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IMN Single Family Rental Conference Dec 5-7, 2016. CMT listeners can use code SP20 for a 20% discount.
The fix and flip industry has become a very popular and profitable business as the housing market continues to recover. According to RealtyTrac, the average return on investment for house flippers grew from about 20 % in 2011 to 35 % to 2015. In some parts of the country, 8-10 % of all single-family home sales are fix and flips.
There are three main financing options for investors to grow their business: bank Loans, private money loans and real estate crowd funding.
Joining the podcast today is Mark Filler, CEO of Jordan Capital Finance. Jordan Capital Finance is a direct private money lender serving residential real estate investors who acquire, renovate, rent, and sell properties.
Prior to founding Jordan Capital Finance, Mark co-founded Prism Financial Corporation and was the was the sole founder of Prospect Mortgage which is currently one of the largest independent retail mortgage lenders.
