When Lumber Prices Fall, Does it Make a Sound?

This spring when lumber prices hit a historic high of $1,515 per thousand board feet, fix and flip and new construction investors were, pardon the pun, floored. Just one year prior, lumber was $352 per tbf, so residential real estate investors were not only asking what on earth could be causing prices to ramp up Read this Article »

What a Difference a Door Makes: House Flip Garage Door Upgrade Boosts ARV

For a relatively low hit to your reno budget, investing in a new garage door for your house flip will greatly improve your property's curb appeal -- and the door will ultimately pay for itself in ARV boost. If you are not sure whether you're going to paint the existing garage door or replace it, Read this Article »

Flipping Houses in Florida | Before and After Photos

Flipping houses in Florida can be very lucrative for flip investors who know a good deal when they see one.  Here are but a few examples of the hundreds of Florida properties that have been turned into beautiful homes with the help of a short-term hard money loan from Anchor Loans.Hard Money Construction Loan | Read this Article »

Maximizing the ARV of Your Fix and Flip Investment

Flipping houses successfully comes down to one thing: accurately estimating ARV.  How much will your flip property be worth after you've made improvements -- and will you find a buyer willing to pay what you've determined it's worth? Yes, house flipping is about finding properties you can flip at a price low enough to turn Read this Article »

Why Do Hard Money Lenders Require a Down Payment?

House flipping entrepreneurs who are considering using a hard money loan for the first time often ask, "Why do hard money lenders require a down payment?" Many real estate investors, especially those who are just getting started in the house flipping business, are looking for 100% financing of their projects, and they may not understand Read this Article »

What Happens if my Fix and Flip Loan Payment to my Hard Money Lender is Late?

In a perfect world, every one of your fix and flip projects would run smoothly from purchase to rehab, with buyers snapping up your flipped homes the day they hit the market. Unfortunately, real world snags happen all too often and fix-and-flip investors sometimes find themselves overextended—with their capital reserves stretched to the limit. If Read this Article »

How to Calculate ARV of your Fix-and-Flip Property by Analyzing Comps

Knowing how to calculate ARV by analyzing comparable properties (“comps”) is essential to succeeding in the house flipping business. Comps are homes in the vicinity of your fix-and-flip property that were sold in the past three months. Analyzing local comps will give you an idea of what buyers are looking for and what they might Read this Article »

House Flip Before and After Photos | Anchor Funded Renovation Loan

These property renovations were made possible with the talent and hard work of an Anchor Loans borrower with capital from a short-term hard money renovation loan or a construction loan from Anchor Loans.   Renovation Loan in Los Angeles, CA Purchase Price  |  650,000 Improvements  |  $100,000 Sold Price  |  $1,155,000 Flipping a house doesn't mean Read this Article »

House Flip Before and After Photos | Anchor Funded Construction Loans

House flip before and after photos are like a mini quick-study of successful house flipping, and they are so inspiring to see!  It is very motivating to witness how the vision, creativity, and follow-through of house flip investors can transform distressed properties into these fantastic homes. The house flip before and after photos shown below Read this Article »

Values of Single Family Homes Rising During Covid-19 Crisis

Sales of single-family homes have predictably declined in the first quarter of 2020, due in large part to the effects of Covid-19, but home prices have remained solid and are expected to rise in most markets across the country in the coming months. Prices of Single Family Homes Up 8% Over Last Year As prices Read this Article »