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. Buy a single property with your cash down payment, a mortgage, and your business plan.

Loans 144

Loans Equity Renovation Property Management 144

Marco Santarelli

DECEMBER 22, 2020

Real estate or mortgage note investing is owning real estate without property management or without becoming a landlord where the homeowner pays the investor instead of the bank. A real estate mortgage note is a promissory note secured by a mortgage loan. It’s a way of saying promissory note secured by a piece of property.

Mortgages 122

Mortgages Purchase and sale agreement Fixed-rate mortgage Loans 122

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 statistic is used by lenders to assess a person’s capacity to manage monthly loan repayments. Hard Money Loan. Internal Rate of Return.

Hard money loan 52

Hard money loan Debt-to-income ratio Investor Loans 52

The Close

NOVEMBER 26, 2024

Lenders prefer to see fully stabilized properties when you’re looking for home equity loans or lines of credit. Also, be aware that some lenders have a “seasoning period,” essentially how long you’ve owned or financed the property. These loans can have rates from 12% to 18% but can be funded in 15 days.

Finance 77

Finance Equity MLS Investor 77

Norada Real Estate

JUNE 22, 2022

There are many options available to finance turnkey rental properties. Among them, non-recourse loans, hard money loans, and private loans are the most popular. In the case of a Non-Recourse Loan, the investor puts an asset forward. Financing Turnkey Rental Properties. Steady income.

Finance 96

Finance FHA loan Investor Loans 96

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. Know who you would likely use to secure a property and manage it before you tour the property. Narrow Down Your Scope.

Renovation 107

Renovation Property Management Investor Hard money loan 107

The Close

NOVEMBER 26, 2024

As you consider the process of how to buy a vacation home, here are the main benefits and disadvantages: Pros Cons A vacation property can provide an additional source of income. Whether you rent the property or not, you'll be responsible for utilities, maintenance, taxes, and property management fees.

Purchase and sale agreement 77

Purchase and sale agreement Property Management Finance Banks 77

Marco Santarelli

SEPTEMBER 6, 2020

Instead, we’re suggesting you loan money to other real estate investors through crowdfunding sites. You can diversify your holdings, loaning several hundred or thousand dollars to each would-be investor. You get a higher interest rate than you would if it sat in a money market account. Fixing & Renting Property.

Lending 135

Lending Loans Investor Branding 135

Marco Santarelli

AUGUST 11, 2024

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. Hard Money Loans Hard money loans might be suitable for quick flips or investments.

Marketing 52

Marketing Hard money loan FHA loan Investor 52

Marco Santarelli

AUGUST 16, 2024

Explore financing options: Research mortgages, hard money loans, and private lending options. Shop around for competitive interest rates and loan terms. Cap rate calculation: Calculate the capitalization rate by dividing the property's net operating income by its market value.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

Marco Santarelli

FEBRUARY 24, 2023

Factors such as location, property condition, rental rates, and local regulations should be considered when investing in a rental property in Pasadena. Considerations for Investors: Pasadena's real estate market is competitive, so investors need to act quickly to secure properties.

Marketing 88

Marketing Investor Hard money loan Due diligence 88

Marco Santarelli

AUGUST 13, 2024

Here’s a brief overview: Types of Loans : Look into fixed-rate vs. adjustable-rate mortgages. Alternative Financing If traditional loans aren’t appealing, consider alternative financing options: Hard Money Loans : These are typically used for short-term investments and can come with higher interest rates.

Marketing 52

Marketing Finance Hard money loan Investor 52

Marco Santarelli

AUGUST 13, 2024

You can consider traditional mortgages, hard money loans, or even cash purchases. If diving into property management isn’t your jam, you might want to look into leveraging lower-interest loans. Financing Options Your financing choices will significantly impact your investment.

Marketing 52

Marketing New Construction Hard money loan Construction 52

Marco Santarelli

JANUARY 26, 2023

Secure financing: There are several options for financing a fix-and-flip project, including traditional mortgages, hard money loans, or private money loans. Remember to pay the closing costs and pay off any outstanding loans. Be sure to factor in contingencies for unexpected expenses.

Investor 40

Investor Due diligence Renovation Property Management 40

The Close

SEPTEMBER 11, 2024

On the other hand, real estate investing mentors focus on developing ways to understand the current rental market, finding tools to locate properties, evaluating deals using various formulas, and understanding different financing methods, like securing hard money loans and private equity.

Agents 52

Agents Investor Development Property Management 52