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Susan Naftulin
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Why It’s A Bad Idea To Use Seller’s Title Company
All too frequently our borrowers are convinced to sign a contract with a seller that gives them a discount on closing expenses if they use the seller’s requested title company. One of the biggest issues that we have in getting loans closed is when our customer, the buyer, accepts this option without thinking about it …
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The House Closing Process for Sellers
The house closing process for sellers starts once offers begin to come in, so be ready to negotiate. Even if the offer is at the asking price you can counteroffer, especially if you have multiple offers on the table. Negotiating When a buyer makes you an offer on your property, you have three options: You …
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How To Get Approved For A Rehab Loan (Every Time)
Are you thinking about taking out a loan to finance a house flip? Whether you are planning for today or in the future, you need to position yourself in a way that will make you an attractive, safe-bet to the lender. The better you look financially, the more a lender will negotiate with you to …
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How to Buy REO Properties
Lenders give this name to properties they’ve taken possession of as a result of their borrowers’ default. Every lender has an REO department that handles the maintenance and disposition of REO properties. It’s not always obvious how to buy REO properties though. The challenge of the lender to properly manage its real estate owned properties, …
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How Does Private Money Lending Work When Funding a Flip?
How Does Private Money Lending Work When Funding a Flip? Many people in the investment property rehab business think that private money rehab lenders and hard money rehab lenders are the same. They are actually different in many ways and by understanding the difference, you can gain a better understanding of what happens behind the …
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Find The Best Hard Money & Private Lenders
Are you shopping around for a house flipping hard money or private lender loan? It’s easy to search for the lowest upfront costs and interest rates, but did you know there are many other factors that determine who is a good lender, and who might let you down? Think of your private or hard money …
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Determining After Repair Value (ARV)
ARV (After Repair Value) is one of the most important things to consider when buying an investment property. Simply defined, ARV is what a property will be worth when the rehab is complete. Don’t get this mixed up with an “as-is” value, which is what the property is worth in its current state, before any …
