Summer is moving fast, and if you're in the market to buy a home in California, it's time to take action before the season ends. The reason summer is such a good time to buy a house is because so many conveniences exist.
Three Ways To Take Advantage of The California Summer Real Estate Season
Posted by Ken Meyer on Thu, Jul 28, 20165 Things You Need to Know About Financing a VRBO or AirBnB Vacation Rental
Posted by Matt Meyer on Tue, Feb 16, 2016Like many Southern Californians this time of year, I was ready to book my annual trip to the mountains after repeatedly hearing radio ads for Big Bear Mountain and Snow Summit. In the past, my options in Big Bear Lake were limited to a few lodges and hotels that had websites or ran ads. Now, vacation rental websites like VRBO.com and AirBnB.com have forever changed the hospitality industry. Travelers can easily locate their ideal vacation rental property by going online and sorting through hundreds of privately owned and operated vacation rental properties. At Trust Deed Capital we are seeing more borrowers that want to purchase real estate in vacation destinations to take advantage of the new investment opportunities these new technologies create. Before you start making offers on that beautiful cabin in Big Bear or that beach bungalow on the Mission Beach peninsula in San Diego, here is what you should know about financing these types of properties:
5 Features That Make Property Radar the Tool That Every House Flipper (And Lender) Can’t Live Without
Posted by Matt Meyer on Tue, Feb 02, 2016By no means do I consider myself an expert in real estate analysis, however, I do know enough to be dangerous. Over the past five years, I have discovered several tools that have given me more confidence in analyzing real estate deals. In my experience, there is no other online tool as valuable as Propertyradar.com. Here are 5 features within the Propertyradar.com software that I consistently utilize over any other real estate evaluation tool:
For brokers that are assisting property investors with finding loans, it can be difficult, especially if the borrower can't get a traditional loan through a bank. That's where hard money, or private money, loans come in. Although these types of loans are easier for risky borrowers to obtain, finding a good hard money lender is not as easy as it sounds. Here are three tips for brokers new to hard money lending.
The world of hard money lending is a tight knit one, but one that plays fair with those who act honorably. Still, each lender is trying to maximize their own gains while providing the necessary funding to borrowers. With those two facts in mind, here's what to expect when dealing with a hard money lender:
A hard money loan provides a quick-fix for the house flipper searching for capital to fund their real estate investment project, and high-returns for the investor of the hard money loan.
But how does this whole hard money lending process work from beginning to end? Is it complicated or easy? What is the rate of returns for investors? How easy is it for a borrower to get their highly-anticipated approval?
For those borrowers new to hard money lending, there are increasingly more lenders springing up eager to capture your business. While the process of obtaining a hard money loan is neither complex nor difficult to come by, you do want to educate and prepare yourself so that when you need to pull the trigger on getting your hard money loan, you can act swiftly. Here are some simple tips to help you out.
To the inexperienced investor, hard money borrowing may seem like a most unusual and daunting way to find funding for a real estate project. On the other hand, more experienced investors understand that hard money borrowing actually offers some significant benefits to anyone looking to fund a single/multi-family or apartment deal. Here are the most important benefits:
With more and more investors looking at participating in the recovering housing market, new challenges have arisen in figuring out where to invest your money. For a while, the biggest challenge was finding people who wanted to take out hard money loans. Today, it's selecting the best possible borrowers from the large pool available. Setting up a system for lending can help you to streamline the process.
The finding and use of hard money financing may or may not be known or seen as a viable alternative to the average real estate investor, but it is a legitimate funding source that is eschewed by traditional lending sources because it cuts into their own profits. In fact, “hard money” is used all over the country to get deals done that would otherwise never be consummated. Here are three tips to get the most out of this resource: