Marco Santarelli

FEBRUARY 24, 2023

Nonetheless, the data suggests that homeowners and potential buyers should closely monitor the market in the coming months to stay informed about any changes that may impact their financial decisions. The current housing market in Pasadena is facing some challenges due to the higher interest rate environment compared to twelve months back.

Marketing 88

Marketing Investor Hard money loan Due diligence 88

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. Acting as a bank to property buyers yields a higher rate of return than you’d see if you left money sitting in the bank.

Loans 144

Loans Equity Renovation Property Management 144

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.

Lending 135

Lending Loans Investor Branding 135

The Close

NOVEMBER 26, 2024

Homeowner Association (HOA) Fees You are responsible for paying HOA fees if you purchase a condo or a home in a planned community with common areas. The seller and buyer will negotiate the price, the bank will clear the loan, and both parties will sign documentation to transfer ownership to the new homeowner and close the transaction.

Purchase and sale agreement 77

Purchase and sale agreement Property Management Finance Banks 77

HomeLight

MARCH 10, 2023

If you need to finance the home with a mortgage, there are a few options you should consider: Hard money loans: These are loans from private lenders for short periods of time — they can come with higher interest rates and can be risky for inexperienced investors. They deploy without thinking.

House Flipping 105

House Flipping Renovation Investor Finance 105