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New Meetup: Everything Real Estate Investors Need to Know About Insurance

Posted by Walnut Street Finance Team on Sep 20, 2018

One of our most popular requests to come out of our last two meetups was a discussion around insurance. From natural disasters to business disasters, we are hosting an evening of education in October with guest speaker Maggie Chenault of M A Chenault Insurance Services to help answer all of your insurance questions.

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Topics: FAQs

Ask Melissa: How Do I Determine My Renovation Budget?

Posted by Melissa Lynch on Jun 26, 2018

Figuring out how much to spend on your renovation is no minor detail. In fact, your renovation budget can make or break your real estate investment and be the difference between seeing a profit or experiencing a loss.

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Topics: Home Renovation & Design Tips, FAQs

What is Rental Property Depreciation?

Posted by Bobby Montagne on Jun 19, 2018

People often associate depreciation with the inevitable wear and tear of a rental property; however, this theory could not be further from the truth. Depreciation is the allocation of property costs – and isn’t necessarily assessing the actual value. Landlords and entrepreneurs will depreciate rental property, even if the house or building is in perfect shape.

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Topics: FAQs

What is a Draw Request and How Does It Work?

Posted by Walnut Street Finance Team on Jun 15, 2018

What is a Draw Request?

Once you close your fix and flip loan, one of the next steps is understanding what draw requests are and how our process works.

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Topics: Hard Money Lenders & Loans, FAQs

Chip's Tips: How Important is My Credit Score for a Hard Money Loan?

Posted by Chip Sher on Jun 14, 2018

Your credit score is a factor in our loan process, but how important is it? This is one of the top questions we receive from real estate investors looking for a hard money loan. In the video below I help explain how we look at approving a loan and how your credit score is factored into the overall loan approval decision.

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Topics: Hard Money Lenders & Loans, FAQs

Ask Melissa: Where Do I Start When Renovating a Fix and Flip?

Posted by Melissa Lynch on May 31, 2018

Hi there! I'm Melissa Lynch, Portfolio Manager here at Walnut Street Finance. As you may know, we're answering commonly asked questions on our blog. Chip Sher has weighed in on a few already, and today, I'm going to share a few tips with you about where to start when renovating a fix and flip.

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Topics: Fix And Flip Advice, FAQs

Chip's Tips: What is LTV? Loan-to-Value Explained

Posted by Chip Sher on May 22, 2018

Understanding what LTV, or loan-to-value, means and why it's important is key to ensuring that your next real estate investment project is a successful one. Watch the clip below for my take on LTV and what you need to know.

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Topics: Hard Money Lenders & Loans, FAQs

Chip's Tips: Why Choose Walnut Street Finance as Your Lender

Posted by Chip Sher on May 11, 2018

We're starting a new feature on our blog this week, where members of the Walnut Street Finance team answer common questions we are often asked. I'm Chip Sher, Development Officer, answering one of the most common questions we get: why choose Walnut Street Finance for my next loan? What makes us different in the private lending and real estate business? Watch below to find out.

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Topics: Hard Money Lenders & Loans, FAQs

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