One of the amazing features of Rehablist.com is the Hard Money section. The company understands that for people looking for hard money lenders, it is a very tiresome endeavor. Hard money lenders also feel the same when searching for hard money borrowers. Rehabhardmoney.com, Rehablist’s sister site, is the place where both parties come together.
Hard money loans are usually not obtained through banks. Such loans are from private lending institutions, which are hard to find these days. In Rehablist.com, borrowers will get free access to meet lenders and vice versa!
The site provides a point for lenders and borrowers to converge, thus making the whole process of hard money lending easier and more practical for both parties.
For investors who are eager to privately get hard money in the fastest way can get it right here. For borrowers, when they sign up for a FREE membership, bonus tutorials and reports about hard money loans are provided. A special report about using hard money for your own advantage and the mistakes that should be avoided when borrowing will be sent directly through your email. Plus, a tutorial video on how to get and use hard money the easy way awaits you.
For lenders who need more leads, Rehablist has it all. The site provides every tool for you to succeed in the business of hard money lending. The site gives you a chance to be the exclusive lender in your county. The competition is growing, so you have to step up, the company gives you the chance to do so.
The site has also created a learning center for visitors who might be interested in hard money lending. It also provides tutorials in the form of videos and written materials to for better understanding of the principles of hard money lending.
The site’s tutorials provide information on why lenders put on higher interest rates when it comes to hard money and what you can do about it. Hard money loans are pretty tricky, but with the right guidance, you will never lose your way.
Hard money loan is a form of an asset-based finance. The amount of the loan depends on the value of the real estate. It has a higher interest rate, given that it is a risky loan for lenders. This is a great way to get fast money to finance fix upper homes. In this case, the amount of the loan depends upon the value of the property after it is repaired, not before. This means that you’ll be getting a higher amount of loan to finance the works needed to be done on the property.
This is an ideal method for investors who are starting up on the business penniless. If you don’t have any money, but have a secured contract on a fix upper, you’ll be able to borrow thousands of dollars. Rehablist likes to think of it as an “access to capital.”
Investors and rehabbers, can mostly benefit from the information that the site provides. The site does not only offer opportunity but also a head start for those willing to take on the lucrative business of real estate investing. Visit them anytime at www.Rehablist.com to know more about the different services you can benefit from.
Showing posts with label fixer upper. Show all posts
Showing posts with label fixer upper. Show all posts
Tuesday, November 10, 2009
Inspecting Fixer Uppers Set For Rehabbing
If there’s a phase of rehabbing that you must be vary careful in, it’s during the inspection stage. This is where you check the property and ask yourself, “Will I reap profits from this house after I repair and sell it?” Some rehabbers even hire professional inspectors because they do not want to make a mistake during this stage.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
Labels:
fixer upper,
fixer upper homes,
real estate,
Rehab List,
rehabbing
The House Rehabber And Seller Rendezvous
The Internet has become a powerful tool for those in real estate investing. A rehabber can now search for properties to flip online. A home owner, meanwhile, can find buyers for his property online. Perhaps we could say that cyberspace has become a rendezvous for those looking for houses to flip and those who have properties to offer.
However convenient it may seem, searching for properties online regularly can also be tedious, especially for full time investors. After finding a fixer upper home from one area today, you must search again the net again tomorrow for the latest properties available. You could spare yourself from all this hassle if only there was a website that serves as a meeting place for house buyers and sellers, one where you will be regularly supplied with the list of the freshest properties for sale. Watch the confetti fall and party poppers explode because actually there is one kind of site.
For those who have been living in a cave, RehabList.com is the rendezvous of a rehabber and an owner who wants to sell a fixer upper. Whether you’re looking for fixer upper or selling one, you don’t need to go elsewhere on the net. Rehab List is visited by scores of fixer upper buyers every single day. Buyers know that the website offers free advertisement of properties. This free service draws sellers to the site. To advertise your property online for free, simply create a log in account. This account will also grant you access to other services offered by the website.
Rehab List serves as a rendezvous for those looking for funds for rehab projects and those who give out loans. Just go to the website and you’ll find a link for those looking for hard money loans, a popular kind of financing in the real estate investing world. Another link is for hard money lenders who want to find more borrowers.
The website is actually a program that was formed to bring together the wholesale finders of single family homes in need of repair, realtors, independent “finders or birddogs,” and home sellers with the rehabber. Here is where everybody involved in the real estate investing cycle will find something useful for their respective fields. It promises to provide information that can boost one’s real estate investing career. Those who have no idea about real estate investing can familiarize themselves with the rewarding business through the website’s Learning Center.
Just click articles and you will find useful pieces on hard money financing, flipping houses, and negotiating like a professional, among others. Visit RehabList.com today!
However convenient it may seem, searching for properties online regularly can also be tedious, especially for full time investors. After finding a fixer upper home from one area today, you must search again the net again tomorrow for the latest properties available. You could spare yourself from all this hassle if only there was a website that serves as a meeting place for house buyers and sellers, one where you will be regularly supplied with the list of the freshest properties for sale. Watch the confetti fall and party poppers explode because actually there is one kind of site.
For those who have been living in a cave, RehabList.com is the rendezvous of a rehabber and an owner who wants to sell a fixer upper. Whether you’re looking for fixer upper or selling one, you don’t need to go elsewhere on the net. Rehab List is visited by scores of fixer upper buyers every single day. Buyers know that the website offers free advertisement of properties. This free service draws sellers to the site. To advertise your property online for free, simply create a log in account. This account will also grant you access to other services offered by the website.
Rehab List serves as a rendezvous for those looking for funds for rehab projects and those who give out loans. Just go to the website and you’ll find a link for those looking for hard money loans, a popular kind of financing in the real estate investing world. Another link is for hard money lenders who want to find more borrowers.
The website is actually a program that was formed to bring together the wholesale finders of single family homes in need of repair, realtors, independent “finders or birddogs,” and home sellers with the rehabber. Here is where everybody involved in the real estate investing cycle will find something useful for their respective fields. It promises to provide information that can boost one’s real estate investing career. Those who have no idea about real estate investing can familiarize themselves with the rewarding business through the website’s Learning Center.
Just click articles and you will find useful pieces on hard money financing, flipping houses, and negotiating like a professional, among others. Visit RehabList.com today!
Monday, November 9, 2009
The House Rehabber And Seller Rendezvous
The Internet has become a powerful tool for those in real estate investing. A rehabber can now search for properties to flip online. A home owner, meanwhile, can find buyers for his property online. Perhaps we could say that cyberspace has become a rendezvous for those looking for houses to flip and those who have properties to offer.
However convenient it may seem, searching for properties online regularly can also be tedious, especially for full time investors. After finding a fixer upper home from one area today, you must search again the net again tomorrow for the latest properties available. You could spare yourself from all this hassle if only there was a website that serves as a meeting place for house buyers and sellers, one where you will be regularly supplied with the list of the freshest properties for sale. Watch the confetti fall and party poppers explode because actually there is one kind of site.
For those who have been living in a cave, RehabList.com is the rendezvous of a rehabber and an owner who wants to sell a fixer upper. Whether you’re looking for fixer upper or selling one, you don’t need to go elsewhere on the net. Rehab List is visited by scores of fixer upper buyers every single day. Buyers know that the website offers free advertisement of properties. This free service draws sellers to the site. To advertise your property online for free, simply create a log in account. This account will also grant you access to other services offered by the website.
Rehab List serves as a rendezvous for those looking for funds for rehab projects and those who give out loans. Just go to the website and you’ll find a link for those looking for hard money loans, a popular kind of financing in the real estate investing world. Another link is for hard money lenders who want to find more borrowers.
The website is actually a program that was formed to bring together the wholesale finders of single family homes in need of repair, realtors, independent “finders or birddogs,” and home sellers with the rehabber. Here is where everybody involved in the real estate investing cycle will find something useful for their respective fields. It promises to provide information that can boost one’s real estate investing career. Those who have no idea about real estate investing can familiarize themselves with the rewarding business through the website’s Learning Center.
Just click articles and you will find useful pieces on hard money financing, flipping houses, and negotiating like a professional, among others. Visit RehabList.com today!
However convenient it may seem, searching for properties online regularly can also be tedious, especially for full time investors. After finding a fixer upper home from one area today, you must search again the net again tomorrow for the latest properties available. You could spare yourself from all this hassle if only there was a website that serves as a meeting place for house buyers and sellers, one where you will be regularly supplied with the list of the freshest properties for sale. Watch the confetti fall and party poppers explode because actually there is one kind of site.
For those who have been living in a cave, RehabList.com is the rendezvous of a rehabber and an owner who wants to sell a fixer upper. Whether you’re looking for fixer upper or selling one, you don’t need to go elsewhere on the net. Rehab List is visited by scores of fixer upper buyers every single day. Buyers know that the website offers free advertisement of properties. This free service draws sellers to the site. To advertise your property online for free, simply create a log in account. This account will also grant you access to other services offered by the website.
Rehab List serves as a rendezvous for those looking for funds for rehab projects and those who give out loans. Just go to the website and you’ll find a link for those looking for hard money loans, a popular kind of financing in the real estate investing world. Another link is for hard money lenders who want to find more borrowers.
The website is actually a program that was formed to bring together the wholesale finders of single family homes in need of repair, realtors, independent “finders or birddogs,” and home sellers with the rehabber. Here is where everybody involved in the real estate investing cycle will find something useful for their respective fields. It promises to provide information that can boost one’s real estate investing career. Those who have no idea about real estate investing can familiarize themselves with the rewarding business through the website’s Learning Center.
Just click articles and you will find useful pieces on hard money financing, flipping houses, and negotiating like a professional, among others. Visit RehabList.com today!
Inspecting Fixer Uppers Set For Rehabbing
If there’s a phase of rehabbing that you must be vary careful in, it’s during the inspection stage. This is where you check the property and ask yourself, “Will I reap profits from this house after I repair and sell it?” Some rehabbers even hire professional inspectors because they do not want to make a mistake during this stage.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
Labels:
fixer upper,
fixer upper homes,
real estate,
Rehab List,
rehabbing
Wednesday, November 4, 2009
Flipping Houses Tips For Beginners
You’ve probably watched one whole season of a one of a many TV show about flipping houses and realized that this form of real estate investing is easy and is for you. So, the next day you search your neighborhood for a fixer upper home and buy it. You start making repairs but after everything’s been completed, you realize that you didn’t earn anything from your first rehab. You aren’t alone.
To avoid doing the same mistakes in your second rehab, read and use the followings flipping houses tips:
Hire professionals if necessary. Television shows make it appear easy to rehab a home without us realizing that we are actually listening to professional house flippers. It wouldn’t hurt to hire a professional, especially if you know you are not qualified for a specific job. You must also check local laws and what processes in rehabbing a house in your area will need the certification of a professional.
Make a timeline. After inspecting and buying a property, what you need to do is create a simple timeline. This schedule must include your target date of accomplishment and “mini deadlines.” You can also include a daily task section. This will make sure that you are on tract to selling that property.
Keep your emotions in check. One thing most beginners forget is that they are rehabbing the fixer upper to sell it, not to turn it into a house they want to live in. This personal attachment to the property is one reason why expenses always exceed your budget for repairs. Your goal is to make it a decent home to live in for your prospective buyer and earn from it.
Arm yourself with he right information to avoid costly mistakes. Find more flipping houses tips at RehabList.com. You can also find your next project through RehabList, which has a Search Investment feature. If you have a property to sell, you can advertise it online for free through RehabList. Simply create a log-in account to gain access to this service. You also have the option to receive property listings in your inbox through RehabList, the authority in real estate investing.
To avoid doing the same mistakes in your second rehab, read and use the followings flipping houses tips:
Hire professionals if necessary. Television shows make it appear easy to rehab a home without us realizing that we are actually listening to professional house flippers. It wouldn’t hurt to hire a professional, especially if you know you are not qualified for a specific job. You must also check local laws and what processes in rehabbing a house in your area will need the certification of a professional.
Make a timeline. After inspecting and buying a property, what you need to do is create a simple timeline. This schedule must include your target date of accomplishment and “mini deadlines.” You can also include a daily task section. This will make sure that you are on tract to selling that property.
Keep your emotions in check. One thing most beginners forget is that they are rehabbing the fixer upper to sell it, not to turn it into a house they want to live in. This personal attachment to the property is one reason why expenses always exceed your budget for repairs. Your goal is to make it a decent home to live in for your prospective buyer and earn from it.
Arm yourself with he right information to avoid costly mistakes. Find more flipping houses tips at RehabList.com. You can also find your next project through RehabList, which has a Search Investment feature. If you have a property to sell, you can advertise it online for free through RehabList. Simply create a log-in account to gain access to this service. You also have the option to receive property listings in your inbox through RehabList, the authority in real estate investing.
Tuesday, October 27, 2009
Top 2 Mistakes When Flipping Houses
With a lot of television programs showing how easy flipping houses can be, many are tempted to immediately jump into the bandwagon. They will only realize later that they should have read more articles about flipping houses, watched more instructional videos, and planned their projects more carefully. Neophyte flippers commit several mistakes in their first few flips and these are the two most common:
The first is buying a house without proper inspection. Sometimes, flippers or rehabbers find a very cheap fixer upper home. The deal’s so good they fear it might go to another flipper if they don’t seal it immediately. So, what they do is check the house themselves and swiftly buy it believing they saved thousands of dollars and outfoxed competition. They then discover that the property has structural problems and would require more than just “cosmetic” rehabbing.
Remember that you are a beginner and that while you will learn in time, there are some things you must leave to experts for now. It would be better to hire a qualified home inspector whenever you check houses. The inspector is trained to diagnose the problems you might encounter with the house you are about to buy. He knows whether the roof needs to be replaced or if the piping system is busted, among others.
What’s a few bucks for the inspector if you can avoid a mistake worth thousands of dollars.
The second is buying a house without checking updated cost of materials. So you’ve inspected the house and you think it needs some repair on the flooring. Last time you checked, hardwood materials were worth a penny so you buy the house, thinking it won’t cost you much to repair the floor. You go to the hardwood store and your eyeballs roll on the floor seeing that hardwood prices doubled in just a few months. Your repair budget is ruined and your profit is halved. Lesson: always check the prices of materials that will eat up most of your repair budget before you buy any fixer upper. Establish a good rapport with the hardware guy and give him a ring, asking “how much is this, how much is that.”
It never hurts to learn more about flipping houses. You can read more articles at Rehablist.com. Rehablist has a Learning Center portion where you’ll find articles, videos, and audio files about rehabbing houses and other forms of real estate investing. You can also find or advertise fixer upper homes through Rehablist. Just create a log-in account and you’ll gain access to free services offered by Rehablist.
The first is buying a house without proper inspection. Sometimes, flippers or rehabbers find a very cheap fixer upper home. The deal’s so good they fear it might go to another flipper if they don’t seal it immediately. So, what they do is check the house themselves and swiftly buy it believing they saved thousands of dollars and outfoxed competition. They then discover that the property has structural problems and would require more than just “cosmetic” rehabbing.
Remember that you are a beginner and that while you will learn in time, there are some things you must leave to experts for now. It would be better to hire a qualified home inspector whenever you check houses. The inspector is trained to diagnose the problems you might encounter with the house you are about to buy. He knows whether the roof needs to be replaced or if the piping system is busted, among others.
What’s a few bucks for the inspector if you can avoid a mistake worth thousands of dollars.
The second is buying a house without checking updated cost of materials. So you’ve inspected the house and you think it needs some repair on the flooring. Last time you checked, hardwood materials were worth a penny so you buy the house, thinking it won’t cost you much to repair the floor. You go to the hardwood store and your eyeballs roll on the floor seeing that hardwood prices doubled in just a few months. Your repair budget is ruined and your profit is halved. Lesson: always check the prices of materials that will eat up most of your repair budget before you buy any fixer upper. Establish a good rapport with the hardware guy and give him a ring, asking “how much is this, how much is that.”
It never hurts to learn more about flipping houses. You can read more articles at Rehablist.com. Rehablist has a Learning Center portion where you’ll find articles, videos, and audio files about rehabbing houses and other forms of real estate investing. You can also find or advertise fixer upper homes through Rehablist. Just create a log-in account and you’ll gain access to free services offered by Rehablist.
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