This week Kevin breaks down an example deal and explains some of the hard money loan metrics he uses to analyze them. Example: There’s a property for sale for $250,000 and it needs $50,000 in repair. The estimated ARV as presented by the investor is $400,000. Here we’re going to analyze the deal making sure
We’re back again with Minute Monday #3. This week’s episode, “Using Hard Money for a Fix & Flip Loan” is presented by our Sales Executive, Gunnar. Our Construction / Repair loan program is for investors who not only need funding for the acquisition but the construction costs as well. Also known as a “fix and flip”
When it comes to real estate investing, properties can truly be transformed if everything is done correctly. A small, 3-bedroom, 1 bathroom with a one-car garage built in 1980 can become a 5-bedroom, 2 bathroom luxury home with a 2-car garage in a matter of months. We have seen structures that are barely standing become
Have you considered working with a Hard Money Lender, but are a little leery of the process? First and foremost, in order to answer the questions you should expect from a hard money lender, you must fully understand your deal. If you know the specifics of the property and the estimated repair budget, you’re in
We have the experience and team ready to be your partner. Contact us today and learn why real estate investors choose to work with WCP for all of their funding needs.