Patrick Rigney

We’ve all seen our fair share of some successful fix and flip investment projects. Sure, from a distance they seem flawless but it requires lots of hard work. However, the most important part to make these projects successful is financing. There are numerous fix and flip financing options available for investors. If you’re considering obtaining […]

People who want to renovate their homes or build their own homes may turn to a construction loan. Construction loans offer a way for homeowners to finance both the time and materials needed for home construction and improvement projects. These are short-term loans with comparatively a higher interest rate. This blog post will cover the

Fix, and flip loans are short-term loans, often with a higher interest rate for investors who want to buy a property and then pay for its renovation and repairs. Then they sell the property for a profit, also known as “flipping” the property—that’s where the loan gets its name, “Fix and Flip”. Flip loans are

Investing in a multifamily property can provide you with a steady cash inflow. With multifamily homes, the potential to increase your monthly passive income is way more than investing in a single-family home—as long as you do your due diligence. When you partner with the right lender, they can help you through the application process

As one of the fastest-growing types of lending in recent years, commercial lending companies have seen an increase in interest from individuals. Due to their convenience and availability, these organizations can be the perfect place for people interested in short-term and long-term borrowing for personal or business needs. But with the increased popularity has come

If you’re a commercial real estate investor, your needs may not always be met with traditional loaning options. This is where hard money loans come in. Also known as private money lendings, in these loans, the collateral, which is the property being purchased, is the biggest factor, instead of the borrower’s credit profile. An investment

Do you know what does your FICO score is? If not, it’s time to find out. Your FICO score is calculated by the three major credit bureaus (TransUnion, Equifax, and Experian) and can be a powerful tool in planning when it comes to securing big loans like mortgages. It measures how much you’ve borrowed from

After you’ve applied for a loan, you may be told that your loan application has been rejected. But what does this mean? Sure, it can be annoying when you must start the whole process all over again, but there’s often a straightforward reason for rejection. To avoid rejection in the future and receive the best

Most people buy a home using mortgage financing; this allows them to pay the sum in manageable installments with interest. Before approving a loan request, mortgage lenders gauge the borrower’s creditworthiness—this process of approval is called mortgage underwriting. Let’s learn more about the process of mortgage underwriting. Mortgage underwriting—what is it? The credit union, bank, or

Real estate investors earn money through rental income.