The Lender

The New Silver House Flipping Guide: How To Pick A House To Flip

How To Pick A House To Flip – Beginner’s Guide

Reading Time: 9 minutes 2020 has been a tough financial year across the board for real estate, but there is one silver lining that is getting investors excited. The coronavirus has brought about some of the lowest historical mortgage rates, and this has resulted in a spike in the number of people that can

How To Find Out What Houses Sold For In An Area

How To Find Out What Houses Sold For In An Area

Reading Time: 3 minutes Pricing your home depends on many factors, but one of the largest is the sales price of recently sold homes. It seems odd that other homes would determine how much you can ask, but it’s a part of the fair market value and how lenders ensure the home is a

The Average Cost To Flip A House: Everything You Need To Know

The Average Cost To Flip A House: Everything You Need To Know

Reading Time: 7 minutes When you’re planning on getting started in house flipping, the most important thing you’ll do as an investor is to calculate all the costs. The question is what you’ll need to estimate for, and how to find all the numbers you need.  Flipping houses can be a bit of a

Can You Take Out A Loan To Flip A house

Can You Take Out A Loan To Flip A House?

Reading Time: 7 minutes Quick Summary In a perfect world, it would be possible to take out home flipping loans with the same low-interest rates and repayments as a traditional mortgage. However, the simple reality is that more often than not, banks are unwilling to provide the capital a house flipper needs to execute

How Much Should You Offer On A Bank-Owned Property?

How Much Should You Offer On A Bank-Owned Property?

Reading Time: 4 minutes You found a property you think will make a good investment, but it’s a bank-owned property. What will this mean if you are interested in acquiring it? The price is discounted so you know that there will be a lot of competing offers and you’ll want yours to stand out.

Best Markets For Flipping Houses: A 5-Minute Guide

Best Markets For Flipping Houses: A 5-Minute Guide

Reading Time: 7 minutes The secret to becoming a successful house flipper is not only knowing what investment strategy you want to follow but also how to spot the markets that are ripe for investment in the first place. In 2020, house flippers have earned solid gross profits on average, with most investors bringing

The Steps To Calculating Costs To Borrow Hard Money

The Steps To Calculating Costs To Borrow Hard Money

Reading Time: 3 minutes Step 1: Know The Home’s Purchase Price First, find out the home’s purchase price or determine the amount you’ll bid. This is the base amount of the transaction. You won’t borrow this full amount since you’ll need a down payment, but it’s the basis of the calculation. The home’s purchase

The Most Important Factors When Buying A House

The Most Important Factors When Buying A House – Beginner’s Guide

Reading Time: 11 minutes Buying a house is one of the most important financial decisions a person can make. In most cases, a 30-year mortgage will be used to finance the purchase of a home, representing the longest financial commitment possible for most American people. Given the weight of this particular decision, it makes

How Much Does A New Fence Add To Your Home Value?

How Much Does A New Fence Add To Your Home Value?

Reading Time: 3 minutes You want top dollar for the home you’re selling – who doesn’t? But buyers look at a lot of facts and figures including whether the home has a fence.  So does a new fence add to your home value?  It depends. In many areas, it’s a resounding ‘yes.’ In other

What Permits Do You Need To Remodel A House?

What Permits Do You Need To Remodel A House?

Reading Time: 3 minutes If you’re remodeling a house, you may need permits before you do the work. This applies whether you do the work yourself for you hire a contractor. You may need a permit whether you’re adding a bedroom, fixing a bathroom, or finishing the basement among others.  Your local building department