After spending over a decade funding real estate deals in Richmond and Norfolk, I've seen the same mistakes cost investors thousands of dollars. Most of these failures stem from misunderstanding what hard money lenders actually require. The truth is, our requirements exist for YOUR protection as much as ours. I opened Friendly Rehab Funds after [...]
After evaluating over 1,200 properties in the last decade as a hard money lender in Virginia, I've seen investors lose fortunes on bad ARV calculations. I've also counseled seasoned flippers out of deals where they were $100,000 off on their valuations. The difference between success and failure in Virginia real estate, and other markets, often [...]
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