Sooooo…this happened. Zillow, the company known for its online real estate listings (don’t act like you haven’t jumped on their site to see what real estate prices are like in your area, just because), recently announced that it will stop flipping homes. The announcement comes just one day after the company announced it is looking to sell about 7,000 homes in an attempt to recover from the debacle that is its high-tech, home flipping biz, as they bought too many
Caption: Think you can’t invest in real estate property without income verification? Think again. _ _ _ _ _ Let’s say you make this decision… “I want to invest in real estate.” What probably follows after that declaration is this question… “How do I get a loan for an investment property?” And what may follow right after that question are just a slew of even more questions… “How do I start investing in real estate without any income verification? Is
If the only thing stopping you from investing in real estate properties is your tax returns, well, here’s some good news for you. Some of you out there might think that you can’t finance a rental property without tax returns. Well, you know what? You can. Huh? What? HUH? We know that might sound like kooky talk, but you really can get an investment property loan minus any sort of tax returns. It takes a little more work, it requires
You’ve seen the reality TV version of flipping houses. But here’s how you REALLY flip a house! You’ve seen it on TV; folks flipping houses and then getting PAID. So, you say to yourself, “Hell, if these people can flip houses and make bank, so can I!” And you can…if you learn how to do it in the right way. Obviously, most things on TV aren’t real. (Pointing fingers right at ya, The Bachelor.) So, when you see house flipping
With a bridge loan, you are literally bridging the gap between two transactions. Here’s how you do it. A bridge loan is not just some cute banking term, if that’s even a thing. No, a bridge loan is simply a sum of money lent by a bank or money lender to cover an interval between two transactions, typically the buying of one house and the selling of another. Bridge loans are perfect for investors who have the cash but just
What exactly is a fix and flip loan and how do you get one? We are so glad you asked. If you are thinking about getting into the fix & flip business, if you are thinking about becoming the next great fix & flipper, you’re inevitably going to need to get yourself a fix and flip loan. It’s…kind of a big part of the whole fix and flip scenario, ya know? But what if you don’t know what a fix
