Better Ways to Monitor Your Local Markets

Are you trying to keep an eye on local markets for fix-and-flip trends and deal opportunities?  In a previously released blog post, Anchor Loans highlighted rental market trends across the top 100 markets from Zumper.com.   But what about other market insight tools that you can check out on your own?  One resource that is …

5 Most Common Errors Made in House Flipping

    Since the early 2000s, house flipping has become one of America’s most popular trades. While many flippers are having great success, others have failed in the marketplace due to critical factors they’ve overlooked. No amount of insider insights and information can outweigh these five profit-killing mistakes fix-and-flip investors often make.   Not enough …

Discover More About Flip Financing with Our Anchor Loans FAQ

As a fix-and-flip investor, you may have questions about hard money loans and how they can help you grow and scale your business.  Anchor Loans, the largest lender to the fix-and-flip market, has a team of advisers answering questions every day on exactly this topic.  For your convenience, we’ve compiled a list of the 20 …

What Do Fintech and Fix & Flip Loans Have in Common?

  Fintech, or financial technology, is one of those up and coming terms that investors are starting to hear about, but may not fully understand yet. Similar to other industries where technology tools are streamlining workflows and increasing productivity, fintech includes everything from products like Apple Pay and Quickbooks, to investment software apps and processes. All …

Can the Age of a Home Make a Difference?

There are several strategies to finding that next property to fix-and-flip, and one that experienced investors often rely on is looking at neighborhoods with homes that are right around 20 years of age.   What’s so special about 20+ year of age? It’s because many of them will only require cosmetic fixes to kitchens, bathrooms …

Key Steps in Closing Your Next Fix-and-Flip Property

  Ok, you have established trust with the seller and now it’s time to get down to the business of closing your investment property. Here are the steps that fix-and-flip professionals take to insure an orderly and effective closing:   1) Set up escrow   2) Arrange inspections by specialists on your team for electrical, plumbing, HVAC, chimney, well, …

Five Ways to Establish Trust with a Seller

  It’s not surprising that when you do the things necessary to quickly establish trust with a seller, your ability to make a successful offer on a fix-and-flip property goes up dramatically.   You’ve worked hard to find a very particular kind of seller and property, and now you have to get them to agree to …

Anchor Loans, Who Provide Bridge Loans for Real Estate, Has Another Record Lending Month – Surpasses $116 million in March

  Anchor Loans, the nation’s largest hard-money lender to the fix-and-flip industry, is pleased to announce that March 2017 was another record lending month for the company. We originated over 360 loans totaling more than $116 million dollars, another high-water mark for an organization that has already surpassed $4 billion in loan origination volume, and was among the …

Three Methods for Estimating the Value of a Fix-and-Flip property

  Although there are a wide of variety of methods that fix-and-flip professionals use when estimating the value of a potential investment property, below are three of the most common and proven approaches. Before we get started, it is important to note that there is no right or wrong answer here.  Each approach is a viable …

Four Proven Steps When Analyzing a Fix-and-Flip Property

  Experienced fix-and-flip professionals know that analyzing a few simple best practices can help to quickly identify (or eliminate) an investment candidate.  Below are four of the most common ones to apply when analyzing your next property.   First, “pull the comps” from MLS.com for recently sold houses in your target neighborhood that possessed a similar size, layout and …