LendingXpress
Use Fix and Flip Loans to Build Your Own Business
Once you’ve gotten a few deals through with fix and flip loans, you might start thinking about making house flipping your full time job. If you’re thinking of going this route, you need to have a plan. Sit down with your partner or spouse and talk about a timeline for starting a real estate business.…
Read MoreGetting the Best Return on Your Hard Money Loan: Part 1
Over the next few weeks, we’re going to be doing a series on how to evaluate properties to make sure they’re a good bet for a hard money loan. There are a lot of different factors, and we’ll break them down one by one. When it comes to real estate investing, the key element to…
Read MoreA Good Devil’s Advocate Will Help You Get the Best Deals on Flip Loans
To be successful at flipping houses, you have to have a plan. Getting flip loans is actually the last step in a process that begins when your first see the house you want to buy and fix up. The basic question is: do I have the resources to make a profit on this structure? Sometimes…
Read MorePrivate Money Lenders: a Breakdown of Different Types
Once you decide you want to get into real estate investing, before you start looking at properties, you want to get the financial side in order. A little research will turn up the fact that private money lenders issue most of the loans. Traditional banks don’t want to take on the risks of fixer upper…
Read MoreUsing Rehab Loans to Fund Real Estate Investment Projects
There’s something really rewarding about fixing up a house that has fallen into disrepair. It’s satisfying to watch a broken-down house come back to life and become someone’s home again. Of course, to get into this business, you need the right financing. At LendingXpress, we specialize in helping real estate investors get the rehab loans…
Read MoreHow a Private Money Lender Works with Borrowers and Investors
Whether you’re getting into flipping houses or want to invest in real estate, you need to know what a private money lender is. Essentially, this type of lender is a company that finances loans that do not qualify for traditional bank lending. It’s commonly used by people who intend to buy houses to fix them…
Read MoreFix and Flip Loans: A Quick Guide for Beginning Investors
If you’re just getting started in real estate investing, chances are you’re looking to start flipping houses. Fix and flip loans are different than a loan for a house you’re going to live in. For starters, the term of the loan is quite short, usually from six to 12 months. Some loans are for up…
Read MoreUnderstanding the Basics of a Hard Money Loan for Real Estate Investing
If you’re interested in becoming a real estate investor, you’ll find that the financing options are very different than those for a house you plan to live in. As you research options, you’ll quickly read about the hard money loan. This type of loan is very different from a typical home loan. It is issued…
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