All-Cash Offers From Big Investors Recede
July 29, 2024 | 2 Minute Read During the hypercompetitive pandemic years, cash was king as investors flooded the housing market with hefty cash offers. Now, however, the trend is shifting. According to a recent Realtor.com® report, the percentage of investors purchasing homes with cash dropped to 64% in the first quarter of 2024. This […]
Understanding Hard Money Loans
April 29, 2024 | Reading Time: 1 Minute If you are looking to fix and flip a project and need a hard money lender, they will loan you up to 90% of the purchase price and 100% of the renovation costs. However, the total amount is capped at 75% LTV (loan-to-value) of the after repair value […]