What to Expect When You’re Expecting (Private Money Loan Edition)

When you're new to private money lending, the process can feel daunting when you don't know what to expect. It can feel like being a new parent, jumping head-first into a process you don't feel qualified to take on! It doesn't have to feel that way at all. We're here to walk you through it so you know what to expect, when, and why. Though your specific questions are best answered by a loan officer directly (call 800-473-6051 to speak with one NOW!), we can scurry over the basics today to give you a big-picture understanding ...

By |2022-01-25T10:59:31-08:00March 16th, 2018|Borrowing|

Planning Your Project

Planning Your Project With each passing day, your loan costs you a little more. Don’t get discouraged...get organized! The best way to assure that you’re maximizing your profits on any given project is to make sure you’re maximizing your time. Well, okay. The BEST way is to buy the property at the right price--we make money when we BUY, after all, and we realize that money when we sell. But I digress…Time is money, but unlike money, you can’t get your time back. TIME IS UN-REFUNDABLE. USE IT WITH INTENTION. Even the experienced investor may need ...

Small House, Big Payoff

Nathan Brown had always watched the flipping shows on TV and talked about one day doing a project, but it wasn’t until he returned from a vacation when he realized it was time to do something about it. With instruction and guidance from Lee Arnold of the Lee Arnold System for Real Estate Investing, Nathan took the plunge. “After so many HGTV, DIY Network and Do It Yourself home shows, we knew it was time to take the plunge. Calling COGO capital was the first step in a great decision. Talking with Lee and his staff, they helped ...

By |2021-09-10T19:55:26-07:00January 26th, 2018|Borrowing, Fixing, Flipping, Getting Started, Testimonial|

Determining Your Property Values

Determining Your Property Values Before you place a bid at a foreclosure auction, you need to understand what a home's value is. You should also know the property's lien position, do a title search, understand your exit strategy, and get your financial ducks in a row. To read more about the other steps <CLICK HERE> 1) Drive by the Property We need to drive by the property. Do not buy a property if you or someone you trust and are working with drives by it. If you buy a property at an auction, you own it. ...

By |2021-09-10T19:55:26-07:00January 18th, 2018|Borrowing, Entrepreneurship, Getting Started, Property Evaluation|