New Funding Resources 
As a hard money lender, I have deep respect for the hard work and hundreds of hours our borrowers put into each of their rehabs. Some of that work is exhilarating – think about getting that contract signed, especially when the price is right! Some of it is tedious – pushing through the county bureaucracy and dealing with inspectors. Some of it is downright maddening like when your contractor is dragging his feet or slams you with a change order. When all this hard work is done and your property is about to go on a market, we know you feel like breathing a sigh of relief. But wait. You’re now facing your final challenge – pricing your property right.
Hard Money Blog: Invest, Revitalize, Create, Prosper
Private Money Lenders and the Power of Leverage
As a private money lender, we work with a wide spectrum of clients: from those who are just starting out in the rehab business to borrowers with substantial experience and funds of their own. It’s self-explanatory why someone with only modest savings needs to work with a private mortgage lender. However, why would someone use them if their have enough cash of their own? The answer, my friends, is leverage. This article is a continuation of our series on hard money calculators, so if you need a refresher on the basics, please click here.
Hard Money Calculator: Advanced
This blog is a continuation of our series on how to use our hard money calculator to evaluate a real estate flip, maximize profits and avoid costly mistakes. To read the first installment, please click here. Today we will be covering a fun part: profits, return on investment and my personal favorite – return on the cash you invested in the transaction.
How To Manage Rehab Loans in Washington, DC
From many applications for funding that come to us every day, a big portion is for rehab loans in Washington DC. No wonder, the DC rehab market continues to offer profit margins that are rarely available in the surrounding areas. Rehabbers in the DC area have been consistently making money buying dilapidated properties and turning them into beautiful homes. Their continued success, however, is attracting less experienced (and less well-heeled) investors and driving the competition for distressed properties. As a result, DC continues to offer terrific investment opportunities, but is also a market where it’s easy to make mistakes.
Hard Money Lender in Maryland Shares Emerging Opportunities
As a hard money lender, we are as local as we can be. We only lend in Maryland, Washington DC and Virginia. Why not to expand? – you’ll ask. There are several reasons. For starters, we believe that real estate investing is a local business. The further you stray from home, the less likely you are to understand risks. As a hard money lender in Maryland, we know the pros and cons of each neighborhood. We can effectively advise our borrowers on their potential rehab costs, construction permitting issues and how much time they might need to sell their rehab.
Hard Money Calculator: Basics
We want all our investors to succeed. A success in real estate flipping means realizing a profit that makes your efforts worthwhile to you financially. It’s a highly personal number. Someone might be content in making 20K per transaction, while others might need double that amount to justify the time they spent. This is why we created our hard money calculator: to ensure that our investors – especially those new to the business – are aware of other costs and do take them into consideration when calculating their potential profits.
