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TAKE A TUTORIAL ON HARD MONEY LOANS

Read Here There are many misconceptions in the marketplace about hard money loans, as well as some confusion about the differences between hard money lending and private lending. Although the precise definition is debatable and varies by source, a hard money loan is...

BUILD TIES THAT BIND

Read Here As a commercial mortgage broker, it is easy to get caught up in a daily checklist of duties. You should not forget, however, the importance of dedicating time each day to forming and maintaining solid relationships. Building strong ties with clients and...

SEIZE THE DAY

Read Here In recent years, there has been a surge in demand for single-family rental (SFR) homes. Investors have recognized this and are eagerly looking for homes to buy and rent out. And while the SFR market was dominated immediately after the Great Recession by...

POST-PANDEMIC OPPORTUNITIES ARISE FOR PRIVATE LENDERS

Read Here The housing bubble of 2008 ushered in a golden age for hard money and private money lenders. Conventional lending tightened due to worries about the economy while lawmakers in Congress and statehouses debated a host of regulatory changes. Opportunities...

AVOID A FIX-AND-FLOP DISASTER

Read Here Money can cause people to make emotional decisions, but numbers don’t lie. The ability to effectively manage cash is the first skill every small-business owner must master in order to successfully grow — even when the practice feels counterintuitive. So,...

DELEGATE TO ELEVATE

Read Here Commercial mortgage companies typically want to get bigger. As your company grows, however, so do the management challenges. The owners and leaders of growing companies need to learn which tasks to focus on and what to pass on to their employees. Delegating...

HARD MONEY LOANS CAN GROW YOUR INCOME

Are you good with numbers and great with people? The professional world is your oyster. It’s no surprise that many people with these skills go into finance — the growth opportunities in mortgage loan origination are often just too good to pass up. While traditional...

HOW TO GET RID OF REAL ESTATE FORECLOSURE SITUATIONS

What exactly is foreclosure? Foreclosures are a result of borrowers being unable to pay home loan payments. Usually, property foreclosures take place when there is a court or trustee action which involves a home loan company, a lender, or perhaps a mortgage holder...

ADVANTAGES AND DISADVANTAGES OF HARD MONEY LOANS

Who Should Use a Hard Money Loan? Because of various reasons, hard money loans are the primary choice for real estate investors. Fast funding needs are the primary reason to use a hard money lender. It has been seen in many situations hard money loans can be funded...

ONE OCCUPANCY

In 1940, the percentage of one-person households in the USA was 7.7%, by 1960 it was 13.3%, and by 1980, 22.7%. In 2000, the rate was 25.8% and in 2016, 28.1%! DC has the highest percentage of one-person households at 42%, followed by RI at 31.8% and MT at 31.5%....