House Flipping Blog

What Happens if a Foreclosure Auction is Postponed?

What Happens if a Foreclosure Auction is Postponed?

This article discusses what happens if a foreclosure auction is postponed or delayed. We discuss the types and reasons for postponement, who triggers them, and the effects. Postponement of a foreclosure auction may occur months, weeks, or even days leading up to the...

Worst Mistakes When Flipping a Short Sale House

Worst Mistakes When Flipping a Short Sale House

Flipping short sales houses is a great way to make profits under certain market conditions. However, errors can be costly in terms of time and money. In this article we discuss some of the worst mistakes when flipping a short sale house. Mistake #1: Assuming...

How to Finance a Short Sale House?

How to Finance a Short Sale House?

A short sale can be a great way to get a good deal on a property. In this article we're going to discuss how to finance a short sale house purchase. Short sale financing will be unique to each situation, and the process isn’t always straightforward. Prerequisites to...

Government Foreclosure Auctions List

Government Foreclosure Auctions List

This is a great list of government foreclosure auctions to help find foreclosed properties of all types to buy and sell for a profit. Foreclosure Auction Aggregators These sites are great for finding federal, state and local auctions without visiting multiple sites....

Can You Use a Hard Money Loan For Foreclosures?

Can You Use a Hard Money Loan For Foreclosures?

The short answer to the question whether you can use a hard money loan for foreclosures is "yes". In this article we discuss how hard money loans work for financing purchases of foreclosed real estate, and some tips to consider. Hard Money Loans for Foreclosures With...

How To Use a Hard Money Loan To Buy an Investment Property

How To Use a Hard Money Loan To Buy an Investment Property

Hard money can provide real estate investors with fast capital when they spot a great deal. However, the specifics of the process need to be well-understood by investors to protect themselves from risk. We discuss how to use a hard money loan to buy an investment...

How to Use Hard Money Loans to Finance House Flipping

How to Use Hard Money Loans to Finance House Flipping

One way to get your flip project funded quickly is with a hard money loan. We discuss how to use hard money loans to finance house flipping below. Find a Good Hard Money Lender Hard Money Lenders Directory Your first step should be to visit our Hard Money Lenders...

Hard Money vs. Private Money – What’s the Difference?

Hard Money vs. Private Money – What’s the Difference?

There are many ways to finance real estate, flip houses or buy and hold properties. However, the wide variety of financing options may not be clear to many borrowers, limiting their access to capital. In this post we discuss hard money vs. private money loans,...

How to Refinance a Hard Money Loan

How to Refinance a Hard Money Loan

A hard money loan can be used to quickly fund real estate renovations, flips and rental property deals. But how can you refinance a hard money loan you used to purchase the property? We discuss all options in this post. Refinancing Works Great for Hard Money Loans...

When Are Hard Money Loans Illegal?

When Are Hard Money Loans Illegal?

When are hard money loans illegal? What are the conditions that can make these types of loans illegal? Read on to find out... Loans secured by collateral (aka "hard money") are not illegal per se. Lenders with capital can provide loans to borrowers as long as 1) their...

59 Hard Money Loan Tips for House Flippers

59 Hard Money Loan Tips for House Flippers

Are you ready to finance a house flip using a hard money loan? Read these 59 hard money loan tips to ensure you cover all your bases! Tip #1: Overestimate Your Rehab Project Timeframe Always expect the unexpected when flipping houses. Problems with property rehabs...

Essential Hard Money Loan Requirements

Essential Hard Money Loan Requirements

If you need fast financing for your real estate project, a hard money loan may be your best bet. While these loans have many benefits, you must first understand how they work. Below are the essential hard money loan requirements you need to meet to successfully...

5 Hard Money Lender Secrets You MUST Know

5 Hard Money Lender Secrets You MUST Know

The goal of taking out a hard money loan is to get financing quickly and with good terms. But hard money lenders have secrets they will keep from you to maximize their profits. We discuss these hard money lender secrets here and how you an use them to get better...

Hard Money Loans – The Good, Bad and Ugly

Hard Money Loans – The Good, Bad and Ugly

Hard money loans can be a great financing method for real estate investors to get the funds they need fast. But they come with their own risks. Here are some good, bad, and ugly scenarios that can occur with hard money loans. NOTE: If you're looking for a hard money...

21 Benefits of Hard Money Loans

21 Benefits of Hard Money Loans

If you are a real estate investor looking to start a new project, it is helpful to understand the benefits of hard money loans for financing. In this article, we discuss the 21 benefits of hard money loans to help determine if this loan type is right for you. Benefit...

Hard Money Loans for Bad Credit

Hard Money Loans for Bad Credit

Can you get a hard money loan when you have bad credit? We answer that question in this post. Getting a hard money loan can mean the difference between getting in on a highly profitable fix-and-flip property deal or having to wait. Since time is money, this means...

11 Dangers of Hard Money Loans

11 Dangers of Hard Money Loans

Hard money loans are a great option for certain types of real estate investors. However, there are some hidden pitfalls borrowers need to be aware of. In this post, we discuss 10 dangers of hard money loans. 1. Hard Money Loans Are Expensive Hard money loans can be...

How Much Down Payment Is Required for a Hard Money Loan?

How Much Down Payment Is Required for a Hard Money Loan?

Down payments of between 10-30% are usually required when purchasing a property financed with a hard money loan. The percentage is a wide range that depends on a number of factors and how you structure the deal. NOTE: If you're shopping around for hard money lenders...

What Collateral is Required for a Hard Money Loan?

What Collateral is Required for a Hard Money Loan?

Before you can get approved for a hard money loan, you need to put up collateral. In this post we discuss the types of collateral required to secure a hard money loan. The two types of collateral needed for a hard money loan are: Cash collateralReal estate bought with...

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