Blog
5 Tips For Building The Ultimate Draw Schedule
For any value-add fix-and-flip or new build construction project, you’ll live and die by your draw schedule. Managing and monitoring cash flow is as important as the actual construction, and a well-managed and maintained (and realistic) draw schedule goes a long way...
The BRRRR Strategy for Beginners in Real Estate Investing
Though plenty of "get rich quick" real estate courses and schemes abound these days, few new real estate investment strategies beat the classics – and perhaps none is as classic as the BRRRR Method. The BRRRR Method (short for buy, rehab, rent, refinance, repeat) is a...
DSCR Loans Explained
One of real estate investing’s first hurdles to individual entrepreneurs is funding – as the saying goes, “It takes money to make money.” But, for many would-be real estate investors, finding initial financing to kickstart or extend a real estate portfolio is...
The Top 5 Cities to Invest In Texas
Texas has cemented its status as a prime destination for real estate investors, driven by soaring real estate prices fueled by rapid population growth and a thriving job market. According to recent estimates from the U.S. Census Bureau, Texas experienced the highest...
Andrew Whitmire Featured Deal
North Carolina Featured Deal Andrew Whitmire, ABL’s Territory Manager in the Carolinas, recently finalized a DSCR loan in Southport, North Carolina, with a new borrower. The borrower initially engaged with another lender for a fix and flip loan but sought additional...
Anticipated Dip: Mortgage Rates Expected to Ease Post Soft April 2024 Jobs Report
Mortgage Rates Expected to Ease Post Soft April Jobs Report May 3rd’s report brings significant implications for real estate investors suggesting a growing likelihood of interest rate cuts in 2024, following three months of economic challenges. Over the past quarter,...
Miami FL Fix and Flip Featured Deal
Fix and Flip Deal in Miami, Florida Paul Barash, Asset Based Lending’s Assistant Vice President of Lending in Florida, recently closed a refinance and construction completion loan on a halfway completed build in Miami, Florida. The borrower discovered ABL online and...
Greg’s Featured Deal in Chicago, Illinois
Multifamily Refinance and Renovation in Chicago, Illinois Greg Dietz, Asset Based Lending’s Vice President of Lending, recently closed a multifamily refinance and renovation in Chicago, Illinois for a first-time borrower and experienced real estate investor. Greg has...
Texas New Construction Featured Deal
TX New Construction Featured Deal in Northeast Houston, Texas Seth Blumenthal, one of Asset Based Lending’s leading loan officers, recently closed a ground up new construction loan for a 4-unit townhome development in Northeast Houston, Texas. This deal was brought to...
Featured Deal: Multifamily Property Purchase
Multifamily Property Purchase in St. Joseph Missouri Michael Chadwick is Asset Based Lending’s Vice President and Area of Manager for New England. He joined ABL in 2020 with 20 years of real estate and financial services experience. As a real estate investor himself,...
Featured Deal: New Bedford MA Stabilized Multifamily Bridge Loan
Stabilized Bridge Loan Featured Deal in New Bedford, Massachusetts Torin Francis, one of Asset Based Lending’s leading loan officers, recently closed a stabilized bridge loan in New Bedford, Massachusetts with a new borrower. This acquisition of a 5-unit property,...
Featured Deal: Franklin Lakes NJ New Construction Luxury Single Family
New Construction Featured Deal in Franklin Lakes, New Jerset Kevin Mohollen, one of Asset Based Lending’s Loan Officers for New Jersey, New York and Connecticut, recently funded a land purchase and single-family new construction deal in Franklin Lakes New Jersey....
Top 6 Kitchen Design Trends
The kitchen is many people’s favorite room in the house- it’s where you host guests, bond with family and friends, and of course it’s where you can find your favorite snacks. It’s no wonder that kitchens have a major impact on a home’s overall value! Statista reported...
House Flipping Profits Rise in Southern Markets Even as Flip Volume Declines
Since the first quarter of 2022 when the percentage of flipped homes sold peaked at 9.9%, the flipping market experienced a slowdown. Flipping rates dropped down to 8% in the second quarter of 2023, lower than they have dropped in the last three years. Though the...
Newly Built Homes Are Playing a Big Role in The Housing Market
In recent weeks, there has been a noticeable decline in mortgage rates. However, the housing sector faced a setback with a peak near 8% last month, negatively affecting new home sales, according to the latest findings from the Commerce Department. The stats reveal a...
Top 6 Modern Bathroom Design Trends in 2024
Bathrooms are one of the rooms that receives the most attention from homeowners, fix and flippers, and new construction investors. Even when an investor or homeowner is looking to “spruce up” the place, the bathroom is always part of the plans. This is partly due to...
Featured Deal: New Construction Loan In Nashville, Tennessee
New Construction Featured Deal in Nashville, Tennessee Greg Dietz, Asset Based Lending’s Vice President of Lending in Tennessee, recently closed a cash out and new construction loan in Nashville Tennessee. Greg worked with a new borrower and experienced real estate...
Exploring the Contrast: Real Estate Price Growth vs. Rental Prices in the United States
Over the past six years, the U.S. housing market has experienced significant fluctuations due to the uncertainties brought about by the pandemic, rising inflation, and supply constraints. In October 2018, the overnight federal funds rate stood at 2.19%, marking a...
Top 6 Cities to Invest In Tennessee
Real estate investors are often searching for the next location to invest in and scale their business. For many investors looking outside of their typical region, the search can feel like they are trying to navigate in the dark, overwhelmed by data and statistics. At...
Featured Deal: New Construction Loan In Snellville, Georgia
New Construction Featured Deal in Snellville, Georgia Sam Oster, Asset Based Lending’s Assistant Vice President of Lending specializing in the Southeast, recently closed a cash out and new construction loan in Snellville Georgia. For this deal Sam is working with...
USA Real Estate Value Reaching New Highs
The American housing market is experiencing a historic resurgence, breaking records, and surpassing expectations. Whether you're a real estate agent, investor, or simply interested in the market, staying up to date with real estate developments is crucial for making...
What to Expect on your Underwriting Call
If you’re a first-time real estate investor or new to borrowing money from a lender, you might be wondering what an underwriter is and how they play a critical role in getting your loan funded. At Asset Based Lending, our underwriters and credit committee want your...
Benefits of Buying New Construction
As the existing home inventory across the country remains tight, more buyers are looking to purchase new construction. Typically, new construction accounts for approximately 10% of homes sold, but as buyers are confronted with rising home prices, mortgage rates, and...
Featured Deal: New Construction Loan In Topsail Beach, North Carolina
Hard money loan for New Construction loan in Topsail Bach, North Carolina Asset Based Lending’s Loan Officer, Sam Oster, recently closed a new construction deal in Topsail Beach North Carolina. Sam specializes in Georgia lending but provides expertise to all the...
Featured Deal: Fix and Flip Loan In Newark, New Jersey
Hard money loan for Fix and Flip loan in Newark, New Jersey Asset Based Lending is proud to celebrate our borrowers’ successful investments and give a shout-out to our amazing loan officers who made it happen. In this blog we’re recognizing Boris’ recently closed fix...
- Types of Loans for Flipping Houses: Which One Is Right for You?
Types of Loans for Flipping Houses As a real estate… Read more: Types of Loans for Flipping Houses: Which One Is Right for You? - Understanding DSCR Loan Requirements and Process for Real Estate Investors
Getting a DSCR loan can be a great way to… Read more: Understanding DSCR Loan Requirements and Process for Real Estate Investors - Fix-and-Flip Loans for Beginners: How to Unlock Higher Flipping Returns
Home flippers buy low to sell high. The lower the… Read more: Fix-and-Flip Loans for Beginners: How to Unlock Higher Flipping Returns - Beginner’s Guide to Real Estate Investment: Key Strategies for Success
Real Estate Investment Strategies for Beginners Real estate investing is… Read more: Beginner’s Guide to Real Estate Investment: Key Strategies for Success - Real Estate Investing in Colorado: Best Cities and Strategies for Success
Real estate investing in Colorado is on the upswing. With… Read more: Real Estate Investing in Colorado: Best Cities and Strategies for Success