(Contributor: Dyches Boddiford) Yes, hard money lending is less risky than owning real estate! Think about it. Done properly, your loan will be secured by real estate worth much more than your loan. Personally, loans I make are no greater than 60% of the fixed up...
So here’s a handy tip I ran across the other day — it’s from my personal Short Sale Sherpa (and also one of my best friends on the planet) Shaun McCloskey… It’s simple, sneaky stuff to help keep your vacant houses break-in free while...
So, as you likely know already, it was signed into law on Nov. 6 that not only extends the $8,000 stimulus tax credit for “first-time” home buyers until next spring, but also provides a $6,500 tax credit for some current homeowners who buy another home....
So I know this may be a little controversial, but I think it’s a question worth asking… Of what actual value are “Wholetale” investors? I’m talking about folks (like KISS Flippers, for example) who quick-flip houses in as-is or near as-is...
UPDATE… We published an updated version of this article. You can read it here So here’s one undeniable fact for anyone in the real estate biz: Access to the Realtor’s MLS = Power. MLS of course stands for “Multiple Listing Service”, as in...