3 Reasons to Get Pre-Approval for a Fix and Flip Loan

Whether you are just getting into Fix and Flips, or if you’re a real estate investment veteran, it is natural to be thinking about the first or next flip property. No doubt, the property is the focus of the project. However, there are many benefits to cover funding before the flip by putting “Pre-Approval for a Fix and Flip Loan” …

Local Hard Money Loans Suggested for Local Fix and Flip Investors

Local Investors Should Quote Local Hard Money for Fix and Flip Loans, as National Players Drive Online Competition Up, and ROI Down Today’s fix-and-flip market is the hottest it’s ever been, with flips as high as 11% of the total residential market in Q4 of 2018, so the lending market for funding the flip is becoming as diverse and competitive …

Hard Money Made Simple for Fix and Flip Investors

MM Lending has been a “Private, Local Real Estate Investment Lender” since 2005. Are we a “Hard Money Lender”? Well, that’s increasingly the term that new investors (and fix-and-flip seminars) are calling private lending for fix and flip projects. The term “hard money” has a history, and not a good one (as explained further below). It’s just a change of trending …

2019 Real Estate Market for Fix and Flip Investing

Comparing the 2019 Real Estate Market to ’07-’09 If you follow fix and flip trends within the 2019 real estate market, you have seen increasingly more articles and posts comparing the current  2018-2019 market to that of 2007, preceding the housing bubble crash and credit crisis of 2008 – ’09. Investors are encouraged by the bullishness of the current trend …

A Girl Working on Laptop to finance fix and flip

Fix and Flip Reality Depends on Real Costs and Real Choices.

Reality vs. Reality Show Fix and Flip Economics Reality shows make fix and flip real estate investment look simple: Final sale price, minus purchase price, minus rehab costs, equals profit, in about three months, right? Following that simple math, you often see a 50% purchase-to-value ratio as what you should expect from a flip project, which suggests your profit margin …

Hyde Park Fix and Flip

Hyde Park Fix and Flip Being Funded by MM Lending MM Lending is very pleased to be providing the funding for this upscale condo conversion in the Hyde Park Neighborhood of Cincinnati, OH.    

fix and flip loan Louisville

6 steps in securing a competitive fix and flip loan

A Fix and Flip Loan,  often called a “hard money loan” or “private real estate investment loan,” is the most common source of funding for real estate investors who buy distressed properties,  quickly renovate them, and then list them back on the market to earn as much profit as possible on the “flip”. The loan is secured by the investment …

Customer Understanding Hard Money Loans

What you need to know about hard money loans

A Hard Money loan for a “fix and flip” real estate investment means borrowing the property-purchase and rehab money by mortgaging the property that you’re going to flip. In other words, you’re using your planned investment property as collateral for the loan. Loan closing is done very quickly to ensure that you get the property, especially in a competitive fix-and-flip …

What Credit Score Do You Need for a Competitive Rate on a Fix and Flip Loan?

What Credit Score Do You Need for a Competitive Rate on a “Fix and Flip” Real Estate Investment Loan? The lower your credit score, the higher your rate for a “hard money”, fix and flip loan, right? Not necessarily. At MM Lending, we have been flipping houses as well as funding local, residential real estate investment loans since 2005 … …