Marco Santarelli

NOVEMBER 23, 2024

A clear understanding of your financial situation will help you determine how much you can invest in a new property and whether you need to explore financing options. Building relationships with real estate agents, lenders, contractors, and other investors can provide you with valuable insights and opportunities.

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The Close

NOVEMBER 12, 2024

While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale. Let’s get into it! They may be your new best buds.

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The Close

MARCH 11, 2025

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. Weve identified six steps for how to find for sale by owner homes, along with the advantages and disadvantages of navigating the FSBO process without a real estate agent involved.

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HomeLight

JUNE 16, 2023

In early 2021, “the foreclosure market is almost dried up,” says John Durham , a top agent in McDonough, Georgia with 20 years of experience, including many purchases at auctions. With these caveats in mind, here are ways to finance a cash purchase at auction. There are downsides to hard money loans, however.

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The Close

JULY 18, 2024

While the process is relatively simple in theory, finding the right property, renovating, financing, and managing a rental can be challenging—even for experienced real estate professionals. Once you’ve found an undervalued property, it’s time to consider the best option for financing. Plus, finding a hard money loan can be difficult.

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Realty Biz

MAY 14, 2021

When considering a real estate investment there are a few different loan options for you to consider, including: Conventional bank loans. Going down the route of more conventional financing can make life easier, but it’s important to know that a down payment of 20% is the expected amount for the purchase of a home. References.

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Realty Biz

FEBRUARY 16, 2022

What you need to understand is that you can become successful without having to invest any of your own money. Even if you have it, there is no point in investing your security when there are so many hard money and private lenders lining up to finance your next flip project. Hard Money Loans and Lenders-.

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The Close

DECEMBER 5, 2024

Your real estate agent and the lender will break down your closing costs in a closing disclosure form. Carrying costs typically include financing, utilities, homeowner’s association fees (HOA), insurance, and property taxes. Plus, interest rates on different types of financing can vary drastically. of the purchase price.

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HomeLight

FEBRUARY 9, 2023

Oakland, California real estate agent Daniel Donate , who specializes in investment properties, says that flipping houses in the state is definitely profitable right now. A Top Agent Can Be Your California Real Estate Investment MVP Interested in flipping a house in California? A top real estate agent can help.

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HomeLight

AUGUST 31, 2021

But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. We talked with veteran real estate agents with a combined 30-plus years working with foreclosures to bring you a comprehensive guide to the often confusing world of distressed properties. Pre-foreclosure.

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Lab Coat Agents

FEBRUARY 11, 2022

You’ll come across words like net operating income and hard money loan as you learn more about real estate investment. This is a personal finance metric that compares an individual’s monthly debt payment to their monthly gross income. Hard Money Loan. Join LCA Premium Today.

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Kyle Handy

MAY 5, 2023

Traditional Financing Traditional financing is what most people think of when buying a property. For this type of financing, you take out a mortgage from a financial institution to help fund your purchase and pay it back over time. This type of financing tends to be more affordable and has better lending terms for the buyer.

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HomeLight

FEBRUARY 24, 2023

And according to top agent and real estate expert Heidi Jenkins , Ohio is a great state in which to practice your craft. A Top Agent Can Be Your Ohio Real Estate Investment MVP Interested in flipping a house in Ohio? A top real estate agent can help. Find a Buyer's Agent What is house flipping?

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Realty Biz

JUNE 20, 2023

Real estate agents specializing in foreclosures can also provide you with listings and valuable insights. How to Find the Best Foreclosure Deals Engage a Real Estate Agent: Working with a real estate agent experienced in foreclosures can provide you with valuable market insights and access to off-market listings.

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HomeLight

FEBRUARY 24, 2023

We also talked to Jeremy Larsen , a top-performing agent who specializes in investment properties in Fort Worth , to get some insider tips on the Texas real estate market. A Top Agent Can Be Your Texas Real Estate Investment MVP Interested in flipping a house in Texas? A top real estate agent can help.

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HomeLight

SEPTEMBER 30, 2020

Teaming up with an experienced agent on foreclosure properties and auctions, we’ll answer this question and more — to prepare you for what to expect at a foreclosure auction. John Durham is a successful real estate agent in Henry County, Georgia, and has purchased homes at auction for 16 out of 20 years of his career as a real estate agent.

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HomeLight

FEBRUARY 24, 2023

Massachusetts remains one of the most promising states for house flipping, according to New Bedford-based real estate agent, Byron Ford , who specializes in investment properties. A Top Agent Can Be Your Massachusetts Real Estate Investment MVP Interested in flipping a house in Massachusetts? A top real estate agent can help.

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HomeLight

JANUARY 19, 2023

To learn more about flipping houses in Georgia, we’re talking to Savannah-based real estate agent Jay Mills, a listings specialist with the Hupman Group , to get his perspective on what’s happening in his market. A Top Agent Can Be Your Georgia Real Estate Investment MVP Interested in flipping a house in Georgia? Let’s get into it!

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HomeLight

FEBRUARY 24, 2023

We looked at the factors that can make or break a flip and talked to Florida real estate expert Jeff Riber , a Jacksonville agent with 25 years of experience. A Top Agent Can Be Your Florida Real Estate Investment MVP Interested in flipping a house in Florida? A top real estate agent can help.

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HomeLight

MARCH 10, 2023

We tapped two top HomeLight agents to help you navigate the ins and outs of house flipping in the State of New York as well as provide some tips and tricks specific to New York properties. A Top Agent Can Be Your New York Real Estate Investment MVP Interested in flipping a house in New York? A top real estate agent can help.

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The Close

NOVEMBER 26, 2024

If you’re teaming up with a real estate agent, they can tap into the multiple listing service (MLS), find off-market deals , and give you the scoop on upcoming listings. Some agents even focus on second homes and vacation spots, increasing your chances of finding the perfect property.

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Fancy Pants Homes

MAY 10, 2021

Assessing your finances. There’s really no problem with investing in anything if you have spare money just sitting in your bank. If you don’t have enough cash on hand, make sure you explore your possible financing options first. Do you need to use a home equity line of credit (HELOC) or a mortgage to finance the acquisition?

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Realty Biz

MARCH 17, 2021

It’s crucial to have experts, such as a real estate agent, on board to make the right decision. It’s also incredibly crucial to figure out what your financing options are. You can consider loans such as conventional bank loans, hard money loans, and joint venture loans.

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The Close

SEPTEMBER 11, 2024

A real estate mentor is an experienced, knowledgeable professional who helps new or aspiring agents or investors advance in the real estate industry. Real estate investor mentors support aspiring investors and agents who want to work with investor clients. I also cover how to find a real estate mentor and what to avoid.

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Fancy Pants Homes

MAY 10, 2021

Assessing your finances. There’s really no problem with investing in anything if you have spare money just sitting in your bank. If you don’t have enough cash on hand, make sure you explore your possible financing options first. Do you need to use a home equity line of credit (HELOC) or a mortgage to finance the acquisition?

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House Flipping Hard money loan Renovation Finance 52

Marco Santarelli

JUNE 4, 2021

This allows you to build up your network faster since you’re relying on the same lenders, real estate agents, property managers, contractors, and other real estate professionals. Arrange the real estate financing. Save the money you are receiving in rent for property taxes, insurance premiums, and other upcoming bills.

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Marco Santarelli

AUGUST 11, 2024

Financing Your Investment Understanding how to finance your investment is crucial. Conventional Loans Conventional loans are often the go-to for real estate investors. FHA Loans If you’re a first-time investor, an FHA loan might be right for you. Cons : Mortgage insurance can increase your monthly costs.

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Marco Santarelli

FEBRUARY 24, 2023

Working with a local real estate agent or property management company can be helpful in identifying desirable neighborhoods and properties, as well as navigating local regulations and rental market trends. It's important to work with a local real estate agent who has knowledge and experience in the Pasadena market.

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Marketing Investor Hard money loan Due diligence 88

Marco Santarelli

SEPTEMBER 6, 2020

Lending money through the crowdfunding site eliminates the need to have a detailed contract with the borrower or having an equity stake in the property itself. You can choose the loan duration, whether they’re using crowdfunding to save money on hard money loans or in place of a mortgage.

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Marco Santarelli

JULY 26, 2020

Then you don’t end up cutting into your cash flow with high-interest hard money loans to pay for the little repairs needed to legally rent out the unit or hit your credit cards to pay contractors. You know how long you’ll receive loan payments, and it maybe 10 to 30 years.

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CT Homes

FEBRUARY 23, 2021

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

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CT Homes

FEBRUARY 23, 2021

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

FHA loan 52

FHA loan Renovation Hard money loan Inspection 52

CT Homes

FEBRUARY 23, 2021

Since they financed the fix-and-flip with a hard money loan, they’re on a time crunch to get the property sold, and they’re not willing to drag out the sale with multiple appraisals. That also means they’re less friendly to buyers who are using FHA loans because FHA loans require multiple appraisals.

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FHA loan Renovation Hard money loan Inspection 52

Marco Santarelli

AUGUST 16, 2024

Secure Your Finances Determine your budget: Knowing your financial limitations is crucial. Explore financing options: Research mortgages, hard money loans, and private lending options. Shop around for competitive interest rates and loan terms. This impacts your property selection and exit strategy.

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Marco Santarelli

JANUARY 26, 2023

Use a specialist : Have a real estate attorney or agent who is familiar with the local market and laws assist you with negotiating and closing the deal. These properties are often found through real estate auctions, foreclosure sales, or by working with a real estate agent who specializes in fixer-uppers.

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Housing Wire

FEBRUARY 25, 2025

With nearly three decades of experience in real estate and investing, Ive worked with hard money lenders to secure financing for everything from simple fix-and-flip projects to multi-million-dollar apartment building rehabs. Theres no one-size-fits-all hard money lendereach borrower, project and situation is unique.

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Housing Wire

FEBRUARY 26, 2025

If youve been in this business for a while, or even if youre just starting out, you find the number of agents competing for business can be overwhelming. Many agents rely on traditional marketing methods to build their book of business. Lets go beyond cold-calling and traditional sales methods to learn how to get real estate clients.

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