Housing Wire

FEBRUARY 28, 2024

Specific factors include higher debt-to-income ratios, self-employed borrowers who can’t qualify using tax returns, less than seven years out of a credit event such as a foreclosure, or real estate investors with more than 10 properties. There are high income and high-net-worth self-employed borrowers and real estate investors in every town.

Mortgage 378

Mortgage Investors Real Estate Business 378

Housing Wire

FEBRUARY 21, 2023

We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year.

Housing Market 376

Housing Market Renovations Marketing Retail 376

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Property managers and real estate agents who are interested in working with investors.

Real Estate 384

Real Estate Investing Investors Renovations 384

Housing Wire

APRIL 18, 2023

“I look forward to building our data infrastructure and accelerating our product roadmap to make home services more intelligent, accessible, and hassle-free for homeowners, investors, and real estate professionals,” Pampulov said in a statement.

Inspection 347

Inspection Real Estate Real Estate Agent Renovations 347

Housing Wire

JUNE 1, 2021

Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. In order for investors to qualify for the credit, buyers must make no more than 140% of area median income. The renovations would be on a budget, however.

Renovations 508

Renovations Development Investors Legal 508

Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants. of the median family income in the surrounding Census tract on average.

Renovations 353

Renovations Buyers Development Insurance 353

Housing Wire

FEBRUARY 13, 2024

“This milestone is a testament to the momentum our platform has achieved over the last six years due to the increased awareness of and demand for home equity products, including home equity investments in particular, among both homeowners and investors,” Hometap co-founder and CEO Jeffrey Glass said in a statement. “As

Investing 315

Investing Renovations Tools Real Estate 315

Inman

AUGUST 22, 2023

Plunk's repair and renovation analysis tools will serve investors who frequent Xome, which also markets nontraditional listings, such as auctions, foreclosures and other investor-minded assets.

Renovations 113

Renovations Investing Investors Tools 113

Appraisal Buzz

APRIL 30, 2024

With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,”

Marketing 416

Marketing Inventory Renovations Investors 416

Inman

NOVEMBER 15, 2023

While a number of companies have emerged to assist agents and their seller clients with renovating or updating a home before introducing it to the market, Sundae built its model on the opposite approach — helping consumers sell homes sell as-is to investors.

Renovations 130

Renovations Sellers Investors Clients 130

BiggerPockets

DECEMBER 25, 2023

With topics ranging from partnerships to home renovation hacks, we covered a ton of ground this year and […] We got to talk a WHOLE lot of real estate in 2023.

Renovations 79

Renovations Investors Real Estate 79

Housing Wire

JUNE 8, 2021

The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”. Given the rising price of lumber and other construction costs, renovations may sound impractical. A fix’n’flip loan is designed to cover the costs of purchasing a home and renovating it.

Inventory 338

Inventory Renovations Lending Construction 338

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Targeting investors and tailoring your real estate prospecting letters to their needs and is very smart.

Real Estate 372

Real Estate Open Houses Brokerage Real Estate Agent 372

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. NAR is advocating for temporarily lower capital gains taxes for mom-and-pop real estate investors [i.e.,

Inventory 464

Inventory Renovations Real Estate Government 464

Housing Wire

SEPTEMBER 24, 2021

As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase. Acra understands the struggles fix-and-flip investors face when seeking financing.

Lending 395

Lending Renovations Finance Investors 395

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months. Price Correction Risk by Region.

Buyers 426

Buyers Housing Market Marketing Investors 426

Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Let the Renovations Begin! When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations. Decide on How to Proceed. Questions?

Investing 332

Investing Renovations Landlords Real Estate 332

BiggerPockets

FEBRUARY 7, 2024

This means the next generation could be facing an avalanche of renovation costs. Much of that wealth has come from their homes, many of which have been underinvested in over the last few decades.

Real Estate 69

Real Estate Renovations Investors 69

PennyMac

JULY 21, 2021

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

Renovations 36

Renovations Real Estate Investing Design 36

Housing Wire

NOVEMBER 30, 2021

The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. Fix and flip loans offer borrowers the ability to renovate and rehab older homes to make them more appealing to homebuyers once they’re placed back on the market.

Supply Chain 350

Supply Chain Lending Investors Renovations 350

Housing Wire

DECEMBER 30, 2022

Demand for non-qualified mortgages (non-QMs) — loans for borrowers who fall outside the traditional conforming loan credit box, such as self-employed borrowers, gig workers and real estate investors, is not going away any time soon, LOs said. “In Instead, they’ll be seeking to renovate their homes.”.

Renovations 401

Renovations Realtors Construction Mortgage 401

Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

Real Estate 366

Real Estate Renovations Inventory Retail 366

Mashvisor

MAY 16, 2022

Find real estate agents near me when you need help identifying and evaluating renovation expenditures for a potential investment property. Table of Contents What Is a Real Estate Agent? Pros…

Real Estate Agent 68

Real Estate Agent Real Estate Agents Investors 68

Housing Wire

MAY 20, 2022

Investment homes often take longer to sell because your audience is other investors. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. Sell to Other Investors Using Roofstock Marketplace.

Real Estate Agent 398

Real Estate Agent Tenants Real Estate Agents 398

Housing Wire

NOVEMBER 5, 2021

Kelman told analysts and investors on the call that the idea that a machine learning algorithm “could get us into a pickle ” is one that all the iBuyers have worried about. Where Redfin has been struggling with its iBuying operation – as was also the case with Zillow – is with renovations.

Renovations 313

Renovations Brokerage Agents Real Estate 313

Housing Wire

JANUARY 4, 2022

Offerpad is a six-year-old company founded by its current CEO Brian Bair, a longtime real estate investor. Bair has maintained that Offerpad possesses the operational logistics to accurately value homes as well as provide renovation services that prompt a house to resell for a profit.

Logistics 437

Logistics Renovations Real Estate Market Value 437

Listing Spark

AUGUST 17, 2023

However, property investors and house flippers can run up against the requirements for FHA loans in ways that present unexpected obstacles. As an investor, the downstream implications of these challenges can be frustrating, equating to more time, delays, and expenses to bog down your business.

Investors 36

Investors Investing Buyers Real Estate 36

Mashvisor

NOVEMBER 22, 2021

Flipped properties are hidden gems: they’re located in decent environments, already renovated and upgraded, and move-in ready. However, the problem with investing in this property type is that it can…

Investors 69

Investors Renovations Investing 69

BiggerPockets

NOVEMBER 17, 2023

The BRRRR method, an acronym for "buy, rehab, rent, refinance, repeat," is a strategy for investors to purchase distressed properties at low costs, renovate, rent them out, refinance, and reinvest the proceeds.

Renovations 74

Renovations Investors Marketing 74

Housing Wire

MARCH 3, 2021

The programs include MAXEX Sustainable, which allows borrowers to finance green energy renovations into their 30-year fixed mortgage, and allows for residential solar panels and geothermal units to be amortized in the loan at the point of purchase or refinance. The company is also offering a “quicker” version of its base program.

Home Improvement 441

Home Improvement Renovations Finance Lending 441

Housing Wire

JULY 23, 2021

Fix n’ flip loans are ideal for investors and developers looking to purchase a home and renovate it. Through these loans, developers and investors are able to bring new stock to the market that may have been previously overlooked or passed up.

Housing Market 432

Housing Market Marketing Inventory Lending 432

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

Renovations 221

Renovations Buyers Appraisal Investing 221

Housing Wire

MARCH 22, 2021

Specifically, the state said that Modus used its partnership with “Staging Boost,” a platform that works with third-party vendor ZingFix to offer cleaning, landscaping, staging and listing preparation renovation with a deferred payment. ” Inman News first reported the planned license revocation. In all, Compass has lost $1.1

Insurance 431

Insurance Real Estate Agent Brokerage Real Estate 431

Housing Wire

APRIL 2, 2021

To coincide with the IPO, institutional investors have pledged to make a private investment of $250 million in the company. Two weeks ago, the firm launched a home improvement vertical with the $45 million acquisition of Renovate America ‘s Benji business line. The valuation at the time of the IPO is expected to be $1.9

Finance 280

Finance Renovations Investors Retail 280

Housing Wire

AUGUST 5, 2021

This bodes well for those still looking to refinance, renovate or even purchase a new home.”. Economists and investors are waiting for any indication that the Federal Reserve may begin tapering its asset purchases. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.88%.

Mortgage 527

Mortgage Valuation Housing Market Renovations 527

The Robert Weiler Company

JUNE 17, 2022

An investment in this market can provide reliable cash flow, steady appreciation, lower maintenance and management efforts per unit, and diversification of an investor’s portfolio. For new commercial real estate investors, buying a small apartment building for sale is a good investment choice. Reliable Cash Flow. Passive Income.

Property Management 147

Property Management Renovations Real Estate Investing 147