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If you’re a house flipper already approved for a hard money first mortgage and need a second mortgage to cover down payment and closing costs, chances are you’re talking about something called gap funding. This blog post will discuss what you need to know about gap funding, including:
First Capital Trust Deeds originates agricultural hard money loans for ranchers, farmers, vintners, and cannabis growers throughout California, Oregon, and Washington.
A blanket loan is a mortgage used to finance more than one property. It can be utilized when investing in rental properties. If you’re a landlord, this type of loan can provide several distinct benefits so it’s definitely worth your consideration.
Although owning and investing in multiple properties is a smart move, it can also feel like an administrative headache. One of the biggest sources of frustration you may encounter is juggling your financial commitments. Obtaining several sources of financing and repaying them all individually can make accounting difficult. As you may already know, failing to streamline your accounts is a fast track to reducing your profits.
