What is Fix-and-Flip Financing and Why Should You Consider It?

Fix-and-flip financing (hard money loans) are simply a short-term loan secured by real estate. Sometimes referred to as “private money,” these loans are funded by private investors (or a fund of investors) as opposed to funds available from conventional lenders such as banks or credit unions.  They typically feature higher interest rates compared to longer-term …

Getting Loan Approvals for Distressed Properties and Lower Credit Scores

  Do you need to quickly get a loan approved for a distressed property but also have a lower credit score?  A private direct lender that specializes in fix-and-flip financing recognizes the potential After-Repair Value (ARV) of distressed property and can quickly approve and disburse the funds you need to purchase and rehab a property you have …