LendingXpress
Skills You Should Have to Be Successful with Flip Loans
Reality television and the potential for a big monetary return have put a spotlight on flip loans. Flipping a house has been a popular investment choice in recent years, however everyone does need to understand that this can be a risky venture and is not for everyone. If a person does have the right qualities,…
Read More5 Reasons Hard Money Loans Are the Way to Go for Real Estate Investing
If you ask a seasoned real estate investor the best way to fund projects, they’ll probably tell you to find a private money lender who can help you get hard money loans. Conventional loans through a bank have all sorts of regulations, many of which don’t make sense when it comes to real estate investing.…
Read MoreStrategies to Easily Make Money on Flip Loans
In order to be successful with your flip loans, you need to have a strategy for rehabbing a property to increase its value by a significant percentage. For some areas, you’ll only need to do a few updates to the kitchen and bathrooms, new flooring, and sprucing up the landscaping. In other areas, it is…
Read MoreBefore Approaching Hard Money Lenders, Know Your Goals and Skills
At LendingXpress, we’ve built a reputation as flexible hard money lenders who work with real estate investors on a variety of projects. We issue hard money loans on residential and commercial property throughout California, and we love what we do. However, sometimes we see proposals from investors who are working more from boundless optimism than…
Read MoreHow to Make Money on Rehab Loans: Do Your Research and then Go for It!
When it comes to real estate investing, the most common piece of advice is to do plenty of research. This doesn’t mean just reading up on general information. To really make money with rehab loans, you need to know your local real estate market very well. The market in Los Angeles is different from Santa…
Read MoreHow to Work with Private Money Lenders for Rehab Loans
If you’re interested in becoming a real estate investor, you need to decide on the best way to get the money for fixing up real estate. Investors typically work with private money lenders. These lenders work very differently from conventional lenders. They offer hard money loans, which usually have a shorter term for the loans,…
Read MoreStaging the Building Is the Last Phase Before Selling When You Have a Flip Loan
We’ve talked a lot about how important it is to have a plan for how you’re going to improve a building before you get a flip loan. But once you have the major renovations done, how are you going to sell the house and repay your rehab loan? Last week, we went over some of…
Read MoreWorking with a Hard Money Lender: What to Do Before Going to Market
We’ve talked a lot about how to figure out how to find a hard money lender, how make an offer on a house and how to estimate the cost of repairs. But once all the work is done, how do you know you’re ready to put the house or commercial building on the market? There…
Read MoreTips for Working with a Contractor on a Flip Loan
If you’re considering a flip loan to help get you on the way to real estate investing, there are lots of factors to have in place before you close a deal on a property. Experienced flippers will tell you that a most of the problems with investment properties come from miscommunication with the contractor. We’ve…
Read MoreHave a Plan to Making a Profit with Hard Money Loans
Reality TV shows and shady real estate “gurus” often make it appear that making money on real estate investments is super simple and only needs a bit of optimism and then–BAM!–piles of money. Most people realize that’s entirely unrealistic and do lots of research before plunging into the world of hard money loans. Everyone’s process…
Read More