Rehab4Profit

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United States
Boston, MA
Rehab4Profit

We offer general contracting, real estate lending, and real estate development services for investors

02/03/2022

Not only does it provide income, but with some patience and research, new investors will find that there are many benefits to being in real estate.

Investors enjoy tax breaks for mortgage interest payments on their properties and appreciation over time, which could increase its value up until sale day!

Click the link in our bio to speak with a real estate investment specialist about your goals!

02/01/2022

Instead of investing in just one property, why not get creative and buy a duplex or multi-family project? You can update the units as necessary to attract more tenants. And when you're done with them - either sell them for a return on investment, or consider lease to own.

Click the link in our bio to speak with a real estate investment specialist about your goals!

01/28/2022

Investing in a new home can be an overwhelming process all on its own, then add in trying to figure out if you should buy an existing home or build a custom one into the mix and your anxiety levels will soar. Here are a few pros and cons of each!

For all my DIYers, here are the pros & cons of building a new home ⬇️

Pros
✅ You have control over the design.
✅ You can customize any aspect of the home to ensure it both reflects your taste and fulfills your needs.
✅ You won’t have to deal with competing buyers over the house itself — once the land is yours, you’re set!
✅ A newer home = less ongoing maintenance costs.
✅ You don’t have to worry about toxic materials that might be found in an older, existing home.
✅ It can be more environment-friendly since newer homes are typically built with energy-efficiency in mind.

Cons
❌ Unexpected costs might come up during the build.
❌ Requires a lot more effort and time.
❌ It can be very stressful.
❌ You’ll have to landscape from scratch = more costs.
❌ Before you can even start building on your new plot of land, you’ll have to prepare it, including preparing utilities and having a road built onto it.

Pros & cons of purchasing an existing home ⬇️
✅ Less time waiting for construction.
✅ More options available in developed areas.
✅ You’ll have some landscaping already done for you.
✅ You always have the option to renovate the home to make it more to your liking when you have the time.
✅ Is typically less expensive than building.

Cons
❌ Can be time-consuming and stressful searching for a home (working with a realtor can alleviate some of the stress involved!)
❌ You may run into a bidding war competing for the house you want, which can cause even more stress.
❌ You likely won’t find the exact floorplan you’d like and will need to compromise on some features.
❌ Older homes have more maintenance issues and are less energy-efficient.

01/26/2022

Know your market value! If you are investing in a new area it is important to know the value of the market you are interested in.

TAG a real estate investor who may benefit from this information.

Let us help you along this journey! Click the link in our bio to speak with an investor specialist.

01/24/2022

It's Tax Season! There are a lot of great benefits to being a real estate investor when it comes to taxes.

Swipe to see a few of the benefits real estate investors enjoy!

Follow for more tips!
📌Save this post and share it with others.
Click the link in our bio to speak with a real estate investment specialist!

01/22/2022

Let’s talk market value vs appraised value 💰

What do they really mean?

The value of a home can be based on the market or an appraisal. One is given by the demand of the housing market and potential buyers while the other is given by a professional appraisal that works for a mortgage lender.

Let’s explore further:

✔️Market Value:
The price a buyer is willing to pay for a property

✔️Appraised Value:
The professional opinion of an appraiser on the value of the property

Need additional support navigating the market? Click the link in our bio to get started!
📌Save & share this post if you found it helpful!

01/21/2022

If it’s your first time buying a home, or you’re looking for a new investment property, knowing the right questions to ask your lender will put you ahead of the game.

Here are some tips you should ask a lender when buying your property:

1. How much home can I afford?
First things first. Learn how much home you can afford by pre-qualifying for a mortgage loan. This process involves providing your basic financial information to your lender. They will look at several factors such as your credit history and credit score, employment history, and the ratio of your monthly debt payments to your income in order to determine your loan amount.

2. What type of loan do you recommend for me? Why?
There are various mortgage loans that you may find more suitable for you. For example, military veterans and first-time homebuyers may be eligible for special loan and/or down payment assistance programs.

3. How much of a down payment do I need?
Depending on the type of mortgage loan you choose, this may vary. However, there are options available for you to put down as little as 3% Down…. In some situations No down payment at all! Yes! You heard me right!!!! Zero down payment!

Click the link in our bio to speak with a lending specialist today!

01/19/2022

Where do you want to be in 5 years?
10 years?
20 years?
Are you taking the right steps to get you there?

A home is one of the safest investments you can make and it can help you build wealth, unlike renting.

Investing in real estate is one of the smartest things you can do. But, with anything new, that leap of faith can often be overwhelming and downright terrifying! 😨

Click the link in our bio, we are here to help you take the next step towards your 2022 real estate goals!

01/14/2022

Whether it’s a bathroom, the kitchen, or the whole home there are many benefits (some more obvious than others) to renovating, here’s just a few!

🔸 Make it a safer place to live:
Roof leaks, cracks in walls, electrical problems are all a cause for concern and can cause harm and damage if left untreated.

🔸 Increase the property value:
Whether it’s rewiring, adding attic insulation, or a kitchen upgrade, making updates to your investment can have a significant impact.

🔸 Improve efficiency and lower bills:
Did you know, re-insulating your investment can save you from 10 to 50% on your heating and cooling bills?

🔸 Improve the quality of life:
Sometimes it's necessary to update or expand your investment to suite a better layout or modernize appeal.

Whether you're in the market to purchase your next investment or you need additional funds for an ongoing project, contact us! Our team of industry experts are to help you achieve your goals.

Click the link in our bio now to speak with an investor specialist about your lending, construction, and renovation goals!

01/12/2022

If you’re in the market for a mortgage, it’s important to look at your credit score first. Many potential buyers don’t realize they can check their credit or improve it, but you can do both.

So…How do you improve your Credit Score?🤔

Your credit score changes monthly. With these simple changes, you can increase your credit score and your chances of approval for the best rates.

🗝 Bring your Accounts Current
🗝 Pay your Debts Down
🗝 Don’t Close Old Credit Card Accounts
🗝 Don’t Apply for New Credit

You don’t need a perfect credit score to get a loan, but the higher your score is, the more likely you are to get approved for the best rates.
Working on your credit score before you apply increases your chances of approval. It also helps you get better terms.

Contact us and let us help you reach your goals!

Click the link in our bio to get started!

01/11/2022

After a couple of years of short demand and crazy high sales prices, everyone wants to know, what will the 2022 housing market look like?

Here’s a recent snapshot of the current multi-family real estate market in Massachusetts.

There is no better time than now to invest in your first or next real estate venture!

2022 can be a great year to start or grow your portfolio. Make sure you are planning for the down payment, monthly costs, and even for the higher demand that can cause higher prices or bidding wars.

Click the link in our bio to take the next step towards your 2022 real estate goals!

01/07/2022

Are you ready to take your portfolio to the next level but strapped for cash?💵

This is one of the most common challenges many investors face when striving to grow a portfolio.📈

Access to additional funding is more attainable than you may think.💰💰💰

Whether you are looking to buy your first rental, or need a loan for your next multifamily, we can help you access the funding you need!

Click the link in our bio to explore your lending options!

Address

90 Canal Street Ste 400
Boston, MA
02114

Telephone

+16178207085

Website

http://www.rehab4profit.com/

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