TAG
California foreclosures are rising steadily as part of a nationwide trend.
Read article →
Properties with building or municipal code violations often present attractive opportunities for experienced flippers.
Recording fees are charges collected by a county recorder when certain real estate documents are added to the official public record.
Many flippers and developers will encounter properties with unpermitted work.
Overcapitalizing is one of the easiest mistakes flippers, developers and property investors can make.
Non-judicial foreclosure is a process that allows a lender to foreclose on real estate secured by a loan without first filing a lawsuit and obtaining a court order.
The maturity date is one of the most important terms in a hard money loan agreement.
More and more homebuyers are prepared to pay move-in ready premiums in California.
Most property flippers buy a property with the intention of renovating and selling but sometimes the decision to refinance and hold may be a better strategy.
CONSTRUCTION
Loan Amount
$485,000
Loan Type
Construction loan
Location
Monterey County, CA
Approx. Value Increase
$392,000
FIX AND FLIP
$475,000
Purchase loan
San Jose, CA
$339,000
$490,000
Refinance loan
Carmichael, CA
$442,000
$600,000
Second Loan, Fix and flip
San Francisco, California
$1,250,000
