The Biz2Credit Small Business Lending Index recently reported approval rates for small business loan applications hit a record high of 27.6% at big banks in June 2019 while approval percentages from regional and community banks increased to 50% for the first time this year. It’s always encouraging to hear positive news about higher approval loan…
Working capital is the lifeline of any business. Meeting payroll, managing inventory, and covering daily expenses are all part of day-to-day operations. To meet demands, short term business loans are available and can sustain operations or used for unforeseen costs when working capital is low during a slow market or certain business cycles. If you…
Looking to use the Fix and Flip model to enhance your income? Have you considered purchasing a property and then using that property to boost your monthly or yearly earnings? Often this is called Flipping a home. It is changing the state of a home from where you purchase it, enhancing it and then noting…
With all the information out there, the types of hard money loans available can be confusing. When determining the best course of action, it is best to be informed. With a variety of options, you will want to carefully consider what type of purchase you are most interested in. Whether looking to purchase an apartment…
Whether you are planning to purchase a real estate property, a commercial property or a site with multiple apartments, working to build up a business and investments is not for the faint of heart. You are powerful, you are gutsy, you like a challenge. Successful entrepreneurs understand that taking a risk is absolutely essential to…
Being a landlord is a great way to make extra income. To be an effective and smart landlord, there are some simple steps to take to make your experience easy and enjoyable. Follow the steps below to take your dream of managing properties into reality. Buy and Repair the Property With many options to purchase…
Millennials are making up a large portion of home buyers in 2019. It is essential for Fix and Flip Investors to understand what millennials are looking for in their home. Millennials are in their late 20’s to early 30’s. Some have purchased a first home and are looking to purchase their second. Other millennials have…
Imagine that you are looking to purchase a property or make updates to an existing investment. But you are out of time. You need the money quickly and just can’t wait for a traditional bank loan to process. You know that you need a Hard Money Lender. You found a list of great lenders in…
It takes a lot to own apartment buildings. There can be quite a bit of risk but there’s good to owning apartment as well. Luckily, the good far outweighs the bad. Outweighing the risks – When someone owns one home and uses it as a rental property, they get in turn, one source of income….
There are many reasons a loan for commercial construction may be necessary. Maybe you’re ready to own your own business or you’re finally expanding and purchased the land next door. Whatever the reason, obtaining a commercial construction loan first is going to make the process a whole lot easier. But where do you begin? How…