It happens all the time. A home in a great location, but with completely worn-out floors, appliances, paint, and basically everything else in between. The home will usually sell for much less leaving room for any investor to buy the home, fix it, and then sell for a healthy margin. That’s a very simple example […]
by Nima Akbari
According to the Department of Housing and Urban Development, a Section 203(k) fills a unique & important need for homebuyers. When buying a house that needs repair or modernization, homebuyers usually have to follow a complicated and costly process. The interim acquisition & improvement loans often have relatively high-interest rates, short repayment terms, and a […]
by Nima Akbari
Most loans require proof that you can repay them. Usually, lenders rely on your credit scores and your disposable income to evaluate your ability to repay a loan. If you have a solid history of borrowing responsibly (generally measured by your debt to income ratio) and you’ve conducted the due diligence to determine that your […]
by Nima Akbari
It’s rare, especially on Scout, but it’s possible you might come across a loan shark. Loan sharks can make your life a living nightmare in the worst of cases. Spotting these loan sharks early and avoiding them will help ensure your real estate venture is as successful as possible. What to look out for: Interest […]
by Nima Akbari
Now that you’ve made your listing on Scout, you’ve been contacted by many lenders who think they can fund your project. How do you know which lender is right for you? Here are some questions that can guide you to your best option. Do you lend for owner-occupied properties? If you’re hoping to use a […]
by Nima Akbari
If you’re planning to be a landlord, you’re probably wondering how to make sure that your future tenants will pay rents on time and take good care of your property. Or instead, you’ve had bad tenants and want to learn how to make sure you never experience a bad tenant again. Either way, your tenants […]
by Ethan Bazargan
Just like every other business venture, investing in real estate, whether a complementary income stream or a full-time job, has many risks associated. While the general trend of property is that it generally increases in value over time, real estate investing often has very limited short-term returns and requires intensive capital to begin. At the […]
by Ethan Bazargan
Okay, so you came on Scout, made a property listing and now have some interested parties that want to fund your property. Nervous? Don’t be. Here is a set of tips to ensure sure you have a solid plan to make you and your lender profit. 1. Know how hard money works. Hard money […]
by Nima Akbari
Should I set up a holdings company to invest in rental properties? Chances are, if you’re building your rental property portfolio, you’ve probably begun questioning whether or not you need to start a holding company. Creating a holding company can bring a number of benefits, including advantages with tax, liability, and increasing the value of […]
by Ethan Bazargan
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