by sharpnet | Apr 30, 2024 | Construction, Financing, Loans, Real Estate
Houses have become more than just a space to live. As the cost of living and interest rates begin to rise nearly everywhere in the country, residential properties are now, more than ever, a lucrative money-making route. Buying a fixer-upper, giving it a bit of TLC,... 
by P. Nunley | Mar 25, 2024 | Financing, Loans, Real Estate
According to Federal Reserve Economic Data (FRED), at the beginning of 2020, the median home price in the United States was $329,000. As of December 2023, the median price of existing homes was $382,600, and wages have not risen to compensate for this significant... 
by P. Nunley | Feb 8, 2024 | Construction, Financing, Loans, Real Estate
How to Apply for Construction Financing A commercial building or home construction loan provides the capital needed to get a project moving quickly, where the work needed for developing the building is considered when determining the project’s ultimate value.... 
by P. Nunley | Dec 13, 2023 | Loans
Bridge loans are short-term, interim financing offered through private money lenders to bridge the gap between a short-term loan and a long-term loan, and their terms are usually for a year or less. Bridge loans are most commonly used in real estate purchases,... 
by P. Nunley | Oct 17, 2023 | Hard Money Loans, Loans, Money Lending
The concept of fix-and-flip programs is easy to understand. Find a property that is undervalued or in less than perfect condition. Make repairs or improve parts of the property that are depressing its value. Then, sell the property a short time later for a higher... 
by P. Nunley | Sep 19, 2023 | Hard Money Loans, Loans, Money Lending
A lot of people wonder what hard money lending is. Hard money loans are secured loans that are used for commercial and residential real estate transactions such as construction, purchases, and refinances. These loans are usually asset based, meaning the loan is based...