The competition for real estate agents is certainly at an all-time high. Nowadays you need both Digital and offline marketing skills to make a serious impact in your area. However, many key strategies can be implemented to expand your real estate business:  Understanding Your Market  This is probably the most important strategy for any real estate agent. You must know your target market inside and out, that’s why an agent should focus on a specific niche rather than being a jack of all trades. If you know what makes your target audience drive to purchase you can sell more properties.  …

Needless to say that 2020 has certainly thrown us a few curveballs. The pandemic has affected nearly every person, every business, and every industry in one way or another. For those in the real estate business, there is now a sudden increase in demand for home offices. Will this trend last and what kinda long-term impacts will this have on the real estate industry? Home offices are certainly not new but they are quickly becoming the new norm. While many businesses have already considered remote working for a long-term period this has been a hectic job for many in the …

2020 has certainly has been an uncertain year for everyone. COVID-19 has changed our world in countless ways, not to mention the impact it is going to have on the real-estate world and home appraisals. Business all over the world have to adapt, even ourselves but what is fascinating is how the world of appraisals has adapted as well!  Many businesses have converted to virtual or online appraisals during this weird time. From doctors visits to corporate offices, the future of all business seems to be virtual. Instead of going in-person to a persons home or property the appraisers are …

There are many different types of loans, so how do you know which loan will work for you and your specific needs? There are loans for real estate investors, some are suitable for rental loans, and others are for shorter terms investments. Follow along with us to determine what kind of loan fits your needs!  Conventional Bank Loan:  If you are already a lucky homeowner you are probably familiar with conventional mortgages. These types of loans are not backed by the government and are issued by a private lender such as a bank, credit union, or mortgage company.  Typically a …

Our other blog posts have discussed critical information you should know before going with a hard money loan. But, are hard money loans actually a good idea?  Well let’s break it down. Hard money loans may provide an easy path to fast cash to buy real estate. However they come with much higher costs that could increase your risk of default. A hard money loan is a collateral-based lending. Basically it means that a lender places the most weight on the property when determine if and how much to lend rather than based on your income, assets, or credit payment …

In our previous blog posts we have discussed what a hard money loan is, the terms, and some pros and cons. Today we are going to dive deep into exactly what a Hard Money Loan is, the differences between a hard money loan and a bridge loan, and what it can do for you.  A hard money loan in short is a high-risk, high-yield financing option in which an investor secures the funds from a lender with real property. Typically you will only find hard money lenders in the U.S. and Canada.  Similar to bridge loans, hard money loans are …

In our last blog post, we discussed what exactly a hard money loan is and how it works. Today we will discuss the pros and cons of a hard money loan. When it comes to choosing a loan you should always do your in-depth research but our team has developed an awesome list of pros and cons if you are considering a hard money loan. So let’s jump right in: Cons: To start, hard money loans aren’t a perfect solution- we will be the first to say that because there are two major drawbacks:  Hard money loans are convenient but …

Hard Money Lender Boca Raton RATES STARTING AT 7.49%*+ and RENTAL RATES STARTING AT 5.25% 1-3 YEAR TERM INTEREST ONLY WITH A BALLOON PAYMENT AT THE END OF THE TERM UP TO 80% LTV BASED ON THE PURCHASE PRICE OR APPRAISAL AND 90% LTC NO PREPAYMENT PENALTY*  QUICK 7 DAY CLOSING ONCE TITLE AND APPRAISAL ARE COMPLETE NO VERIFIED INCOME DOCS REQUIRED OR TAX RETURNS NEEDED MINIMUM LOAN AMOUNT OF $100,000 UP TO 25 MILLION LENDING AVAILABLE NATIONWIDE ON COMMERCIAL LOANS N/O/O RESIDENTIAL, BUSINESS USE PURPOSE, INVESTMENT, & COMMERCIAL PROPERTIES ONLY MUST BE COMMERCIAL IN NATURE & EXCLUDED FROM FEDERAL GUIDELINES* …