Non-prime lending is officially back – and Citadel Servicing’s ever-expanding product roster is helping to bring it to new customers
Engineers have a seemingly unobjectionable proposal: Make roofs less likely to fly off in hurricanes. So why won’t the homebuilding industry support it?
One of my clients, who has flipped over 400 homes, never has to think about what carpet or paint to put into his rehab houses. His contractor has the SKU numbers conveniently filed at Home Depot for easy ordering, pickup, and payment. Using one home improvement supplier like Home Depot has helped this real estate investor to quickly and efficiently flip many rehab houses over the years.
When the first flood of foreclosures swamped housing markets at the dawn of the Foreclosure Era in 2007, a new generation of investors saw the opportunity and discovered they could make much more money by holding and renting the properties they acquired than by flipping them. Rental income from tenants—often families displaced by the housing crisis—created the cash flows necessary to fund additional foreclosure purchases and the REO-to-rental business was born.
What are the top five most expensive U.S. Cities to buy a home? The answer may surprise you. This list is based on the highest price per square foot for homes in the U.S.
Many States such as Nevada, Arizona, and even Utah are imposing stiff fines for paying broker fees on residential hard money loans.
In today’s lending environment, a loan from your friendly banker on an investment property is nearly impossible to get. Many investors have held onto their income-producing investment properties through the meltdown in real estate.