Hard money lenders giving collateral based loans Personal hard money lenders have been in the business of giving loans and loan services to individuals who need hard money loans (loans collateralized by real estate.) Private hard money lenders might be primary hard money lenders or brokers of hard money loans. Many personal lenders are, in [...]
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 [...]
Things To Know About Real Estate Investing 1. Collaborate. Find great team members to help you pull off your overall vision. One person alone can only handle so much (and it limits your education). – Ken McElroy 2. Know your numbers. It is easy to get emotional about a deal, no matter how experienced you [...]
Real Estate Investing Mistakes 1. Planning as you go. Andy Heller, an Atlanta-based investor and co-author of "Buy Even Lower: The Regular People's Guide to Real Estate Riches," says lack of a plan is the biggest mistake he sees new investors make. They buy a house because they think they got a good deal and [...]
Hot neighborhoods poised to see growth among modest real estate forecast Chicago homeowners have been waiting for real estate values to bounce back and homeowners should now be excited to find neighborhoods are poised to see appreciation. On average, home prices in the Chicago area will climb 6 percent this year. That contrasts with a [...]
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 [...]
No Money Down Strategies That Work Can you get a no money down loan with private money lenders. Most banks require an abundance of paperwork, closely scrutinize your finances and payment history, and request document after document. Private money loans are a creative solution to easy financing and quick cash with little to no money [...]
