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You won’t make $50,000 on every house, every time- especially at the beginning. ROI is KEY!! What is your projected ROI? The 2 biggest factors in ROI: Buying right and Seller’s contribution. Rehab budget is KEY!! Accurate? What was missed or wrong in the estimate? Time and patience is KEY!! Over the long
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Tip 2: Develop Your Network Build your network and work closely with those who know the area and understand the local market. You don’t win by shopping for the least expensive person; the cheapest guy in town is never the cheapest guy in town. Meet ups and conferences allow you to meet peers and to
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TIP #1: WORK LOCAL AND THINK LOCAL • Know Baltimore (or your local area) • Do your research both online AND in person • Research closed sales history online and in publications • This will help you find the pockets of opportunity and understand the prices and, in turn, the returns • Understand the risks
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Trius Lending Partners your local hard money lender of Maryland strives to stay up to date on industry standards and initiatives. Our lenders attend conferences throughout the year to ensure that we are able to provide our clients with the most up to date information in regards to hard money lending. Whether you are in
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Faster response times and specialized knowledge are reasons to stay close to home By Steve Bond There are a lot of options when looking to get a hard money loan for a fix-and-flip or rehab project. Commercial mortgage brokers can feel overwhelmed in knowing who to trust and where to go to find the best
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