EDC News & Articles


How to Prevent Yourself From Getting Taken by Unscrupulous Contractors
How to Prevent Yourself From Getting Taken by Unscrupulous Contractors   Contractors are one of the main reasons why many investors fear real estate investing in properties that need repair.  They have all heard the horror stories from others who got taken by their contractor and... (read more)

Preparing Your Property for the Refinance Appraisal
By Ryan Lawrence, EDC Loan Consultant In today’s tight real estate market investors need every advantage they can get to get top value for their property. One of the easiest ways to do this is to increase the "curb appeal" of your home. Curb appeal is quite simply cleaning up the... (read more)

Refinancing your EDC Loan - An Explanation of the Process
The refinance process begins with an initial consultation between the borrower and the loan officer. During the first conversation, it is extremely important for the borrower to discuss what they hope to accomplish with their new investment in real estate. It is then the duty of the loan officer to... (read more)

Rehabbing Investment Property 101 - The Construction Process
New investors can be overwhelmed by the size of a rehab project, especially if you have never completed one. Television shows, people you know and books you read may oversimplify this process and leave out important details. This article will explain the process in detail taking out some of the... (read more)

The 5 Rules of Hard Money
In my experience as a full-time investor, I have had plenty of dealings with hard money lenders and there are a few important questions to ask when trying to decide whether a particular hard money lender is right for you. I call these questions: “The 5 Rules of Hard Money.” They are... (read more)

Things to know about Investor Rehabilitation Financing: Hard Money 101
By Michael E. Brown First, we need to clarify what investor rehabilitation really is. What we are talking about is financing for an investment property that needs rehabilitation (a rehab, a foreclosure, a handyman special, a renovation project, a fixer-upper, a condemned home, etc.). We will... (read more)

What makes EDC different from other hard money lenders?
Availability of Funding & Quick Closings A huge advantage of using EDC is our quick loan turn around. If you are bidding on a foreclosure property, an estate sale, or any property from a motivated seller, your ability to move fast will often determine your ability to purchase a property... (read more)

 
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