Should You Invest In Chicago Real Estate? If you're planning to buy a rehab home, take your time; prices will go higher but slowly. Investments in single-family rental properties have good potential in the next few years, as do investments in housing developments, especially apartments . Mortgages have low risk because home prices will go [...]
You want to rehab houses, but where do you start? We see the fix-and-flip “reality” shows that, somehow, manage to have no basis in reality. How hard can it be to buy a house, rehab it, sell it, and retire to a life of luxury on the French Riviera? On TV, it all happens in [...]
The Four Fundamentals of Successful Investing Indeed, many achieve success accidentally. But most investors who profit from investing do so by implementing a strategic technique of investment wizardry that’s certainly not accidental, but one that is earned by mastering the fundamentals of a successful investment plan. Know what investing means Knowledge is key! You must [...]
Buying Foreclosed Property By Way of Rehab loans Rehab loans are an excellent choice for borrowers that desire to simplify and expedite the loan process. These types of loans are based on the value of the property being purchased and beneficial for short term flip projects that last a few months to a few years. [...]
Why do you need a Hard Money Loan? You have decided it's time to do something different. The J.O.B. is keeping you right there. (Just Over Broke) You have a desire to do better and need a means to a better end. You find that Real Estate Investing is your new medium to that financial [...]
We recently funded a 6 unit rehab loan for one of our Chicago real estate investors. The borrower purchased for $87,000 and we funded a $90,000 rehab loan. To get approved apply here.
We fund rehab loans for real estate investors across the country. We have very flexible lending guidelines with stated income, No Doc loans non owner occupied commercial real estate loans. We like to see at least 30% down payment of both the purchase price and remodel budget. We require the after value to be greater [...]
There are lots of alternatives for funding purchase and rehab projects of real estate investors. If you are going to invest in commercial multifamily housing or residential investment properties, you can look for lenders that will pay for your finance purchase or refinance investor rehab projects. You will have to choose from these two types [...]
Rehab loans can be used for buying and fixing an existing property. Through rehab loans, you can borrow an amount that is equivalent to the after repaired value (ARV) of the property. The ARV is based on the appraiser?s estimate. For instance, when the appraiser declares that your rehabbed or remodeled property is worth $250,000 [...]
Rehab mortgage loans might be the answer for home buyers who are looking for a home, but are not finding the perfect home to fit their needs. These loans can be obtained at very competitive interest rates and the rehab mortgage loans can allow homebuyers to finance home repairs within the low interest costs of [...]
