Source: Paces Funding Blog

Paces Funding Blog Real House Flipping Is Not Like The Reality TV Shows

If you're a professional house flipper, you might get frustrated by the reality TV shows. We all know that real house flipping is nothing like how it's depicted in the reality TV shows. For example, no handy investor picks from a pool of three fixer-upper homes. A great deal of thought is put into investing. Dozens, sometimes hundreds of houses are considered before choosing a home to flip. Market conditions and local dynamics are taken into consideration. Investors even take into consideration local ordinances, difficulty of permit processes compared to other areas, and the velocity of listed homes. Realistically, investors consider on average at least 75 homes before purchasing one to fix up and resell or fix up and rent. Unfortunately, the general public thinks property investors breeze through the process making mounds of cash, just because they have funding. Realistically, it takes skill, smarts and determination to make a fortune flipping houses. We know, because we work with intelligent, dedicated craftsmen every day. We understand the industry and the need for expediency of funding. We take your job seriously, and look forward to working with you. Are You Looking for a Hard Money Loan to Flip a House? Paces Funding is a hard money lender offering hard money loans to purchase and renovate non-owner occupied residential and commercial properties throughout the Atlanta, Nashville, Florida, or the North and South Carolina metropolitan areas. Our application process for hard money loans is easy. Just fill out this very simple online form and you will be contacted shortly. Unlike other lenders, the window between applying and funding is very small. We have funded properties in as a little as one day, but typically funding hard money loans takes about seven to ten days. Call us at 404-814-1644 [...]

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