Meet The Team

Carl Maggio, Principal

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Patrick Hook, Principal

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Scott Butler, Sales

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Blogging About Residential and Commercial Property Loans in Southern California

Flipping houses has become more and more popular as the years go on, and not just because of reality TV. Not only is it a great way to make a few hundred thousand extra dollars, it's also a great way to let out your inner creativity. While it is such a great thing to get involved with, it isn't always easy to get started.

Flipping houses may be more challenging than you actually think. In order to begin the process, you have to have some cash to fund the project. Not many people have thousands of dollars just laying around, so you're going to need to borrow the money from somewhere. Here are some of the best ways to get money for your home flipping project.

Read more: Flipping Houses for Beginners: Where to Get Your First Funding

If you're looking for money for your investment fast, then you should consider contacting private money lenders. A private money lender will specialize in private money loans, which can give you the fast influx of capital you need for your projects of investments. However, there are a lot of myths surrounding these loans. You might not trust a private money loan because of them. To help you make a more informed decision, here is the truth behind common private money loan myths:

Read more: 3 Common Private Money Loan Myths, Debunked

If a home sells at least twice in the same year, it's considered house flipping. House flipping strayed from the spotlight for a little while, but now it's coming back in a big way. In fact, house flipping made up 6.1% of all U.S. home sales in 2016.

Read more: House Flipping is Coming Back to California in a Big Way

Even though investing in real estate seems pretty simple, there are few risks to consider before making a purchase. you want to make sure you know exactly what you're doing so you don't end up getting yourself in a lot of trouble. Here are some risks to consider before you make any investment.

Know the Area

Read more: 3 Risks to Consider Before Investing in Real Estate

Searching for a great hard money lender can be a challenge, especially if you're not too familiar with hard money loans to begin with. But even if you aren't familiar with hard money loan rates and rules, it's important that you work with private hard money lenders who do.

Read more: Important Red Flags to Look Out for When Selecting a Hard Money Lender

A hard money loan is a short-term mortgage that can be used for investment properties. They offer many advantages like being able to be obtained quickly and having more flexible qualifications. This type of loan is generally used by both short-term and long-term investors. With that in mind, this article is going to discuss the most common types of people who invest in hard loans.

Read more: These 3 Types of Investors Often Utilize Hard Money Loans

If you're in need of a hard money loan, it's imperative to understand the facts before making any final commitments. The latest statistics from the Federal Reserve indicate that the consumer debt in the United States continues to increase, reaching nearly $3.4 trillion in May 2015, and hard money loans have proven to be incredibly useful in a variety of situations. Here are some do's and don'ts to consider when choosing your hard money lender.

Read more: Looking For A Private Money Lender? Here Are Some Do's And Don'ts To Keep In Mind

Year after year, the mortgage market is constantly changing. Thanks to technology, younger buyers, and a few other outside aspects, the market is going through some of its most drastic changes in years. One of the main contributing factors is the rise of private money lenders.

Read more: How The Rise of Private Money Lending Is Changing the Mortgage Market

Is there something you are wanting to do, but you don't have the money for it? You want to update your kitchen. Maybe you want to build an extension on your house. These things can get very expensive.

Read more: What You Need to Know About Hard Money Loans

If you have bad credit or are looking for a non-traditional way of securing real estate, hard money loans can be quite beneficial. These loans are granted by a private hard money lender and are often seen as a mortgage alternative. Hard money is a great route to take in today's rough economic situation, but it is incredibly important to understand the process before you sign on the dotted line. Here are some important facts you must know about hard money lenders and loans.

Read more: What You Didn't Know About Hard Money Loans, Explained

One of the most popular forms of financing for real estate investors, without a doubt, is the hard money loan. But what makes hard money loans so highly sought-after? There are numerous reasons why real estate investors like working with hard money lenders, but chief among them are the fact that these loans are fast, flexible, and carry more weight. Below, we'll take a closer look at just three of the reasons why investors like working with hard money lenders, in particular.

Read more: Top 3 Reasons Why Real Estate Investors Like Hard Money Loans

There are so many financial aspects of hard money loans, they can be quite difficult to understand. If you aren't exactly sure how does a hard money loan work, you've come to the right place.

How Does a Hard Money Loan Work?

Read more: How Does a Hard Money Loan Work? 4 FAQs Explain How

California private money lenders have been busy recently with a new kind of individual who flips houses. We're all much too familiar with the quintessential hipster -- the effete individual with a taste for music that you've never heard of -- but a small group of these counter-culture intellectualists has broken into a new market.

Read more: The Newest Trend in Home Flipping? Flipsters

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Contact Us

12526 High Bluff Drive, Suite #300
San Diego, CA 92130

info@maggiocapital.com
858.764.4436

California Department of Real Estate
Real Estate Broker,
Broker License #01883341,
NMLS #308757

NMLS Consumer Access
https://www.nmlsconsumeraccess.org

Maggio Capital, Inc., is a direct, private or hard money loan lender in San Diego, California. We originate, underwrite and fund non-traditional mortgages on residential and commercial properties throughout California and Texas.


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