Even when we try our best to plan for everything, life sometimes throws us a curveball. Maybe you need to change locations for a career opportunity or to accommodate a growing family. Or perhaps your most recent fix and flip was a bit more than you bargained for. Regardless of whether it’s a primary residence or an investment property, it’s useful to know when and how to sell a house that needs repairs. … [Read more...] about Do You Know When and How to Sell a House that Needs Repairs?
As summer draws to a close, you may be reflecting on your favorite vacation moments, or better yet, already planning some new ones. Last year, nearly 1 million people decided to start making memories at their own vacation property. And, at least 25% of all vacation property owners have decided to make some money in the process by renting out their properties during part of the year. If you’re thinking of doing the same, it’s worth learning about your what your best option might be for financing … [Read more...] about Getting a Mortgage for A Vacation Rental Property: Is It Worth It?
A “short sale” may sound like a quick and painless process, but in reality, it can be a lengthy and costly way to buy a house. The term short sale can be misleading, as it sounds like the sale will be completed in a short amount of time. However, “short sale” alludes to the fact that the home is valued at less than the mortgage. This means that when the owner sells the home, they will still come up short on repaying their mortgage. If you’re thinking about buying a short sale home, make sure you … [Read more...] about Is Buying a Short Sale Home a Good Idea? Brass Financial Group Explains
Did you know that if you’ve been turned down by a bank for a traditional mortgage, you still have options? If you’re ready to buy a property, your path to ownership doesn’t end just because a bank says “no.” Hard money loans are a great tool for real estate investors. At Brass Financial Group, we believe knowledge is power. If you’re wondering, “What is a hard money loan and can it help me make money?,” check out the article below where we break down the details. Hard Money Basics What is … [Read more...] about What is a Hard Money Loan?
If you’re looking for financing for flipping houses, it pays to do your homework. Deciding which type of lender you want to work with will help determine how smoothly your project will run. If you’re hoping for a project where your financing partner gives you a competitive edge in the market and allows you to act quickly, Brass Financial Group may be a perfect fit for you. Selecting Your Investment Property Before you secure your financing for flipping houses, you’ll want to pick your … [Read more...] about Financing for Flipping Houses: Where to Start?
If you’re a real estate investor working on a fix and flip, a rental property, or trying to buy a house in foreclosure, you know that easy access to financing is one of the keys to success. When investors need quick loans, NJ financial leaders at Brass Financial Group are here to help you succeed. What is a Quick Loan? A quick loan is a financing tool that allows you to easily apply for and receive funding. At Brass Financial Group, we offer flix and flip, rental, and hard money loans. … [Read more...] about Quick Loans: NJ Financial Group to the Rescue