No doubt, coronavirus (COVID-19) has changed our views about everything. We can now work from home and be as efficient as we were in office; it is safer to stay at home than going to social gatherings; suburbs and rural areas seem safer than the congested cities. This has caused so many people to consider moving to less crowded areas. A survey of 2,050 adults by Harris Poll shows that 39% of city …Read More
Hard money lenders are the best option for investors. Why? This is because funds are released in time and they required less paperwork to conventional lenders. However, their less stringent rules do not mean documents are not required before funds are released. So, if you need a home loan and do not qualify for conventional loans, here are documents you need to prepare before submitting a loan app…Read More
COVID-19 has significantly altered our way of life. Economic developments are extremely liquid, which means that we are not yet sure of the impact of the virus on our economy. Like other sectors of the economy, real estate transaction has also been on hold causing tremendous damage to the sector. What are the effects of the virus on this sector? Here are four real estate sectors that could be affe…Read More
Coronavirus or COVID-19 has been a humanitarian challenge that will surely have a lasting effect on the way we live, interact, work and play. While it’s terrifying millions of people worldwide, its effects on the world's financial system should not be underemphasized. Since this is a concern to even the smallest among us, how does it affect the U.S housing market? Foreign Demand for Real estat…Read More
Private money lenders are the best options for property investors. This is because they have faster processing times, have less stringent rules, disburse funds quickly and most importantly, have the same view of investments as the borrower. So, if you are still skeptical of private lenders after the above list, below are further explanations on why you should do business with private lending firms…Read More
With the ongoing COVID-19 outbreak, so many are suddenly faced with a new level of uncertainty that has left them wondering what to do next. A fair few find themselves unable to look more than a few days into the future, let alone 24 hours. But we’re here to reassure you the time to act for the future is now. At Lafayette Lending we understand your worry and concern about how now may not …Read More
Real estate investing requires extra work and an understanding of the industry to be successful. The advent of the internet has disrupted the industry. For example, some years ago, you need to attend paid conferences and seminars to know about the industry, but in recent times, you can learn so much about the industry online. This means real estate investing can be much easier if you know how to g…Read More
The fix-and-flip strategy is no doubt lucrative and the most common way of building wealth within a short period in real estate. Like other businesses, things do go wrong. But when things go wrong, what should you do? Here are a few options you can consider. 1. When Financing Fails Like the popular saying, “Money makes the world go around.” In real estate, especially the fix-and-flip s…Read More
Home improvement is just as overwhelming as buying a new property—it requires planning, financing and finding a qualified contractor. A successful property renovation means both homeowner and contractor clearly understand themselves and the project. Working with a contractor takes diligence and effort. Here are five tips to successfully deal with contractors during property renovation. Establish…Read More
As real estate investors, home improvement is inevitable. Whether you are performing it out of necessity due to damages or you are doing it to improve the value of the property, renovating your property is a way to show your tenants that you care. In this article are seven ways to save money while renovating your investment home. 1. Plan before renovating Planning comes before anything else. It is…Read More