Guaranteed you heard a lot of hype about fix and flips lately, and with good reason! With the real estate market as hot as Brad Pitt pumping iron in Hell, Michigan right now, it would be crazy not to invest. Opportunities like this don’t come around every day, but it’s important to know the ins and outs before you invest. Many new, inexperienced investors only know what to expect from watching the programs on HGTV. However, the real fix and flip process is very different. And if you don’t go into it with your eyes open, enriched with some REI education, you may find yourself trapped in a terrible deal.
Therefore, we came up with 5 tips every real estate investor must read before going into their first, or next deal. Do Hard Money devotes their time and energy into nurturing and educating successful flippers. The more we can help you, the more profit you can make and the more money everyone can make in the end.
1. Understand the Fix and Flip Process Will be Difficult…Unless You’re Working with Do Hard Money
Though fixing and flipping a home is slightly more difficult than what you see on HGTV, it doesn’t have to be an incredibly hard process. If you’re highly motivated, determined to learn and willing to overcome hurdles, you will absolutely succeed in real estate investments. The best part is, you don’t have to do it alone. Do Hard Money provides an entire team of experts willing to walk you through every step of the process. We grant access to investment directors, account advisors and project managers to give you maximum customer support and ensure your deal is a great success. Our goal is to help you open the door to financial freedom through lucrative investments. We do so by funding deals, giving you essential tools and resources to grow in REI education and providing endless support so you know you’re not alone at any part of this endeavor.
2. Don’t Expect the Flip to Happen Fast…Unless You’re Working with Do Hard Money
Although it’s true fixing and flipping takes some time, our loans are designed to speed up the process. Do Hard Money offers short-term hard money loans of 5 months – meaning, you can buy the property, fix it up and resell it for a huge profit in 5 months or less! We also offer wholesale opportunities which can give you your profit in just two weeks! Our team is dedicated to speed and efficiency. After all, the less time you can take securing, rehabbing and selling the property, the more money we’ll all make. We even offer a project manager for every deal to ensure the rehab is completed on-time and on-budget and spare you any headaches of having to deal with construction or contractor issues.
3. You Won’t Get Any Free Advice…Unless You’re Working with Do Hard Money
Most hard money lenders out there only provide funding. As a result, you end up having to attend costly seminars and purchase pricey books to get some sort of investment knowledge. However, Do Hard Money is a one-stop shop for absolutely everything you need to become a profitable investor. Not only do we fund deals, but we also guide and mentor our borrowers to become REI experts. We offer an entire wealth of tips, tricks, tools and resources for success, including how to find the best properties and how to effectively market and sell these properties quickly.
4. You Must Spend Significant Time at Each Property Site…Unless You’re Working with Do Hard Money
Though you should visit the property before you purchase it, you don’t have to do all of the inspections yourself. You also don’t have to spend a huge chunk of time determining whether or not the property is worth the investment. Do Hard Money has access to a host of independent, third-party evaluators. They will visit the property for you and inspect it thoroughly. They will gather all of the necessary data and neighborhood comps for your deal. Our team will then run these numbers through an amazing tool known as the Advanced Deal Analyzer. This software analyzes your deal to determine possible risk factors and the ARV of the property. It will also show you how much net profit you can make on the deal. As a result, you will save significant time and money in the long run.
5. Don’t Invest in Big-City Hot Spots…Unless You’re Working with Do Hard Money
http://www.dohardmoney.com/wp-content/uploads/2017/08/Oklahoma-City-OK-1024×640.jpgMany investors prefer to stay on the perimeter of hot market areas. Though spillover markets are very popular, you can find many phenomenal deals at the heart of the housing hot spot. For example, Do Hard Money funded 12 lucrative deals over the past few months in Chicago, Illinois alone. Chicago currently enjoys a huge swarm of profitable real estate investment activity. A few of our clients do find deals on the outskirts of the city. However, you can locate most of our most profitable deals with $0 cash-to-close right in the middle of the action. Therefore, it can increase your profit to strike where the properties are red-hot.
Now that you know what we have to offer, let’s fund your deal! Earning massive profits and growing your real estate business with Do Hard Money has never been easier.
You have many options to get started on the path to financial freedom. To start right away, call us at 801.948.9774. Our investment associates are happy to take your call, answer your questions and help you with your next deal.
Next, you can also fill out a loan application by clicking on the yellow ‘Get Prequalified’ box on the right of this page. This expedites the process and gets you funded right away.
Finally, you can click on this link to schedule a time to chat with one of our investment associates. At your convenience, they can walk you through the steps of a deal and what you need to be successful.
We look forward to helping you earn incredible returns on your investment! Schedule your appointment today!