Close your eyes. Clear your mind. Take a deep breath.
Now, let’s pretend we’re talking to each other two years from now. What happened during that time period that made you proud and put a smile on your face? How does your cash flow look? What kind of work schedule do you have? How does life look for you and your family?
When it comes to investing, we have discovered that thinking ahead two years leads to the most success. Why two years? Well, it’s short enough to imagine without being overwhelming, and it’s long enough to create tangible, positive change in your life.
Coming up with a plan is as easy as one, two, three:
Step 1: Imagine where you want to be in two years.
Step 2: Evaluate where you’re starting at today.
Step 3: Create a plan that connects your current reality to your future dreams.
How do you formulate an actual plan? Well, that’s what our team is here to help you do. It’s just a matter of picking up the phone and giving us a call to chat.
One conversation can change your future…and your life!
https://hardmoneymike.com/wp-content/uploads/2019/09/beach-calm-dawn-267967.jpg14402160Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2019-08-28 08:00:192019-09-12 13:31:14What’s Your 2-Year Plan?
https://hardmoneymike.com/wp-content/uploads/2019/08/121.jpg408612Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2019-08-23 08:00:172019-09-12 13:34:27Friday Fun – Lenders Be Like
As mentioned in a previous post, there’s likely a valid reason. The most logical explanation is a lender doesn’t have the kind of loan you’re looking for. They might only offer loans that include:
Lower LTV’s
Shorter terms
Smaller loan sizes
Borrower entity requirements
Loans for higher credit scores
Loans for those with more experience
Even so, it gets old. So, what are some tricks can you try to avoid hearing, “No,” instead of “Yes”? Here are just a couple:
Look for smaller banks in your area. They will charge a little more but don’t mind the churning because they have smaller buckets of money.
With that said, we recommend you always work with one or two small banks because they’ll tighten the money outflow as they fill their buckets up.
Look for lenders who like real estate investors. How? Just ask them upfront if they work with fix and flippers before you go through the four-week process of being turned down.
Are you ready to set yourself up for success, rather than failure? Give us a call at 303.539.3000 to get the ball rolling!
https://hardmoneymike.com/wp-content/uploads/2019/08/Sad-Investor.png1844737Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2019-08-21 08:00:362019-09-12 13:35:49Tricks to Get Approved for a Loan
With the Loan Optimizer, our goal is to help you make MORE money every time you complete a fix and flip or fix and hold. This software will help you discover the real cost of various finance options.
The key benefits you can expect from using the HMM Loan Optimizer include:
Seeing how much money you’ll need to contribute to the project and how it will impact your profits and cashflow.
Comparing all lenders (and their hidden fees) and EASILY calculating the TRUE cost of your loan.
Evaluating your terms and deciding which is better: paying higher points or a higher rate.
How the length of your project will impact the cost of each loan option.
Since the Loan Optimizer is a newer product, we’d love to hear your feedback on how we can make it as user-friendly as possible!
Our goal is to help real estate investors like you succeed, so feel free to share this vital tool with your network.
Ready to make more money on your next deal? Then request our HMM Loan Optimizer and start comparing your options today! For a limited time, we’re offering this tool for free, so email Info@HardMoneyMike.com for your copy or download it here.
https://hardmoneymike.com/wp-content/uploads/2019/07/9.png756583Jenna Weldonhttps://hardmoneymike.com/wp-content/uploads/2019/06/hard-money-mike-logo.pngJenna Weldon2019-08-19 12:00:202019-09-04 14:55:40Introducing the Hard Money Mike Loan Optimizer
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