Multi-family property development can be a great opportunity for a new real estate investor. In this article, we’ll explore the world of multifamily property development and why it’s a promising avenue for investment. What is multi-family property development? Multi-family property development involves building or renovating properties to create residential buildings that can house multiple families…
A hard money loan can provide a flexible and efficient way for new real estate investors to fund their projects. And qualifying for hard money loans is easier than conventional bank loans. Qualifying for a Hard Money Loan Credit requirements and considerations When it comes to hard money loans, credit isn’t the sole determining factor…
When considering investing in real estate, determining the potential return on investment (ROI) is a must. ROI helps you assess whether your investment will be profitable in the long run. And at Black Brook Capital, we’re here to help finance your real estate endeavors. Understanding ROI in Real Estate To make informed decisions about investment…
In the dynamic world of real estate investing, fix and flip properties have garnered significant attention for their potential to generate quick profits. If you’re considering venturing this market, one critical question arises: How much should you pay for a fix and flip property? One tried-and-true method is the 70 percent rule. Fix and flip:…
Rehabbing properties can be profitable, especially in partnership with local hard money lenders like Black Brook Capital. But there are renovation projects to avoid. This article will help you steer clear of certain renovations that can cost more than they’re worth—especially for new investors. Understanding the potential risks and pitfalls will help you make informed…
Residential real estate investing offers a wide range of opportunities for those looking to enter the market. From single-family homes to condominiums, exploring different residential property types can lead to profitable investments. Financing for your real estate investments doesn’t have to be an obstacle to success. As your Milwaukee hard money lender, Black Brook Capital…
Investors often consider real estate a safe, relatively low-risk option because property values tend to rise over time. However, real estate investing for beginners can be an eye-opener. Depending on the type of property you purchase and your investment strategy, it may involve a lot of work. Following are important steps you need to take…
House flipping was more popular in 2022 than ever. In such a competitive market, house flipping mistakes can be especially costly. Last year, homes flipped by investors represented 8.4 percent of all U.S. home sales. That report—by property and real estate data provider ATTOM—also revealed gross profit margins on those flips were the lowest since…
For hard money lenders, the real estate scope of work (SOW) is the most important element of a loan application. It’s the blueprint that will ensure builders and contractors stay on schedule and under budget. But just as important, an effective SOW shows hard money lenders that you are a worthy investment. This is your…
Do you want to make money flipping houses without having to make repairs and upgrades? You can use your hard money loan to invest in a move-in ready home—also called a spec home. A spec home is a new house where nothing is broken and everything is already up to date. Home construction companies routinely…