As you go to put your property on the market, here are some tips to keep in mind that will give your property the value and appeal it needs to sell. Always keep in mind that first impressions speak volumes. This means that although you may have had to dig out the basement, or add on new electrical panels as necessities to keep up with the neighborhood, that is not what the buyer is going to notice first. Although these are great additions to tell the buyer about, the buyer will initially be captivated by your attention to detail throughout the … (2 comments)
hard money lending: Top 5 Qualities to Look for in a Private Lender
- 12/03/15 01:07 AM
When you're trying to find a hard money lender, it's important to know exactly what qualities you should look for. Here, we have broken down the top five qualities your hard money lender should possess in order to ensure that your transaction moves quickly and efficiently. AttentivenessIt is very important that you lender is responsive and attentive to your needs. Your lender should be a second set of eyes on everything - from documents, to the property itself and agreements with contractors - before, during and after your deal. Your lender is one of your resources. They shouldn't hamper you from … (1 comments)
hard money lending: Top 5 Benefits of Dealing with a Local Private Lender
- 11/18/15 05:25 AM
When it comes to searching for a hard money loan, you have two options: 1) you could go with a national lender with headquarters located in various areas across the nation, or 2) you could opt for a local lender based in your area. Do you know which option you would choose? We can help you decide. When dealing with a local lender, there are several benefits you’ll receive that are not possible with a national lender. From faster closings to connecting you with local companies/vendors, working with a locally-based lender can help you expedite your rehab. Read on to learn more. … (1 comments)
hard money lending: Money Tied Up? How to Cash Out to Purchase Your Next Investment
- 11/05/15 12:52 AM
Problem: Your money is tied up on a property you rehabbed, and you found a deal that you just can’t pass on. Many times in this business, deals come all at once, leaving real estate investors like yourself low on available cash and unable to purchase that second property. What do you do?
Solution: At WCP, we can help you maximize your funds by leveraging the equity in your current property. Whether you are halfway through the renovation or ready to go on market, there’s no need to feel anxious if a new deal comes along. By utilizing the assets at your … (0 comments)
hard money lending: Why hard money lending?
- 10/07/15 12:22 AM
One of the most popular questions we get is “Why hard money lending?” There are several ways to get loans, so what makes hard money lending the best option? Why not just go through my bank or have a friend loan the money? In this post, we’ll break down that question to help you determine if hard money lending is the right option for you. What is the difference between a traditional bank loan and a hard money loan? Commercial banks focus on two main things: your credit and your ability to make monthly payments based on income. They will scrutinize every point … (0 comments)
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