Remove Hard money loan Remove Renovation Remove Staging
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How to Buy a Preforeclosure Home in 9 Steps

The Close

Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. This is considered the early stages of a home going into foreclosure. During preforeclosure, homeowners have two main options: sell the property or pay off the outstanding loan balance.

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10 Smart Strategies to Expand Your Real Estate Portfolio in 2025

Marco Santarelli

Your network can provide you with early access to new properties, assist in identifying potential investment opportunities, and provide crucial advice during critical stages of a transaction. It involves buying a property, renovating it, renting it out, refinancing it to pull out equity, and repeating the process with the profits.

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How to Find & Buy for Sale by Owner (FSBO) Homes in 6 Steps

The Close

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. Various financing options exist for FSBO properties, like traditional mortgages, hard money loans, and private investors.

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This Is How Much Profit You Should Make On a Rental Property

Kyle Handy

Then, you can take out the difference between these loans in cash. You can then use this cash for anything you want, such as renovating the home or additional investments in other properties. Hard Money Loan Hard money loans are funded by private businesses or individuals.

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Should You Invest In The Raleigh-Durham Housing Market?

Marco Santarelli

Neighborhoods in various stages of development present opportunities for savvy investors. Fix and Flip The fix-and-flip strategy requires a keen eye for properties in need of renovation. You can consider traditional mortgages, hard money loans, or even cash purchases.