Fixing Archives - Hard Money Lender For Fix & Flip Residential Investments

21 Questions to Ask a Private Money Lender

Investing in real estate requires trust. Trust in your process and trust with others. Team work makes the dream work, after all. But before building trust you need to know the people that will be part of your bigger "team." One of these team members is your private money lender. To help facilitate that relationship, we've provided questions to ask your private money lender. This guide will allow you to review lenders and fund you deal in confidence. 1. How Experienced is the Lender in Private Money Lending? As far as questions to ask a private ...

By Charlie Palmer|2021-10-22T11:41:47-07:00October 22nd, 2021|Borrowing, Fixing, Flipping|

Max Allowable Offer

So you’ve found what you think is a great deal. It’s a single-family home in a neighborhood that is on the upswing. You notice homeowners in the neighborhood fixing up the properties and making improvements. This is promising, you think to yourself. But you need to figure out some things, like the max allowable offer you should make on the property. You’ve been watching home prices in the area for months, waiting for a deal you can make some serious money on. You know this property is going to need some work. The former property owner ...

By Charlie Palmer|2021-10-07T17:07:44-07:00October 7th, 2021|Fixing, Flipping, Offers|

Non Recourse Fix and Flip Loans

Did you know that you can use your self-directed IRA to get Non Recourse Fix and Flip Loans? There are many benefits to using your IRA as a tool to buy and flip. These loans are referred to as “Non-Recourse” because they give you liability protection. Read on for more... Use a Self-Directed IRA for Non-Recourse Loans For starters, what is a self-directed IRA? You might be thinking, “I have an IRA, can I use it to invest?” Let’s answer a few questions and you’ll have a better idea about what you can do. A ...

By Charlie Palmer|2021-09-27T14:47:30-07:00September 27th, 2021|Borrowing, Fixing, Flipping|

Think Inside the Box: Profit-Maximizing Loan Criteria

We are often encouraged to think outside the box. Innovative thinking can often bring long-term returns but, in real estate, at certain times in the market cycle, there is a place that brings consistent and timely returns. You can think of it as the “box.”

By Lee Arnold|2021-09-10T19:15:05-07:00November 26th, 2019|Borrowing, Entrepreneurship, Fixing, Flipping|

Guide For The Not So Handy Fix and Flipper

When you think plumbing, you think flood. When you think electric, you think death. When you think cabinetry, you stop trying to think. You want to fix and flip, but cannot tell your thumb from a nail. You are constantly bombarded by all the money that could be had, if only you were more… handy. The best advice you can get? Stick to your strengths. …

By Lee Arnold|2021-09-10T19:16:31-07:00July 8th, 2019|Entrepreneurship, Fixing|

The Secret of Finding your Ideal Fix and Flip Property

What does the ideal fix and flip property look like? While the market is thriving and the opportunities are endless, how do you go about identifying your dream fixer upper? Your bread and butter? Your segue to caviar and jet planes? Or really, what we all want, a happier, highly successful life that gives us the freedom to experience all the things we dream. But… all dreams start somewhere. What does your dream look like? …

By Lee Arnold|2021-09-10T19:16:31-07:00June 14th, 2019|Fixing|

What Everybody Ought To Know About Living In A Rehab Home

Do you ever wonder what it would be like to live in your fix and flip? Maybe it’s in a different city or state, so it might be like a vacation! Maybe it’ll cut the cost of travel or rent? Or, just imagine all the work you will get done! Is living with the roaches and the dust really worth it? Or are you the kind who likes the disorder because you like the break from the world of Mr.Clean and Febreze? Read on to discover if living in your rehab home is really worth the ...

By Lee Arnold|2021-09-10T19:53:57-07:00May 24th, 2019|Fixing|

OPM: How to buy houses with none of your own money

Sounds crazy right? Well it’s completely achievable with the help of OPM. Other People’s Money How do you access OPM? You could reach out to everyone you know and try to borrow money from them… but

By Lee Arnold|2021-09-10T19:53:58-07:00April 12th, 2019|Borrowing, Fixing, Flipping, Getting Started|

In Real Estate Investing: Simple is Best (at first)

We’ve all heard or read the proverbial acronym K.I.S.S. “Keep It Simple Stupid” (or, “Keep It Super Simple” for those of delicate disposition). Working and investing in Real Estate holds the designation of being two things:

By Lee Arnold|2021-09-10T19:53:58-07:00February 22nd, 2019|Entrepreneurship, Fixing, Flipping, Getting Started|

Your 1st Deal Gives You a Competitive Edge

If you've ever been without a job, or tried to break into a new market, you know that the first question asked is: "What's your experience?"

By Lee Arnold|2021-09-10T19:53:58-07:00February 8th, 2019|Entrepreneurship, Fixing, Flipping, Getting Started, Personal Growth|