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 you should 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.   LOS ANGELES, CA  - RENOVATION LOAN PURCHASE PRICE: $650,000 IMPROVEMENTS: $100,000 SOLD PRICE: $1,155,000 Flipping a house doesn't mean you have to 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 »

Single Family Home Listings Decline as Sellers Wait Out Covid-19

According to Realtor.com’s April 2020 housing data, single-family home listings have declined significantly nationwide since the Covid-19 pandemic, with real estate markets in larger cities being especially hard hit. For homebuyers who are looking to take advantage of record-low mortgage rates,  available inventory continues to tighten due to the pandemic, with many developers pausing new Read this Article »

House Flip Completion Timelines Expected to be Impacted by Covid-19

Even in the best of economic times, the completion timeline for your house flip can be negatively impacted by contractor scheduling mix-ups, mistakes with materials, and missed delivery dates that wreak havoc on your project calendar, resulting in delays that cost money and take a bite out of ROI. With all of the knowns and Read this Article »

House Flipping Before and After Photos | Anchor Funded Construction Loans

It is so inspiring to study successful house flipping before and after photos and see the amazing transformations that can happen when talented fix and flip investors set their sights on a distressed property. All of the house flipping before and after photos shown below are great examples of the range of improvements that can Read this Article »

House Flippers Are Among Small Businesses Poised to Profit from Covid-19 Conditions

The Covid-19 pandemic has brought loss and hardship to millions of Americans, and millions more are fearful and uncertain about what the future holds.  House flippers may find it difficult to focus on the silver linings in these dark clouds,  but while the coronavirus has been wreaking havoc on the U.S. economy in recent weeks, Read this Article »