In the ever-evolving real estate landscape, in a market where unpredictability is the norm, private money lenders emerge as essential allies, providing the crucial elements of speed and agility. Seasoned investors understand that success hinges on adaptability and strategic financial partnerships.
When it comes to making the right choice in real estate investment, there’s a lot more to think about than just the property’s price and rental income potential. Experienced investors rely on a set of carefully refined tools and calculations to guide them. These tools are not just for risk reduction but also for maximizing returns.
In the following sections, we’ll explore some critical metrics that serve as invaluable compass points, steering astute real estate investors through the complex landscape of property options and enabling them to make informed decisions.
As a real estate investor, safeguarding your assets is of paramount importance. After all, your property is not just a building; it’s an income-generating investment that deserves optimal protection.
As a licensed agent in Property Casualty insurance, I’ve outlined some crucial coverages to help you navigate the complexities of insuring your investment properties.
I recently attended a small gathering of real estate investors where the topic turned to confusion about the types of lenders, and loans, available. As a lender, I myself find there is an ever-increasing alphabet soup of names being used in the industry. Private lenders, Hard Money Lenders – what’s the difference, or is there a difference?
Real estate is a significant contributor to global carbon emissions, accounting for about 40% of energy-related carbon dioxide emissions. As such, real estate investors are beginning to recognize the benefits of implementing sustainable and eco-friendly strategies in their portfolio. By doing so, they can not only contribute to a more sustainable future but also save money — a win-win situation!
As banks tighten their requirements and underwriting becomes even more difficult, more and more investors are considering DSCR loans for their rental properties. In most ways, a DSCR loan is very similar to a commercial bank loan. One difference is that they are usually a little bit more expensive than bank loans, but in many scenarios the benefits outweigh the cost.
While 2022 was a tumultuous year in the real estate investing industry, we are extremely proud that it was a record-setting year at Rock East Funding. While other lenders pulled back, or even disappeared, our clients continued to count on us to help them achieve their goals.
Why does Rock East continue to thrive? We believe it’s because we continue to stay true to the principles that have guided us since Alan first started lending more than 30 years ago. We have always stayed true to those principles, and we always will.
Rising interest rates, falling property values, uncertain rents. Added together, these can make any investor nervous and reluctant to buy more properties. However, all of these factors can also mean it’s the perfect time to continue investing. I’ve worked with small and large real estate investors, and here are three reasons why I think it’s a good time to be cautious, but not necessarily a time to be scared.
In real estate investing circles, it’s the most asked question these days: “In a rising interest rate environment, do I buy a rental property?” As a lender, who clients often turn to for advice, I’ve been attending conferences, webinars and reading a lot of articles to “get smarter” on the topic. Unfortunately, I can’t give you a definitive answer, but I can give you a few things to consider that really resonate with me…
Just like banks who provide mortgages for people buying a home to live in, most private lenders, who finance real estate investors, require an appraisal on a property before making a loan. The appraisal is used to protect the lender – it helps them evaluate if it’s a good deal for the investor and the appraised value is also usually used to set the maximum loan amount. I have been doing appraisals for private lenders for over 10 years. During that time on many occasions the appraisal has differed significantly from the borrower’s estimate of value. Often times this is because the investor does not fully understand how appraisers select the comparable sales used to value the property. If you understand these three things about appraisals, it will help you evaluate your deals…
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