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!
https://hardmoneymike.com/wp-content/uploads/2019/08/Money-In.png21831624Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2020-09-03 09:00:542020-08-25 10:00:39How Hard Money Mike Does Business: FAST!
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.
https://hardmoneymike.com/wp-content/uploads/2020/03/u-s-dollar-bills-pin-down-on-the-ground-164474-scaled.jpg17072560Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2020-08-19 14:00:252020-08-04 10:16:09Now Is the Time to Act
One of the key factors to making more on your investments is working with a lender who can handle your short-term AND long-term loans. Or rather, help you quickly buy and quickly refinance a property.
Why find a 2-Step loan program?
Well, most investors don’t have the luxury of closing a deal in 30 plus days. They need to close as fast as possible, especially if they’re buying from a wholesaler with a strict deadline.
However, many investors are nervous about using non-traditional funding (like hard money) to close a deal upfront. What if they get stuck in an expensive loan for months and months? What if they can’t get approved for a long-term loan and get stuck with that expensive loan?
That’s why it’s so important to work with a lender who can handle both sides of the coin. And not just any lender, but a lender who has experience with short-term and long-term loans.
Benefits of working with experienced lenders:
When you work with an experienced lender who offers a 2-Step Loan Program, you’ll:
Be able to quickly buy and quickly refinance a property.
Maximize your return on credit.
Maximize your refinance.
Enjoy less confusion and stress.
Think of a 2-Step Loan Program like a one-stop-shop for all of your real estate loans.
One of the best ways to make the most on your investments is to find wholesale deals. But, how do you do that? Well, here are 5 tips from REIClub.com. Check them out!
Check out this article from Bigger Pockets! There’s a brand new, enhanced way to look at the BRRRR strategy that could save you a lot of money.
It’s called BARRR: Buy, ADVERTISE, rehab, rent, refinance, repeat.
“Consider it a much-needed addition that has the potential to save you tax dollars, perhaps allowing you to take your spouse out to that super high-end restaurant downtown…”
https://hardmoneymike.com/wp-content/uploads/2019/10/abandoned-abandoned-building-black-and-white-2116491-scaled.jpg25601920Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2020-08-04 01:00:192022-01-13 02:58:50BRRRR Is Out, BARRRR Is In
How do you find good deals? Well, that’s what this video from Bigger Pockets discusses. In this video, you’ll learn about the top 10 strategies for finding great real estate investment deals, even in a competitive market.
What are you waiting for? Now’s the time to find a great deal and start investing. Need help? No worries. Our team is here and ready to coach you through the process.
https://hardmoneymike.com/wp-content/uploads/2019/10/architecture-beautiful-exterior-106399-scaled.jpg17072560Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2020-01-16 09:00:252020-01-07 15:48:04Thursday Tips: 10 Strategies For Finding Real Estate Investment Deals
We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
Essential Website Cookies
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.
We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
Other external services
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Google reCaptcha Settings:
Vimeo and Youtube video embeds:
Privacy Policy
You can read about our cookies and privacy settings in detail on our Privacy Policy Page.
