When investing in real estate, it’s important to have an exit strategy, in the overall plan. This is especially important when choosing to use a private lender for funding. For example when determining the exit strategy ask yourself; is this a property you want to renovate and sell as quickly as possible, or are you … Read more
Alright, you’ve done all the hard work and completed your latest fix and flip project. You’ve checked all the boxes on your rehab list, and it’s time to list the property for sale. Before you do, follow these four home staging tips and tricks to sell the flip quickly so you can get started on … Read more
Now that the spring season is upon us, fix and flip investors are hard at work getting their properties ready. When getting your property market ready, many sellers will focus all their energy on the inside of the home despite the crucial role curb appeal plays in attracting potential homebuyers. First impressions matter whether online … Read more
In real estate investing, particularly fix and flip investing, choosing the right property to invest in can determine if the project will be profitable. So, before selecting a property to flip it’s important to know what the value of the home will be after renovations, or the After-Repair Value (ARV). What Is ARV? Simply put … Read more
Before starting in real estate investing let’s go over some commonly asked hard money lending questions. What is Hard Money? Hard money loans are a specific type of asset-based loans that are secured by real estate collateral. Hard money loans are generally given through private investors or companies. Who Uses Hard Money? The main individuals … Read more
Getting started in real estate investing can present you with a whole new vocabulary. Luckily, we’ve compiled the following list of industry terms which you are likely to hear if you jump into the hard money/ real estate investing space. Terms: After Repair Value (ARV) – This is an estimate, based on comparable properties near … Read more
In our industry, both in the private lending and financial technology industries, client and data protection are top of mind for both the company and customers. This is never more true than when dealing with someone’s book of business and their specific clients they have worked so hard to acquire. This is even more important … Read more
Bridge Loan Network is the industry solution for streamlining the process of originating hard money loans. With more features than before, your company can do more on Bridge Loan Network’s Loan Origination System (LOS). Our team has taken some of the most tedious tasks and offered them to you with the click of a button. … Read more
Bridge Loan Network has recently partnered with Appraisal Nation to make it simple for lenders to order appraisal directly through Bridge Loan Network. With one click you can order an appraisal for any property nationwide. In the private money industry, time is one of the most valuable assets. Appraisal Nation saves your company time by … Read more
Simply stated, how your lending process is structured holds a significant role in how efficient, compliant and quick your organization is in processing a loan from application to closing. Quite often we meet individuals whose main form of a “Loan Origination System” or “Loan Management System” is with many, many excel files and back and … Read more