Determining creative ways to fund your next real estate venture has probably made you seek more information on hard and private money loans. These types of loans are often used in lieu of traditional bank loans due to the flexibility, quick approvals and ability to...
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5 Benefits to Getting an Appraisal on an Investment Property by Darel Daik
We always get questions about appraisals. It is very, very important, especially for a new investor. Be thankful that we are getting an appraisal on the property. This does several things for you, and I am going to explain to you why. Number one, it is going to tell...
What is ARV and How Is It Calculated?
Summary ARV (after repaired value) is defined as the estimated future value of a property after it has been renovated rather than its current value. In other words, ARV is the projected future value of a property that has been fixed and is ready to flip. To determine...
What is a Hard Money Loan?
Hard money loans are asset-based loan whereas the real estate is the primary qualifying factor in approving the loan. Primarily utilized by investors, hard money loans can close in just a few days and offer up to 100% financing on residential purchases. These loans...
What is the best way to build a rental portfolio?
Building a rental portfolio is unquestionably the best way to accumulate wealth. Depending on how much capital you have to invest in real estate will certainly have an impact on how many homes you can actually purchase. A traditional lender will require at least a 20%...
House Flipping Tips: Helpful Advice & Bad Ideas