Buy Another Property, Pay Down Debt, or Become the Lender?
Thursday, September 24
https://pacificdirectmortgage.com/?utm_source=BigPock&utm_me...There comes a point for many real estate investors when the question changes. Early on, the goal may simply be to acquire the next property. Find the opportunity, make the down payment, get it rented and start looking for the next...
When Insurance Kills the Deal Before the Loan Even Gets There
Tuesday, September 22
Everyone talks about rates. Almost nobody's talking about insurance, though it's quietly becoming the bigger problem. A new nationwide survey of fix-and-flip buyers and rental property owners found that 71% now factor insurance cost or availability into whether they'll buy a property at all. Hal...
California Has a Housing Plan. But Permits Tell a Different Story
Thursday, September 17
California has spent years talking about its housing shortage. Cities have been given housing targets. Land has been rezoned. New laws have been passed. Local governments have created housing plans designed to accommodate millions of additional homes. On paper, California has been busy. The actu...
What Does a Swallow Have to Do With Mortgages and Private Money?
Tuesday, September 15
This question is one hear every so often: Why the bird? And what does a swallow have to do with mortgages, real estate, or Private Money lending? For us, there's a little more meaning behind it than simply choosing a recognizable logo. There's a reason the swallow has become part of Pacific Dire...
Hard Money vs. Private Money: Are They Really Different?
Thursday, September 10
Every once in a while we come across an article that makes us stop and think, "Wait, is that really how people are defining hard money now?" This happened recently when we read two articles explaining the difference between Hard Money and Private Money. Both made essentially the same distinction...
The Homebuying Gap Looks Different in Every State.
Tuesday, September 08
We recently came across a map comparing what households earn on average, with what it takes to comfortably buy a median-priced home in every state. Have to admit it was hard not to stop and look a little closer! The numbers vary dramatically depending on where you live, but the bigger story ...