Tag Archive for: Hard Money
Before and After Photos Fix and Flip Deal Denver, CO
Here are some awesome before and after photos on a fix and flip in Colorado. The transformation adds value to the community and the investor’s pocket!
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
BEFORE AND AFTER FIX AND FLIP GRAND JUNCTION, CO
Look at this great fix and flip deal from one of our clients in Grand Junction, CO!
Changing neighborhoods one house at a time this investor is bringing value to the neighborhood and cashing in on a good investment!
Let’s all keep making these communities better and enjoying a profitable rehab.
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.
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
Quick to Buy, Quick to Refi – A New Rental Investment Strategy
Quick to Buy, Quick to Refi, a new 2-step loan strategy, helps you maximize your loan amounts while limiting the amount of cash you put into a project. It also helps you rapidly finish your projects and buy again, and again, and again.
What does that all mean? It means you no longer need to worry about missing out on great deals and getting stuck in expensive hard money loans.
The Quick to Buy, Quick to Refi strategy all starts with properly setting up your short AND long-term loans.
Now, even though your short-term loan will come first (to quickly buy an under market property from a wholesaler), a key step is to FIRST get pre-qualified for the long-term loan. Why? To ensure you’re able to maximize both loan amounts. If you can qualify for a larger loan upfront, then it’s likely your short-term lender will match that amount.
It also means you’re already going through the process for securing a long-term loan as you begin renovating a property with a short-term loan. Think, “Two birds, one stone.” By the time you finish renovations, you’re ready to refinance into a long-term loan.
But, hold on. You also need to know about the types of refinances. There are two you need to know about: “rate and term” and “cash out”. And yes, it matters you know the differences.
Ready to find out what about those differences? Then check out the whole video here and start capturing free equity, boosting your cash flow, and investing in more properties.
Want more videos with more tips to maximize your cash flow? Then check out our new video page, or subscribe to our new YouTube channel! Be sure to also check out all of our invest tools.
Before and After Photos Fix & Flip Deal in Commerce City, CO
Here are some Before and After photos from one of our clients in Colorado. This investor did a great job of transforming this property from an eye sore in the neighborhood to a gem! The investor and the community win on this one!
When you go through Hard Money Mike, you can count on a quick and easy process for rehab projects like this one located Commerce City, 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
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
2-Step Loan Program: Quick to Buy, Quick to Refi
2-Step Loan Program: Quick to Buy, Quick to Refi
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.
Less work, less hassle, more money.
Ready to learn more? Check out our YouTube Channel, download our investor tools, or Contact us today to get the ball rolling.
BRRRR (our 2 Step) IN GRAND JUNCTION, COLORADO
$0 Money in from Investor
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.