Real estate investing can feel like an exciting adventure. When you take your time and find the right rental home, the investment might help you improve your monthly cash flow and generate extra income.  Yet qualifying for investment property mortgages may be more challenging than expected, especially if you’re a new investor. Many first-time real estate investors are surprised to learn that a 20% down payment on a rental property loan is considered normal.  A 20% down payment can be Read More

Not everyone has the luxury of getting approved for a loan. Whether it’s a low credit score, a spotty payment history, or lack of evidence to prove your creditworthiness, you may not have what it takes. But that doesn’t mean you don’t have options. You may want to consider getting a hard money loan. Here are some of Nav’s top picks for hard money or fix-and-flip lenders.  Do Hard Money When you’re looking for 100% hard money financing, Do Hard Read More

A hard money loan is a unique type of mortgage loan typically used in real estate investing. A traditional lender like a bank does not offer hard money mortgages. Instead, private money lenders and individuals serve as hard money lenders, offering these loans to real estate investors. As with any method of financing, there are pros and cons to hard money loans. They are definitely better suited for certain investment scenarios over others. In order to determine if a hard Read More

If you’re looking for a real estate loan for your business, there are several different options available. As you shop around, take the time to consider how SBA real estate loans can help you achieve your goal. There are two different SBA real estate loans that you can apply for: SBA CDC/504 Loans and SBA 7a Loans. Here’s what you need to know about each option and how to determine if an SBA real estate loan is right for you. Read More

When it comes to financing business growth, entrepreneurs have a growing number of options to consider, and determining which lender is right for you can be a bit of a headache. Two lending options that consistently make the top of the “best business loans” list are bank loans and SBA loans. They are generally the lowest cost options available, and offer the most flexible repayment terms, but are also the hardest to qualify for. SBA Loans vs. Bank Loans: What’s Read More

If you’re looking for a new income stream, investment properties can be a smart strategy. The rental market is booming. According to Abodo, the national median rent for a one-bedroom apartment is $1,025.  If you want to become a landlord, you’ll likely need to take out an investment property loan to buy your first investment property. Here’s everything you need to know about your financing options.  4 types of investment property loans Preparing your business and business credit for a Read More

An income statement, also called a profit and loss statement (or P&L), is a helpful tool you can use to track the financial performance of your business. It allows you to determine, at a glance, whether your business is making or losing money. “An income statement shows your bottom line and whether your business is profitable over a period of time” explains Jo-Ann Yuen, a Chartered Accountant with 20+ years experience with multinational corporations and start-ups and the VP of Read More

For real estate investors who make money by flipping homes, ARV is a critical metric for determining whether a property can be profitable. Short for after repair value, ARV tells you how much the home is worth after you’ve made the necessary repairs and renovations.  If you’re a fix-and-flip investor, it’s crucial not only to know how to calculate ARV but also to understand how to use the figure to maximize your profitability. What is ARV in real estate? Fix-and-flip Read More