Lock Rate is a guarantee from a lender to keep the interest rate promised for a specific deal for certain amount of time. You will be assured that the rate on your investment will not increase during that period. In order to be eligible to lock in your rates on a specific deal, you must …
Ideas to Get Best Lock Rate Mean for Residential Lending? Read More »
When looking for a mortgage broker, you should find one who will not charge any upfront, credit or application fees. A smaller business operator mortgage brokers that could get you competitive rates on a preferred wholesale basis will be the one that will most likely offer the best deals for a loan. Mortgage brokers usually …
Mortgage Brokers? Is there any benefit to using a mortgage broker? Many people are not sure where to go when a mortgage is needed, whether the loan is for a home purchase or to refinance – the obvious choice is to most likely go with your local bank, although this may not be the best …
After repair value or ARV for a fix and flip property is an estimate of a home’s potential value after completion of all repairs needed for the property to be livable. The ARV could be thousands or even millions of dollars more in value compared to what the property was worth before rehab. General Concept …
Determining after repair value ARV for Fix and Flip? Read More »
A fix and the flip project could be extremely beneficial. You could profit substantially when you fix a property, as it would enhance its value once the project is completed and ready to be sold. Many real estate investors have lost millions of dollars in this business due to making wrong decisions when putting together …
5 important factors to consider when working on a Fix and Flip project Read More »
