Setting Up an LLC for my Fix-and-Flip Business: What Should I Know?

If you are considering setting up an LLC to operate your fix-and-flip business, know the answers to these 7 questions before you get started: What is an LLC? LLC stands for “limited liability company” and it is a legal entity that can be used to run a business or hold valuable assets such as real …

When My Fix-and-Flip Loan with a Hard Money Lender has a Construction Holdback: How Does that Work?

When you partner with a hard money lender for help financing your fix-and-flip project,  your loan might include a construction “holdback” where the lender will help fund the purchase of your fix-and-flip property, then hold back the construction portion of the loan to incrementally pay for the property’s renovation. Why does my hard money loan …

How do Hard Money Lenders Fund Fix-and-Flip Loans so Fast?

In the world of fix-and-flip investing, time wasted is money wasted, so every successful house flipper’s business plan should include strategies for speeding up their turnaround times as much as possible. For many professional house flippers, one of the strategies to speed things up is the use of hard money loans  to leverage their cash on …

From Flop to Flipped: Real Estate Investors Transform Ugly Houses with Fix-And-Flip Loans from Anchor Loans

The images are nothing short of shocking. Armed with a fix-and-flip loan from Anchor Loans, our investors have taken some of the most run-down properties across the country and transformed them into true works of art. Of course, it goes without saying that their vision and determination in this difficult task are producing amazing results. …

Maximize House Flipping ROI by Leveraging Cash-on-Hand with Hard Money Financing

Every successful house flipping entrepreneur began their journey with one fix-and-flip project, and then another—building on each success, learning from each mistake, and creating a reliable and repeatable process for minimizing risk and maximizing reward. As simple as it may sound, the most important thing for you to be aware of as you set out …

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 …

How is a Fix-and-Flip Loan Different From a Traditional Home Loan?

House flipping has been taking the real estate world by storm for several years now, and it doesn’t seem to be slowing down anytime soon. If you’re looking to get in on the fix-and-flip trend and are thinking about using borrowed capital to buy and renovate a property, there are several key pieces of information …

The Essentials of House Flipping

There is no shortage of advice for the fix-and-flip investor in 2019. An endless litany of websites, podcasts, and social media feeds shout tips, tricks and everything in between. But what does a fix-and-flip investor really need to know? What are the essentials of house flipping? After more than 20 years helping fix-and-flip investors succeed, …

Recovering from and Planning for Government Shutdowns: What Fix-and-Flip Investors Should Know

The government shutdown is over, at least for the next three weeks while lawmakers continue to negotiate. But even with the record-breaking shutdown temporarily resolved, real estate investors may be experiencing a ripple effect, and now is a good time to assess the strength of your real estate investment business and shore up any weaknesses. …

How to Get Approved for a Fix-and-Flip Loan

As a successful fix-and-flip investor, you know there is nothing more important to your bottom line than quick access to capital. In a competitive industry where cash is king and lucrative deals are snapped up quickly, it is critical to have cash available to execute purchase contracts, compete at foreclosure auctions, close cash-only deals and …