Get all the facts about the hard money loan process at Cogo Capital in our latest blog post! Learn how long it takes and what factors can affect the timeline, with insights from our expert underwriter. Plus, get helpful tips for expediting your loan. Don't miss out - read the full post now!
Discover how to reduce your investment risks with private money lending. In this blog post, Gary Meyers, Vice President of Cogo Capital, shares his insights on the potential risks of private money lending and how partnering with an experienced lender like Cogo Capital can help you make informed decisions. Learn how Cogo Capital can help you analyze property values and assess rehab costs to avoid overpricing and exceeding budgets. Click now to read more and mitigate your investment risks with Cogo Capital.
Hi, my name is Gary Myers, and I'm the Vice President of Cogo Capital, and I'm here to talk to you about how to get a loan and some requirements that may be needed. First, it's easy and simple. You reach out to the lender and talk to a loan officer. Once you get on the line with the loan officer, they're going to work the process with you. Understanding the Deal They will ask you questions about the purchase price, rehab cost, and values. They're even going to ask you about your credit score, possible ...
People are inundated with so many ideas today about building wealth. It seems every influencer on YouTube and TikTok have a new side-hustle or online course for you to purchase and pursue. But what, really, is the best way to build wealth today? There's no one answer, as there are many paths to pursue. But something that remains consistent (or inconsistent) is an individual's ability to learn and take action. In this post, we'll explore what it takes to take your life to the next level and how to get "unstuck" if you just don't know ...
Home ownership is a major investment and commitment. It can be costly, with a mortgage payment, utilities, and all the maintenance resting on the homeowner's shoulders. House hacking is the process of buying a home and then turning it into a money-making machine by utilizing part of the property to bring in some extra cash. House hacking is not easy, but it is possible with the right mindset and approach. In this guide, we'll show you how to use your home to "house hack-away" at your monthly mortgage while building equity. What is House Hacking House ...
Are you interested in getting into the fix and flip business? If so, you'll need to get financing for your projects. This can be a bit tricky if you're new to the game, but don't worry—we're here to help. In this post, we'll introduce you to fix and flip loans for beginners and tell you how to get started. Keep reading to learn more! What are Fix and Flip Loans? A fix and flip loan is a type of loan that finances the purchase and renovation of a property. These loans are usually short-term, lasting anywhere ...
2020 is going to be a big year. It is time to set your sights high. Doing big things this year does not mean buying big, it means selling big. You will do yourself a tremendous disservice if you pursue properties that are in the jumbo category because only jumbo lenders can participate in this segment of the market and that represents only about 4 percent of the market. The Cap Now, if you pursue properties where your After Rehab Value (ARV) does not exceed the FHA cap for your area, you’re more likely to get ...
At the center of every real estate deal is the offer. In fact, it is at the center of every business activity. It is to what all your gathering of leads, researching property, communicating with sellers/potential sellers, and scratch paper analysis leads.
The TLA, or the Three Letter Acronym, is almost everywhere in the real estate world, and investors throw these abbreviations around with abandon. Knowing what REO (Real Estate Owned) or ARV (After Rehab Value) means is required when purchasing property and seeking real estate financing.
The one thing that seems to block most people from realizing their dreams is fear. To many, the scariest part of real estate is securing funding. New investors look at lenders as haunted houses and dread the process of funding their deals. Most fear is born of not knowing. Our goal is to provide you the knowledge you need to approach real estate financing unafraid.