We last looked at the prepayment feature of rehab loans, and the difference between a prepayment penalty, guaranteed interest and an interest reserve. Today we are going to look at another component of rehab loans, the builders control or fund control account. There are two basic types of loans you will take if you are [...]
If you are looking for a rehab investor loan on residential property, there are a number of rehab loan terms you will want to be familiar with. For most residential rehab investor loans, you will be making interest only payments for anywhere from three to twelve months. Many of these residential rehab loans will have [...]
In today’s real estate market, flipping homes is a great business model. With the glut of foreclosures on the market, there is inventory available to enable even novices to enter the business and be profitable (if they do their homework). Novices, however, typically are in need of house flipping financing in the form of acquisition [...]
