Frequently Asked Questions (FAQ)

 


Can you invest in real estate with no money?

There are many different components when it comes to investing with no money down. Do you have excellent credit? collateral to put down? Are you familar with buying homes at wholesale prices? at its core, wholesale consist of finding discounted properties, assigning the contract to a potential buyer and getting paid to do so. To do this you need to have access to public records and able to predict market climate.

 


How fast can you get a hard loan?

One of the greatest things about a hard money loan is how fast you can get one. Sometimes approvals can be granted in as little as 24-48 hours and settlements can take place in less than a week. Remember, however, that the lender will have to make an appraisal of the property, order and inspect title work, and have lender documents drafted. In an emergency situation such as foreclosure, we may be able to speed up the process to accommodate you.


Do you have customer service?

Of course! Our friendly and knowledgeable customer services reps are available to answer your questions 24/7/365.


What is a Joint Venture "JV"?

Is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing the real estate deal. This task can be a new project where someone comes in with the funds or it can be a deal where the Active partner has the deal but not the funds to proceed and someone comes in as a silent partner.


What is Real Estate Wholesaling?

Think of Sam's Clubs or Costco, places like this have to buy their product at a significant low price below retail market in order to have an potential of profiting back. In Real Estate your'e essentially the middle piece between a motivated seller and cash buyer, making your profit from buying low and selling slightly higher. A great wholesaler does over charge his/her investor leaving room for them to make good ROI. You want your clients to come back to you and ripping them off will make you a bad person to do business with.