Learning Center
Which Home Improvement Projects Are Most Likely To Increase Your Home Value?
According to two recent studies on this topic, here are the top home improvement projects that are likely to add the most value to your home: 1 – Landscape improvement 2 – Bathroom improvement 3 – Kitchen improvement 4 – New roof 5 – New windows 6 – New garage door 7 – New siding […]
5 Things To Know About Private Equity Loans
1) When Does It Make Sense To Use Private Equity Loans/Hard Money Loans? For Short-Term (under 1 year) Investment Opportunities (Banks & traditional mortgage companies only finance long-term loans) For Properties in Need of Rehab (Banks require properties to be in average or better condition to finance) When Investors Find Great Deals (Banks require 20-30% […]
How To Qualify For Fix & Flip Financing
You’ll find a wide variety of private lenders out there. That’s just the nature of our industry. Some will be able to offer money and actually close on-time, others will not. Some will help you grow to be very successful, others will not be as honest. I always suggest asking your local real estate investors. […]
Questions To Ask Before Buying Your First Rental Property
Asking the question, “Will the monthly cash flow be positive?” is vital. I’ve seen too many investors ignore cash flow analysis in recent years. They’ve watched others recklessly purchase properties at prices that lose monthly cash flow and depend on appreciation for an exit strategy. Don’t be a sheep, use common sense and stick to […]
Traditional Mortgage vs Hard Money Loan
If you are looking to invest in real estate and need financing, you might be thinking you have two options: a conventional mortgage or a hard money loan. Though most people understand the basics of a conventional mortgage, many may wonder, “what is a hard money loan?” Here are some common differences between the two […]
Which Landscaping Projects Are Most Likely To Increase Your Home Value?
According to the most recent study on this topic from the National Association of Realtors, here are the top landscaping projects that are likely to add the most value to your home: 1 – Landscape maintenance and overall upgrade (mulch application, pruning shrubs, planting flowers, upgrade worn-out functions) 2 – Standard lawn care service (fertilizer, […]
Everything You Wanted To Know About Private Equity Lenders
Recently, I had a conversation with a CPA about Deed of Trust Investing (investing in commercial notes) which is what our company Restoration Capital offers. His impressions (bulleted below) were fairly typical to the misconceptions I come across in the industry: People turn to private lenders when they cannot get a bank loan. Because the […]
Two Things To Consider When Renting Out Your Vacation Home
IRS Guidelines: How Many Days Are You Using the Home for “Personal Use”? In order to deduct the mortgage interest on your vacation home as “qualified home mortgage interest”, you need to use the vacation home for your own “personal use” for the greater of: 14 Days per Year or 10% of the number of […]
How To Invest In Real Estate Without Much Capital
The accepted belief is that you are going to buy a property near fair market value so to bring the loan-to-value (LTV) down to a safe level, most banks require 20% down regardless of the purchase price. That’s why you hear banks say that they will fund up to 80% of the lower of appraisal […]
What Is The Best Source For Foreclosure Listings?
You’ve read the books, you’ve watched a hundred “Fix & Flip” reality tv shows and you’re ready to dive into real estate investing. But where are the deals? Best place to start your search – your local paper. Look in the classified section under Legal Notices and then Notice of Trustee Sales. Because bankruptcy filings […]