Walnut Street Finance Blog

Helping You Succeed in Your Real Estate Investments

What is a Hard Money Loan? Back to Basics.

What is a Hard Money Loan?

Simply, hard money loans allow you to borrow money using a real estate private lender instead of a bank. The definition of a hard money loan is that the real estate property serves as the “hard” asset to back the loan.

Your Handy Fix and Flip Checklist Before Getting a Hard Money Loan

Let’s say you’ve been driving around the neighborhood and you see a couple of diamonds in the rough with for sale signs out front. Your inner DIYer’s interest is piqued and you think “wow, that house could be gorgeous if only I could get my hands...

Proof of Funds Letter for Real Estate Investment

What's a proof of funds letter and why do real estate investors need one? Let's find out...

What Are The Requirements For A Construction Loan

If you're looking to build or rehab real estate property and intend to refinance it to generate rental income or sell it for a profit, a construction loan might be the best option. Since most people can't afford to pay for the cost of a new...

Flipping Houses With No Money

Flipping houses can be a great way to make some extra cash, especially if you’re handy and can do a majority of the work yourself. You might think you need a substantial amount of money in the bank in order to purchase houses to flip, but that’s...

Construction Loans 101: What You Need to Know

Very few people have the cash on hand that is required to fund the construction of a new home. This is why builders, buyers and investors turn to construction loans to finance new builds they couldn’t otherwise afford. But what exactly is a...

One-Time Loans vs. Multiple Construction Loans: Which is Right for Your Project?

So you’ve found the ideal property, and you’re ready to get moving on construction. But there’s the issue of financing. Unless you’re sitting on a sizable chunk of investment capital, you’re going to need some help. But here’s the challenge:...

Beyond Stocks: Diversifying Your Portfolio with Real Estate

Creating a diversified stock portfolio will produce higher returns, because holding similar stocks tends to lead to similar returns for better or worse; whereas coupling alternative investments on top of your stock holdings can theoretically...

The Pros and Cons of Hard Money Financing in Richmond, Virginia

If you’ve decided on a real estate investment in Richmond, Virginia and are looking for financing options, a hard money loan from Walnut Street Finance may be the right option for you.

What is a Draw Request and How Does It Work?

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.