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Hub You - Lower Cost Loans for Real Estate Investors - The Best Way to Fund Your Flips
On Friday, SPX fell over 23 points, while the Dow declined over 210 points, and Nasdaq fell about 55 points. Oil rose $1.52 to close at $68.35 a barrel. Earnings generally only met expectations, after the market became overbought, and recent economic reports gave mixed signals. Moreover, SPX, the Dow, and
You want to meet the Rich Jerk!Ha – don’t make me laugh. What do you think the chances are of ever getting to meet this 26-year old brat who has more money than you’ve had hot dinners?Oh, you want to BE a Rich Jerk?Well, that’s a completely different story! I’m going to
When I started to buy my first real estate investment I found out that most lenders charge more for investor loans than for owner occupied homes. I don't exactly know why investors have to pay more for the same home but they do. I decided I wanted to flip homes and I started to calculate the cost of doing one investor loan. Most of the lenders I talked to wanted to charge closing cost in the thousands and higher interest rates.
I decided that there had to be a better way of funding my flip. After all, why should I pay a few thousand dollars for closing cost and loan cost when I was only holding the property for a few months? I then learned that s
Do You Need to Join a CCCS - Consumer Credit Counseling Service?Are you in a "debt hell"? If you are unsure, ask yourself these questions:Do you have bill collectors calling you and home and at work, leaving annoying messages?Are you afraid to open the door in the mo
When I started to buy my first real estate investment I found out that most lenders charge more for investor loans than for owner occupied homes. I don't exactly know why investors have to pay more for the same home but they do. I decided I wanted to flip homes and I started to calculate the cost of doing one investor loan. Most of the lenders I talked to wanted to charge closing cost in the thousands and higher interest rates.
I decided that there had to be a better way of funding my flip. After all, why should I pay a few thousand dollars for closing cost and loan cost when I was only holding the property for a few months? I then learned that s
Before we start getting deep into the meat of this article it's important to explain some standard terminology to make sure the rest of this article makes sense.An IP address is a number which identifies your location on the Internet.A blacklist is a list of IP addresses wh
I decided that there had to be a better way of funding my flip. After all, why should I pay a few thousand dollars for closing cost and loan cost when I was only holding the property for a few months? I then learned that s
Hi, Welcome to my site. Have you thought about getting into real estate investing? Well like every thing else, too be successful you need to plan. All the best people in their chosen fields all say that the way to success is to plan. If you have a plan in place, when you achieve what you are after, then
I decided that there had to be a better way of funding my flip. After all, why should I pay a few thousand dollars for closing cost and loan cost when I was only holding the property for a few months? I then learned that s
There are hopers and dreamers then there are entrepreneurs. To really understand how a genuine entrepreneur makes money you need to study the difference between these two groups and why hopers and dreamers fall by the way side, while the real thing go's from strength to strength."For the lack of a h
I like to use my home equity credit line to fund my flips. The costs of doing a home equity line are only a couple hundred dollars at the most. My line of credit was free. I didn't have to pay one dime to get my line of credit setup. The interest rate fluctuates and is usually a point higher than the normal thirty year fixed rate. The beauty of the credit line is that I can buy the home for cash and not have to pay loan costs each time I buy a home. Many banks will sell their REO's at a lower price if you can close fast and pay cash. I did one deal where the bank called me in the afternoon and said if I could close that night they would take seven thou
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