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Dec 5, 2017
In the first segment of Boston.com’s “Real Estate Talk Boston” podcast series, our very own Loan Officer Bryan Joyce sits down with Chris Devin to discuss why an individual may choose to use a Hard Money Loan to purchase an investment property.
Sep 14, 2016
There are many different ways to invest in real estate. If your focus is on flips and rehabs it is important that you have access to capital. Using traditional bank financing may not be enough to secure deals you are working on. You need to ability to close quickly and without any strings attached. One of the ways you can do this is through the use of alternative financing, primarily hard money loans. Hard money loans give you the ability to find the capital you need without any of the traditional red tape involved. There are still guidelines and qualifications […]
Sep 7, 2016
Regardless of what type of real estate investor you are and how your finance your deals a strong credit score is important. Even if it is not the main consideration it is certainly a factor. Most people understand the major items that impact your score. Timely payments, available of balance and number of credit inquiries are widely recognized as important. However there are several smaller items that if left ignored can do as much, if not more damage. Here are a few hidden areas that can have a big impact on your credit score. That old collection account from the […]
Aug 31, 2016
In a perfect world your rehab property will sell a few weeks after it is listed for full asking price. Anyone who has flipped real estate before knows this isn’t always the case. There are times when you can do everything right and still struggle getting your property sold. It is during these times when you need to make smart decisions. If you don’t take action a few weeks can easily turn into a few months. On the other hand if your actions are too drastic you may not sell at a price point you are happy with. Here are […]
Aug 24, 2016
If you turn on the TV almost any night you can find at least one show dedicated to rehabs and house flipping. Fueled by this growth rehabs have become the most popular real estate investing niche by a large margin. Almost every new investor wants to be a rehabber. For as many new investors that succeed a good number struggle. This is not because they lack the desire or the work ethic but because they aren’t exactly sure which steps to take. Having a plan and the right team around you is a good place to start. Regardless if you […]