Victoria S

September 15, 2021
where-to-invest-money-to-in-2022

Where to invest money in 2022?

If you are looking for where to invest money in 2022, real estate will become a perfect godsend. Andrew Carnegie said: “Ninety percent of all millionaires become so through owning real estate,” and we agree with him. According to Fitsmallbusiness, 5.8 million houses were sold in May 2021. It’s a 45% increase comparing with the previous year. Impressive, isn’t it? So, what types of properties will bring you the most significant profit in 2022? 1. Gaming and leisure properties The place of honor takes game and leisure properties. As consumers are willing to spend more time outside, these properties will be in high demand next year. Thanks to the pandemic! However, investors can get excellent dividend yields, so there’s nothing to complain about. Potential growth, consumer needs in celebrating restrictions canceling, and high dividend yields will significantly increase your chances to make good money. Get ready to invest. 2. Single-family […]
September 8, 2021
how-will-a-hard-money-loan-help-you-to-buy-a-rental-property

How will a hard money loan help you to buy a rental property?

If you have found an ideal property that can be used for rental purposes, money may become a real problem. In these cases, a hard money loan is a perfect solution. Hard money lenders may be willing to lend you up to 100% of the property cost. That will be very helpful, especially if you have no time to wait. What are the main advantages of using hard money loans? 1. Fast deal closing Despite the banks, you don’t need to wait weeks or even months until your loan will be approved. LBC Capital professionals process each application up to 24 hours. One more benefit is we don’t require as many documents as banks do. So even if your credit score is not significant, we are still able to help you. However, hard money loans are usually a short-term type of financing – from 6 months to five years. 2. […]
September 1, 2021

Everything you need to know about fix and flip hard money loans

For fix and flip investors, access to quick financing is super important. We understand that our clients who purchase properties need to do some rehab to make the houses ready for sale or rental. In some cases, repair may cost more remarkable than the actual price of purchase. That’s why LBC Capital provides the best types of financing for fix and flip loans: Private Money Loan/Hard Money Loan This is the most popular type of loan for people looking to fix and flip homes and who need money fast. Maybe a borrower doesn’t have time or the credit to wait for the bank’s “blessing,” or they have got credit issues that would prevent them from getting a traditional loan. Private money loans and hard money loans are available for experienced investors, flippers, contractors, and developers. Cash-Out Refinance This type of loan is excellent for investors with enough equity build-up in […]
August 26, 2021
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Top of the tips how easily get a hard money loan

Unlike banks, private lenders can give you a hard money loan easier, faster, and securely. It may become an excellent solution for situations like fix and flips, land loans, construction loans, or the case when an investor has to act quickly and has no time to wait. However, there are some requirements you need to know before getting a hard money loan: 1. Down payment/equity One of the main requirements is having a down payment or equity of a particular property used as collateral. The minimum range for residential property is 25%-30% of the loan amount, and for commercial property, the range varies from 30% to 40%. So, obviously, the higher the down payment is, the bigger the chance to get a loan. 2. Overall financial strength The second key point is the borrower has to have cash reserves to make monthly loan payments and holding costs. The minimum cash […]
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