Your Fix and Flip
Categories: Blog Posts
When looking to fund your fix and flip, it’s important to understand where the money comes from. In general, the money in your bucket comes from two places: lenders and your own pocket. It’s important to know how these funds work together to fund your project. What Does “Lender Funding” Actually Mean? When lenders talk […]
Exploring DSCR in 2023: New Opportunities for Real Estate Investors
Categories: Blog Posts
What can DSCR loans do now in 2023 that they couldn’t do last year? DSCR loans have been around for a long time. In 2023, the real estate climate has experienced a few changes, and knowing how they relate to DSCR loans can help you get ahead of the game. Changing Landscape for DSCR Loans […]
How to Build Credit Like a Pro
Categories: Blog Posts
It can feel overwhelming to build credit, but these three tips and tricks can help you quickly get back on track. 1. Don’t close credit cards you’re not using. You can cut them up so you can’t use them anymore, but let them keep reporting. Credit bureaus see the extra available credit which helps build […]
6 Things to Consider When Estimating Out of Pocket Expenses as a Real Estate Investor
Categories: Blog Posts
What out of pocket expenses should you expect to pay when you’re getting into the real estate investment game? 1. Initial Deposit and Closing Costs When you sign the contract, you’ll need to put down an initial deposit. This is part of what you see in a HUD-1 settlement. Additionally, if a lender lends 90% […]
Fix and Flip Out of Pocket Costs Explained
Categories: Blog Posts
How much in out of pocket costs should you expect for your fix and flip? For every fix and flip or investment property you buy, money is going to come from two places: lenders and your own pocket. We know lenders can lend up to 90% to 85% of the purchase and 100% of the […]