Now Is the Time to Act

The world is a little crazy right now.

But that craziness has placed real estate investors in a unique and POWERFUL position.

With time on our hands and the market in constant fluctuation, now this is the PERFECT time to boost your cash flow.

That’s right: BOOST.

How?

A few strategies:

  • Lower your rates: Rates are at an all-time low. If you wait until the market rebounds, you might miss out on those rates and get locked into much higher, more expensive rates.
  • Improve your return on credit (ROC): Wherever you are with your financing, it’s always worth a checkup to see if you can get a Return on Credit increase.
  • Skip a payment or two: With rising job uncertainty, some of your tenants might have a harder time covering their rent. Put yourself in the best financial situation possible. Give them a couple months of no payments. And once they start paying rent again, consider lowering their payments. If they’re safe, you’re safe.
  • Get out of private loans. One simple point can increase your cash flow. For example, a $300K loan could mean hundreds of dollars in your pocket.
  • Look at interest-only loans.
  • Lower your term and rate.

Don’t wait until the markets rebound. You might miss months or even years of lower payments.

NOW is the time to act!

Let’s get the process moving TODAY.

Hold and Rent Greeley, CO

 

The investor purchased this property in Greeley, Colorado using Hard Money Mike loan for hold and rent.

Hard Money Mike is a lender based in Colorado, lending money on all types of commercial based properties: fix and flip, land, whole tailing, and builder bridge loans.

Investor Real Estate Loans funds investor loans in single family and commercial buildings.

Hard Money Mike 303-539-3000

Dream Big!

BRRRR (our 2 Step) IN GRAND JUNCTION, COLORADO

BRRRR (our 2 Step) IN GRAND JUNCTION, COLORADO

$0 Money in from Investor

 

BRRRR (our 2 Step) IN GRAND JUNCTION, COLORADO

 

From close to close in less than 60 days and $0 out of pocket for purchase, rehab or closing.

 

This investor was able to get his hard money (short -term loan) quickly, purchase this fix and hold and rent, with $0 money down and refinance into a conventional loan in less than 60 days.

 

We do not see deals with this much built in equity as often as we use to but we still come across them.  Great way to start your rental portfolio or to buy and 1031x up to larger multi units.

 

Hard Money Mike is a lender based in Colorado, lending money on all types of commercial based properties: fix and flip, land, whole tailing, and builder bridge loans.

 

Investor Real Estate Loans funds investor loans in single family and commercial buildings.

 

Fix and Flip in Cheyenne, WY.

 

The investor purchased this property in Cheyenne, Wyoming using Hard Money Mike loan for fix and flip.

Hard Money Mike is a lender based in Colorado, lending money on all types of commercial based properties: fix and flip, land, whole tailing, and builder bridge loans.

Investor Real Estate Loans funds investor loans in single family and commercial buildings.

Hard Money Mike 303-539-3000

Happy Friday!!

BEFORE AND AFTER FLIP DEAL GRAND JUNCTION, CO

BEFORE AND AFTER PHOTOS OF INVESTMENT FLIP IN GRAND JUNCTION, CO

Hard Money Mike financed this investment flip and renovated property in Colorado for one of our repeat investors. Our client did a fabulous job transforming this dated property into a beautiful home! This property not only added value to the neighborhood after rehab, but our client’s pockets as well! It’s a win win for everyone!

When you go through Hard Money Mike, you can count on a quick and easy process for rehab projects like this one located in Grand Junction, Colorado. Hard Money Mike offers a large pool of lenders to find the right fit for your project.

Hard Money Mike is a lender based in Colorado, lending money on all types of commercial based properties: fix and flip, land, whole tailing, and builder bridge loans.

Call Mike Bonn at: 303-539-3000 or email Mike@HardMoneyMike.com

Are REITS showing us the way for future real estate investing?

Quick read from the Bowtie Economist Elliot Eisenberg regarding the investment in Real Estate Investment Trusts.

 

Since real estate transactions have been very limited given Covid-19, knowing what various types of real estate are worth has been hard to directly ascertain. However, publicly REITs trade daily. YTD through 6/30/20, data centers are up 19%, infrastructure is up 17%, industrial is up 2%, and everything else is negative…  Click here to read the rest and join his email list.

 

Ohio Fix and Flip: Before and After Spotlight

Before and After photos of Fix and Flip in Dallas, TX

Before and After photos of Fix and Flip in Dallas, TX

 

 

Look at this great fix and flip deal from one of our clients in Dallas, TX!

Like we love to say, our clients are changing neighborhoods in a very positive way.

This property is a shining example of what the real estate investing community is all about.

Lets all keep making these communities better and enjoying a profitable rehab.

Going through Hard Money Mike takes the guess work out of your hard money loan for rehab projects like this one in Dallas, TX.

Hard Money Mike offers a large pool of lenders to find the right fit for your project. Hard Money Mike is a lender based in Colorado, lending money on all types of commercial based properties: fix and flip, land, whole tailing, and builder bridge loans.

Contact Mike Bonn at: 303-539-3000 or email Mike@HardMoneyMike.com.

WHOLETAILING DEAL IN OHIO

 

This investor was able to pick up this property quickly using a hard money loan from

Hard Money Mike to fix and flip as a whole tail.

Hard Money Mike is a lender based in Colorado, lending money on all types of commercial based properties: fix and flip, land, whole tailing, and builder bridge loans.

Investor Real Estate Loans funds investor loans in single family and commercial buildings.

Hard Money Mike 303-539-3000