Praises Ewemade-Commercial Mortgage Consultant

07/07/2023

06/19/2023

What Makes a Fix And Flip Real Estate Investment Profitable? ( Part 4)

Establishing your scope of work should be your next step and estimated costs up to 70% of the ARV. This is the norm among real estate investors, and even a requirement for real estate investment lenders like Global Integrity Finance. Try to not exceed the projected costs of your scope of work when preparing to undertake your next fix and flip deal. If you do, then it would be in your best interest to go back to the drawing boards and see what can be done to bring that number down.

06/14/2023

What Makes a Fix And Flip Real Estate Investment Profitable? ( Part 3)

The next step is to identify a realistic budget for your goal to rehab the property. Detailing your rehab plans on a form like a scope of work can help tremendously even if you decide to fund the entire project from your own pocket. Of course, lenders like Global Integrity Finance can help by providing you with this form and explaining how they'd help you finance this kind of real estate project.

06/12/2023

What Makes a Fix And Flip Real Estate Investment Profitable? ( Part 2)

The next step is identifying the work that needs to be done in rehabbing the property. For example, structural issues, railings, the kitchen etc. After you've determined what will be part of the rehab project the next step is establishing a budget which will be detailed in the next part of this 6 part series.

06/07/2023

What Makes a Fix And Flip Real Estate Investment Profitable? ( Part 1)

When choosing a property property to fix and flip the first step is to pick a property in a desirable neighborhood. For example, if you're planning to rehab a property, you'd want to do so in an area that justifies the ARV (After Repair Value). Meaning that if the average price of the homes you're wanting to flip a property in is $330,000 you can expect the property you're flipping to have an ARV of $280,000-$330,000.

04/24/2023

Before diving into the world of Real Estate Investing, it's important to get your bearings in order. There are a variety of resources on the internet that can help with this.

04/14/2023

With renting still being a viable option for potential homebuyers, it's crucial to be aware of your financing options as a real estate investor. If you'd like to know more about how a DSCR loan can help you invest in rental properties, call me today at 469-325-1569.

04/04/2023

Are you a Real Estate Investor? Are you aware of the financing options available for your Real Estate investment projects? Call me today if you'd like to find out what we could do to help you reach your investment goals. 214-325-1569.