New Funding Resources 
Your first flip is a cornerstone of your investment career. It may launch a profitable side business that will steadily increase your net worth. Alternatively, it may sour you on real estate for years to come. Being a first-time real estate investor doesn’t necessarily put you at a disadvantage. However, since you are facing a slew of unknowns, this is not the time to be overly confident. Swaggering attitude is a sure sign of a first-time investor immaturity and a red flag for private money lenders like us.
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Airbnb vs. Long-Term Rental: Which Is the Right Choice for Your Rental Property in MD, DC or VA?
To be honest, until last year we hadn’t worked with many real estate investors who were purchasing a property with a specific purpose of offering it for rent via Airbnb. The majority of the deals we see are still your good ole’ rehabs: a buyer snatches a dilapidated property at the right price, invests blood, sweat, and tears into its renovation, and then sells it at a nifty profit. However, to make money in the tightening market, you have to think outside the box. The Airbnb route is not for every investor and not for every property, but it’s definitely a great example of creative thinking.
Title Issues After A Foreclosure Auction
Leo Tolstoy said: “Happy families are all alike; every unhappy family is unhappy in its own way.” As a hard money lender with over twelve years of experience, allow me to wax poetic about my area of expertise. All successful rehab transactions are alike; every unsuccessful is unsuccessful in its own way. Today I want to share a cautionary tale of how title issues after a foreclosure auction can impact a deal.
Amazing Buy-and-Hold Opportunity in Montgomery Co. – GONE
48 Michael Ct Gaithersburg MD 20877 Offered at $150,000 Condo fee: $293 Rental Income: $1,600+ The only four-bedroom condo in the subdivision! Year built: 1973 Property type: condo/townhouse Levels: 2 levels Living area: 1,365 Assigned parking and plenty of visitors Bedrooms: 4 Bathrooms: 2 ½ CALL OUR SENIOR UNDERWRITER MELISSA FOR DETAILS. 240.436.2340 […]
Amazing Rehab in Opportunity! – SOLD
Gwynns Falls Pkwy, Baltimore, MD 21216 With questions, please call Melissa or Kyle at 240.436.2340.
Grow Your Hard Money Rehab ROI – Continued
This article is a continuation of our series on increasing your hard money rehab ROI. In the previous installment, we’ve discussed ways to strategically allocate your hard money rehab dollars to the areas that have the most impact on your sales price. Today, we will be tackling additional strategies. As a hard money lender, I’ve seen many of our experienced borrowers make their rehabs look more expensive than they actually are by getting the right materials and playing with modern design trends. Here are three best tricks of the trade to give you the bang for your rehab buck.
