Home > Investing / Real Estate Investor

Bay Area’s Hottest Spots for Home Flippers

July 25, 2017

1 4 A Recent Study Done By Attom Data Solutions States Some Zip Codes In The Bay Are Ranked Among The Nation’s Hottest Housing Market For Flippers. In The First Two Quarters Of 2017 Contra Costa County, Santa Clara County, And Solano County Were The Locations That Yielded The Highest Roi For Flippers.  Even Though The Bay Area Is One Of The More Expensive Places To Live In The Country, There Were Big Returns To Be Realized By Those Engaged In Flipping Houses.

A recent study done by ATTOM Data Solutions states some zip codes in the Bay are ranked among the nation’s hottest housing market for flippers. In the first two quarters of 2017 Contra Costa County, Santa Clara County, and Solano County were the locations that yielded the highest ROI for flippers.  Even though the Bay Area is one of the more expensive places to live in the country, there were big returns to be realized by those engaged in flipping houses.

Some of the more affordable cities who made the list include San Pablo, Concord, Pittsburg, Antioch, and Oakley in Contra Costa County with as much as a 62.9% ROI in one instance.

In Solano County, one of California’s hottest housing market in the past four months, a Fairfield zip code saw an ROI of 55% or $126,000.  Flippers in Campbell and some San Jose zip codes saw an ROI of 48.6% which equaled a happy return of $450,000!

With these outstanding returns, it is no wonder that flipping is alive and well in the Bay Area.  

As a Realtor or Lender, if you have been unable to help a client obtain a loan for one of these projects, give us a call at 707-523-2099.  We are in our 30th year of doing hard money loans in California, and getting loans approved for dump properties is no problem!

Visit our California North Bay Hard Money loans website: http://www.northbayhardmoneyloans.com/

Things You Might Overlook In Your Home Search

July 20, 2017

1 3 Some Of These Critical Features, Buyers Might Not Consider When House Hunting.  They May Not Be Deal Breakers For Some, But They Are Factors To Consider When Looking To Buy A Home:
You might think you have found your dream home, only to discover after you move in, that you missed some important “must-haves”.  I was reading a Realtor.com article recently and it was covering just this subject.  

Some of these critical features, buyers might not consider when house hunting.  They may not be deal breakers for some, but they are factors to consider when looking to buy a home:

  1. What is the neighborhood like at night?  Besides the safety issues, the neighborhood can change substantially at night when everyone is home from work and school.  
  2. The daily commute and traffic problems should be considered at various times of the day and evening.  You should know what it will take to get home because  you don’t want to arrive at your “dream home” after a “nightmare ride”.
  3. Read the CC&Rs carefully if you are buying into a homeowner’s association.  Many an unsuspecting homeowner has been surprised to find that they cannot park on the street in front of their house, for example.
  4. Some regulations might exist whereby you cannot rent out any part of your home for a short-term as on Airbnb, but you were counting on the extra income.
  5. The ratio of bedrooms to bathrooms is critical.  Most homeowners are comfortable with a Master Bath and at least one other bathroom.  A bathroom on every floor works best.
  6. If your property is on a septic system, has a well, or solar panels, a specialty inspection should be done to assure the integrity of these units.  These inspections are not part of the general home inspection.
  7. Don’t get “wowed” by the added amenities which can always be added after the sale and forget to focus on the things that cannot be changed or improved, like location and lot configuration.
  8. Keep in mind the resale value of your property.  Negative factors might not be important to you, but consider their impact on the rest of the buying public when you get ready to sell.
  9. Consider your future family needs for the home.  Will you need more space?  Will you need a home office?  Will you need to be near a good school and/or park?

After taking into account all of these considerations, align yourself with a local and reputable Realtor and Lender, who can make your dream come true.  

If you are looking to make a stronger offer, get a fast loan or have less than stellar credit, make that Lender Sun Pacific Mortgage!  We have been a Hard Money Lender in Santa Rosa for 29 years, and have helped hundreds of buyers who might otherwise have been kept out of the real estate market due to the stringent  requirements of traditional lenders.  Check out our Sonoma County based location website here: http://www.sonomacountyhardmoneyloans.com/

Please call us at 707-523-2099 and begin your journey toward homeownership.

Bay Area Real Estate Investors Reaping Large Profits

July 18, 2017

1 2 According To A Recent Report From Pacific Union, Real Estate Sellers In Three Local Metro Areas Enjoyed The Largest Return On Their Investments In The Country Last Year!  Sellers In The Bay Area Made More Than Three Times The National Average With San Francisco And San Jose Leading The Nation For The Largest Seller Profits.  Both Of These Areas Topped 69% In Profits Since The Date Of Purchase.  Santa Rosa Ranked 3Rd With 52% And Los Angeles Came In At A Respectable 49%.

According to a recent report from Pacific Union, real estate sellers in three local metro areas enjoyed the largest return on their investments in the country last year!  Sellers in the Bay Area made more than three times the national average with San Francisco and San Jose leading the nation for the largest seller profits.  Both of these areas topped 69% in profits since the date of purchase.  Santa Rosa ranked 3rd with 52% and Los Angeles came in at a respectable 49%.

While these figures provide a rosy picture of 2016, 2017 has continued to enjoy strong real estate appreciation well into the year.  Distressed sales of single family and condominium transactions are the lowest since 2008.  Some very reputable analysts do not predict a recession in the next 2 years, which would make this the longest stretch of economic prosperity in modern American history.

Why wait to invest in this lucrative avenue to potential wealth?  All signs point to the advantages of growing your assets in this economy through real estate investments.

We here at Sun Pacific Mortgage are ready to assist with such investment.  We regularly have Trust Deeds available, offering 1st mortgages for California properties.  We have been in business for over 29 years now, so have much experience in this area.

As an Investor you can upwards of 13% return, earnings that are not easily found elsewhere in our economy.  Let us help as you diversify your portfolio.  Here is our webpage to provide further information on how we can work together:  https://www.sunpacificmortgage.com//hard-money-investor-tutorial/

Good News For Real Estate Investing

July 7, 2017

1 As A Real Estate Investor You Are Naturally Concerned With The Appreciation Of Your Property.  Well, Here’s Some Good News:  The Bay Area Saw An Average Of 8 Percent Annual Home Price Appreciation From January Through April Of 2017.  This Information Comes From Selma Hepp, Pacific Union’s Chief Economist.  

As a real estate Investor you are naturally concerned with the appreciation of your property.  Well, here’s some good news:  the Bay Area saw an average of 8 percent annual home price appreciation from January through April of 2017.  This information comes from Selma Hepp, Pacific Union’s Chief Economist.  

Below is a summary of the 10 Bay Area ZIP codes that experienced the largest housing price gains and losses as of April.

This information presents an attractive incentive to look at real estate trust deed investments as a viable option for wealth growth.

We offer such trust deeds for California real estate investing.   Here is some further information from our website directly as to how we operate and how you can earn 10-13% return on your investment:  https://www.sunpacificmortgage.com//hard-money-investor-tutorial/

Call us at 707-523-2099 with any questions or to sign up and become an Investor with us.

Investing In Real Estate Brings Good Return

May 1, 2017

Reasons Why You Should Invest Your Money In Real Estate According To A Attom Data Solutions Recent Report, Real Estate Flips Prove To Be A Lucrative Market For Investors In 2016.  There Were 193,009 Single-Family Homes And Condos Bought And Resold Within A 12-Month Period, A New Record.  Low Inventory And Investors Looking For A Safe Haven For Their Money Seem To Be The Catalyst For The Flipping Activity And Resultant Returns.

According to a ATTOM Data Solutions recent report, real estate flips prove to be a lucrative market for investors in 2016.  There were 193,009 single-family homes and condos bought and resold within a 12-month period, a new record.  Low inventory and investors looking for a safe haven for their money seem to be the catalyst for the flipping activity and resultant returns.

There were 11 U.S. markets where flippers realized a six-figure profit, and six of them were in California.  San Jose was the most lucrative market for flippers in 2016, averaging a profit of $145,750.  San Francisco was the second-highest flipping profits with $140,000.  These averages were very close to the ones in 2015 for the Bay Area.

Properties that need substantial renovations are more difficult to qualify for a conventional loan.  This is where hard money loans come to the rescue.  Investors in these loans stand to make a quick profit when the buyer completes the work and resells usually within 12 months.

Sun Pacific Mortgage & Real Estate, a family owned and operated hard money business, has been lending to Investors and home buyers in California for more than 29 years.  We invite you to join our investor family and enjoy some healthy financial growth.

Call us at 707-523-2099 and we’ll let you know how we can help.

See ATTOM Data Solutions full article here: http://www.realtytrac.com/news/real-estate-investing/2016-year-end-u-s-home-flipping-report/

Useful Investment and Real Estate Apps & Websites

February 8, 2017

Apps The Internet Has Spawned Several Helpful Apps For Anyone Involved In The Real Estate World.  I Found Some To Be Especially Helpful, Both In Locating And In Evaluating Possible Investment Properties.  Below Are Some Of The More Notable Ones:

The internet has spawned several helpful apps for anyone involved in the real estate world.  I found some to be especially helpful, both in locating and in evaluating possible investment properties.  Below are some of the more notable ones:

  1. Bigger Pockets

This app contains searchable forums where most every question that you can think of has been answered regarding real estate investing.  It is also a great place to meet other investors in your area.

  1. Zillow; Realtor.com; Trulia; Redfin

Zillow, Realtor.com, Trulia and Redfin are great sources to see what properties are for sale or sold in a particular geographical area so that you can better determine the value of a potential investment.

  1. Hammer Point

With this app you can estimate the entire cost of your remodel or repair before  spending your first dime.  A very valuable tool which will help you with the various aspects of your project.

  1. Homesnap

This is an invaluable tool.  With this app you can take a picture of a property and it will give you the address, estimated value, local demographics and more.  Simply take a picture and drive on.   All the details are in your phone for later download.

I hope these resources will prove helpful in better time management and productivity as you pursue your investment goals for 2017.

Why Invest in Real Estate?

February 7, 2017

Yep The Fallout From The Recession Left Some Investors Less Likely To Look To The Real Estate Sector As An Option For Wealth Growth.  However, We Have Witnessed A Radical Change In The Economy And As A Result, Real Estate Has Once Again Regained Its Rightful Place As A Solid Investment In Today’s Financial World.

The fallout from the recession left some investors less likely to look to the real estate sector as an option for wealth growth.  However, we have witnessed a radical change in the economy and as a result, real estate has once again regained its rightful place as a solid investment in today’s financial world.

Unlike stocks and bonds, real estate is founded on brick and mortar.  A major advantage of real estate investments is the significant portion of return, which accrues either from rental income or appreciation over the long term.

Additionally, investing in real estate has a lower risk factor than other major asset classes.  This allows the investor to lower his/her portfolio volatility.  Financial consultants always advise diversification for their clients.

We have seen that as the economy has grown, the demand for real estate has driven the rents higher and higher, allowing for unprecedented growth in individual capital.

Of course, one of the major drawbacks of real estate investing is the lack of liquidity.  While you might be able to cash in stock overnight for immediate funds,  a real estate transaction can take months even with a competent agent.   Overall, as long as you have built flexibility into your portfolio,  you can be comfortable with some portion of it being illiquid, but producing capital appreciation.

For the past 29 years Sun Pacific Mortgage and Real Estate has provided many investors with the opportunity to invest in Notes.  We regularly have trust deeds available, for property investments throughout California.

If interested in earning 9-12% return, we look forward to working with you.   Please call 707-523-2099 for information on becoming an investor through us.

The Latest Trend for Pension Funds: Private Equity Investment

November 8, 2016

Recently it has become increasingly clear that private equity is an attractive option for pension funds. Because the ultimate question in any investment decision, big or small, is the return on money, Investors are turning to private equity funds to bolster their portfolios.

The More Time, The More Money.

After the lean years that followed the 2008-2009 financial crises, the performance of private equity funds has started to outpace the market.  Contributing to the interest in this type of investment is the volatility of other public and private markets.  Private equity is not subject to the same daily volatility of other investment options, such as the stock market, from emotional reactions and headlines.

When you consider the investment goals of the typical pension fund investor, long-term capital appreciation is at the top of the list.  You won’t find the fluctuations of the bond and equity markets in private investments, making this option a far better place to entrust your funds.  The private equity industry has matured and become more diverse in recent years making it a viable option for Investors looking to grow their finances.

My family owned and operated Hard Money Company has been in business since 1988.  If you have any interest in investing in California trust deeds, then call our office at 707-523-2099 as we regularly have these available.

 

Hate Turning a Borrower Down?

October 20, 2016

Image001-1

We get loans brokered or referred to us by mortgage professionals who had to tell the borrower “no” for whatever reason. Most that call us need quick action and approval – because they are running out of time. You actually do want to help – and have had underwriting fail you.

Sun Pacific Mortgage is uniquely qualified in that our underwriting is based on 2 things – loan to value and ability to repay. Even our “ability to repay” is far more flexible than conventional underwriting.

We loan up to 75% of the value of the property and in some instances as high as 80%. We do Jumbo Loans commonly

Call us today at (707) 523-2099.

Fractionalized Loan Investing

August 11, 2016

Fractionalized

Funding Large Loans…

I wanted to report nothing but good news here at Sun Pacific Mortgage. Last month was another record production month. We are funding an ever increasing number of loans and larger and larger loans.

To get some of the larger loans done we have had to “fractionalize” the loan. This is the formal term we use that describes having more than one investor contribute funds to get the loan done. As an example: $750,000 loan amount and 2 investors each invest $350,000. Another example: Same loan amount of $750,000, but Investor 1 funds $300,000, Investor 2 funds $200,000, Investor 3 funds $200,000 and the final Investor funds $50,000. This is a very common investment tool.

Here are some of the pros and cons of “fractionalization” from the Investors viewpoint.

Pros first: These are just a few of the reasons to do a “fractionalized” loan. 

  1. This allows you to have a share in a very good loan spreading the risk to a number of investors.
  2. It allows you to get your money out there rather than waiting for a loan that fits your available funds.
  3. You don’t have to have all your eggs in one basket. Rather than doing just 1 loan you spread your investment dollars around on a number of smaller investments.

Cons:

  1. All investors need to agree on a course of action if the loan gets into trouble. This is only real con I could come up with. I must point out that this has not been an issue in the past 5 or 6 years as we have not had a residential foreclosure in that time, that I am aware of. The decision that matters is to foreclose or not foreclose. It’s usually pretty obvious.

Fractionalization can be an amount from $100,000 to $1,000,000. Hopefully this description of “fractionalization” can expand the opportunities for you as the Investor.

Posts navigation

1 … 14 15 16 17 18 19 20 21 22