1 min read
Ted Spradlin: Jul 3, 2023 5:47:31 AM
Dutch interest is a method that charges interest on the entire construction loan amount, even if only a portion has been disbursed to the borrower....
5 min read
Ted Spradlin: Aug 30, 2022 9:04:55 AM
If you’re a house flipper already approved for a hard money first mortgage, but need a second mortgage to cover down payment and closing costs,...
6 min read
Ted Spradlin: Aug 22, 2022 9:44:50 AM
This question has come in through the website dozens of times over the years from prospective house-flippers who are short on funds to close their...
2 min read
Ted Spradlin: May 25, 2019 11:00:13 PM
Yes, First Capital Trust Deeds originates hard money loans for properties listed by online real estate companies like Auction.com and Hubzu.com.
2 min read
Ted Spradlin: Jan 15, 2019 11:02:40 PM
Over the years, First Capital Trust Deeds has received this question, “How much down payment is required to flip a house with a hard money loan?”...
2 min read
Ted Spradlin: Jul 18, 2018 1:15:10 AM
If you’re eyeballing a prospective investment property to rehab and you need to finance it quickly, you might want to consider a fix and flip loan....
2 min read
Ted Spradlin: Mar 10, 2016 7:43:34 AM
Every week or so, we receive a phone call or email inquiry from a prospective house flipper inquiring about our After Repaired Value (ARV) hard money...
3 min read
Ted Spradlin: Mar 9, 2016 11:31:52 AM
Each week it seems that I talk to an aspiring first-time house flipper who is interested in taking out a hard money loan to finance their very first...
1 min read
Ted Spradlin: Sep 22, 2014 2:50:46 PM
First-time house flipper asks, “Can I get 100% financing?” Plus money for remodeling and carrying costs.
