Tag Archive for: Fix and flip
Testimonial From Repeat Client
Hard Money Mike is about building long term relationships with our clients to help them attain their goals.
How Hard Money Mike Does Business: FAST!
Hard Money Mike does business differently than most others in the industry. Our #1 goal is to HELP YOU.
Truly. It’s as simple as that.
We want to BOOST your cashflow, find the very best products for your specific projects, and place you in a solid financial position.
We also strive to move at the speed of light.
What does that mean, exactly? Well, it means we can close most deals in DAYS, not weeks. Our team works efficiently and effectively to dot all I’s and cross all T’s to ensure you sign the dotted line as soon as possible.
No more sweating bullets as you wait weeks (or even months) to close a deal. With us, you can often close within a week!
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.