Flippers Finding Hard Money's Soft Landing

Until recently, flippers who don't have an unlimited source of income have had to get a hard-money loan to acquire properties and rehab them for the flip - and until that property was sold, flippers had to pay HIGH interest on that hard-money loan. Ouch!

Now, as a flipper, you can obtain your hard-money loan to acquire that uninhabitable property, make the improvements to make it habitable, and IMMEDIATELY refinance it into a qualified mortgage with today's regular rates - no seasoning required. I'll pause a moment here for you to go back and read those last few sentences to assure you're reading them correctly.

This isn't a guarantee that you'll qualify or any of that jazz, of course - you still have to go through the application and underwriting process - and I'm not going to quote you any rates, but you can be sure they'll be WAY BETTER than hard-money loans if you qualify. Also, you might find that with the ability to refinance to a much lower rate, hanging on to that property as an investment could give you an even better return on your investment.