The program offers construction financing for the development of new rental properties
California based lender opens new office to serve central time zone
When the first flood of foreclosures swamped housing markets at the dawn of the Foreclosure Era in 2007, a new generation of investors saw the opportunity and discovered they could make much more money by holding and renting the properties they acquired than by flipping them. Rental income from tenants—often families displaced by the housing crisis—created the cash flows necessary to fund additional foreclosure purchases and the REO-to-rental business was born.
What are the top five most expensive U.S. Cities to buy a home? The answer may surprise you. This list is based on the highest price per square foot for homes in the U.S.
Many States such as Nevada, Arizona, and even Utah are imposing stiff fines for paying broker fees on residential hard money loans.
In today’s lending environment, a loan from your friendly banker on an investment property is nearly impossible to get. Many investors have held onto their income-producing investment properties through the meltdown in real estate.
Cash has been king since 2008 when the market crashed. Because so many toxic banks were taken over by the FDIC, they established various bidding platforms whereby assets are bundled and then offered for sale to qualified, registered bidders.