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Bain Capital gains majority stake in residential investment lender Archwest Capital

Housing Wire

We are pleased to partner with Shawn and the Archwest team to deliver dynamic financing solutions to home builders , renovators and landlords who are expanding and improving the critically undersupplied U.S. Archwest provides business-purpose financing for single-family and multifamily homes, as well as mixed-use and commercial properties.

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Leading Australian reverse mortgage lender undergoes rebrand

Housing Wire

We are excited to deliver the Heartland Bank brand to our reverse mortgage customers,” said Medina Cicak, the bank’s newly appointed chief commercial officer. More than half of the company’s reverse mortgage customers (55%) are using their loan proceeds to fund home renovations or to consolidate debt (51%). billion AUD, or roughly $1.2

Mortgages 448
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Property services company MCS enters reverse mortgage space

Housing Wire

It also says that Five Brothers will be integrated into MCS to offer property preservation, maintenance and renovation services. has been in business for more than 50 years and offers regulatory compliant default, rental and real estate-owned (REO) residential and commercial property preservation services.

Mortgages 448
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Predictive analytics for real estate: Best tools + guide

Housing Wire

Smart Data: Over 1 billion data points on residential and commercial real estate. Advanced search filters: Filter by pre-foreclosures, auctions, liens, vacancy and equity. Calculators: Estimate renovation and dwelling additions costs to assist in budget and investment strategies.

MLS 344
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Opinion: Who decides what American neighborhoods look like?

Housing Wire

population — own more than $30 trillion in residential, commercial, industrial and agricultural property. White professionals also dominate the commercial real estate sector. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience. And these legacies of racism persist.

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Institutional SFR players are stuck in the doldrums

Housing Wire

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

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8 Types of Real Estate Investment

The Close

You will find run-down homes for a good deal, renovate them quickly, and then profit when you sell. It’s a profitable venture, but having some DIY skills for repairs and renovations is essential. A turnkey property is fully renovated and ready to rent out, requiring minimal effort from the owner.