Why you may be confusing the two and missing out on your best options Fix-and-flip and hard money loans are among the most popular financing programs for investors in single and multifamily homes. Although they are two different products, many people both inside and outside the mortgage and real estate industries believe they are the same. This the furthest thing from the truth. Mortgage originators who work with these types
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Here’s what property managers must know to reduce the hidden risks in renters insurance platforms. Many property managers use fully automated renters insurance platforms. These solutions are efficient and effective. They deliver bottomline benefits to both property managers and residents. Most important, they help ensure 100% coverage of all leaseholders, 100% of the time. When implemented properly, a fully automated program eliminates time-consuming manual tasks for property managers and gives
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The BRRRR approach isn’t sexy or quick, but it does provide a clear path for building wealth consistently and with lower risk. The BRRRR—Buy, Rehab, Rent, Refinance, Repeat—strategy is all the rage today in real estate investment. Essentially, the BRRRR strategy is just buy and hold, but it approaches real estate as a flipper would. The big difference is, of course, that instead of selling to convert the built-in equity
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The days of a one-size-fits-all solution are in the past. Over the years, many things have changed in the real estate industry. That rings true for valuations as well. With the advent of the appraisal management company (AMC) and changes in regulatory compliance, your valuation options may seem limited. However, there are many alternative valuation products available. Many offer lower costs, faster turnaround times and robust data sets to support
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CoreLogic, a global property information, analytics and data-enabled services provider, has been approved to provide verification of employment and income for Fannie Mae’s Desktop Underwriter (DU) Validation Service, a component of Day 1 Certainty. Through this integration, mortgage lenders can receive both automated and manual borrower employment and income verifications from CoreLogic as part of the DU validation service. This provides lenders with automated access and rapid representations and warranties
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RealPage has delivered the industry’s first eCommerce platform for residents via its ActiveBuilding resident portal solution. It was designed to enhance the resident experience and drive incremental yield from amenities, spaces, services and events. A redesigned, custom-branded mobile app allows residents to make purchases and manage apartment-related needs. Residents can reserve and pay for amenities, spaces and events directly, including parking, guest suites, self-storage, clubhouses, conference rooms, yoga classes, cleaners,
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