Tag Archive for: Real estate investing
Introducing the Fix and Flip Escalator
Who would you rather keep your money?
You? Or your banker or lender?
This might seem like a rhetorical question, but it’s not. Believe it or not, many fix and flippers—inadvertently—choose to give their money to bankers and lenders. Sadly, most don’t even know it. Why? Because they don’t fully understand the Fix and Flip Escalator:
The basic goal with the escalator is to move down the steps as fast as you can. Every time you reach the next step, your profits will JUMP!
And you know what that means, right? Yep! More money in your pockets (not a bank or lender’s). And the more money you have, the faster you can flip homes. The faster you flip homes, the faster you can live the life you’ve always dreamed of.
Like, a lot faster!
If you’re ready to get moving, we’re ready to help. Give us a call to chat more about the benefits of the fix and flip escalator.
Win the Real Estate Finance Game!
Did you know more than $100,000 is sucked out of your pocket every two years? Yeah, that’s a lot of money—money you could be making rather than losing.
Why is this happening? Simply put, you’re not playing the real estate finance game right. As a fix and flipper, you probably think about projects like this:
You likely spend most of your energy debating whether or not to buy a property, and then creating a budget to maximize the repair WOW! factor. Smart, but that means financing is left for last…and least.
Code red! Code red!
Kidding.
Kind of.
As important as financing is, we get it. Who likes doing math and paperwork? Let’s face it, it’s just easier to assume all loans are identical and it’s perfectly fine to take the same financial path for every project.
…It’s not.
Sorry.
By taking the same path for every project, you risk losing a lot of money. Like, hundreds of thousands of dollars.
So, how do you win the real estate finance game? That’s what Hard Money Mike is all about! We want to help you understand how to increase your profits, lower your cost of funds, and improve your monthly cash flow.
If you’re ready to stop losing and start making, contact us! We’re excited to show you how you can win the real estate finance game.