FIRST FUNDING BLOG

How Local, Low-Volume Investors Outperformed iBuyers in a Down Market

jfennimore

Apr 13, 20231 min read

How Local, Low-Volume Investors Outperformed iBuyers in a Down Market

Led by tech and venture capital-fueled upstarts coronated as iBuyers, home-flipping profits plummered in the second half of 2022 as the...

Is the U.S. Tipping Into a Recession? The Answer Will Determine the Direction of the Housing Market

jfennimore

Mar 30, 20231 min read

Is the U.S. Tipping Into a Recession? The Answer Will Determine the Direction of the Housing Market

Rated 5 out of 5 stars.(1)

Whether the nation is in a recession, hurtling toward one, or will narrowly avoid it altogether, whatever is going on in this uncertain,...

jfennimore

Mar 14, 20231 min read

The Demise of Silicon Valley Bank

The Rapid Collapse of the 16th Largest Bank in America Silicon Valley Bank was set up in 1983 to service the burgeoning tech ecosystem...

The Great Slowdown: The 10 U.S. Cities Where Home Sales Are Down the Most

jfennimore

Mar 2, 20231 min read

The Great Slowdown: The 10 U.S. Cities Where Home Sales Are Down the Most

The list of metropolitan areas where existing-home resale transactions have declined the most was derived from CoreLogic sales data,...

The Strange Game of Chicken Happening Between Homebuyers and Sellers: Who Will Blink First?

jfennimore

Feb 23, 20231 min read

The Strange Game of Chicken Happening Between Homebuyers and Sellers: Who Will Blink First?

The real estate game is at a stalemate that shows no signs of budging anytime soon, with neither buyers nor sellers willing to make the...

jfennimore

Feb 14, 20231 min read

6 Ways to Mitigate Loan Risk

There are a lot of levers you can pull to mitigate risk, including changing terms to offset the risk of a loan. Risk tolerance is less...

jfennimore

Feb 7, 20231 min read

Understanding 4 Big Construction Risks

Construction lending comes with a lot of risks, so fully understanding those risks is an essential part of every lender's job. Expecting...

Beyond Capital: Lenders Can Help Investors By Providing Expertise

jfennimore

Jan 24, 20231 min read

Beyond Capital: Lenders Can Help Investors By Providing Expertise

A real estate loan investor will likely want to make improvements to any recently purchased property to increase its potential income....

jfennimore

Jan 19, 20231 min read

Wire Fraud in Real Estate Transactions

In 2021, losses from cybercrime in the real estate/rental category reached $350,328,166 according to the latest FPI Internet Crime...

What a Market Downturn Means for Real Estate Investing in 2023

jfennimore

Jan 9, 20231 min read

What a Market Downturn Means for Real Estate Investing in 2023

As the housing market transitions quickly from frenzy to flatline, here's what real estate investors can expect and how they can adjust...

jfennimore

Dec 22, 20221 min read

DIGGING INTO NEW CONSTRUCTION FINANCING

As existing inventory continues to diminish, and profit becomes slimmer on flips, knowledgeable investors across the United States are...

FORECLOSURE CASE STUDY: UNPREPARED BORROWER ILL-EQUIPPED TO HANDLE PROJECT

jfennimore

Dec 13, 20221 min read

FORECLOSURE CASE STUDY: UNPREPARED BORROWER ILL-EQUIPPED TO HANDLE PROJECT

The borrower purchased the property from a private seller for $260,00 and planned to renovate it for $40,000 with expected time of 90-120...

How Renovated Foreclosures Stabilize Communities

jfennimore

Dec 1, 20221 min read

How Renovated Foreclosures Stabilize Communities

According to an analysis of proprietary data from Auction.com and public record data from ATTOM Data Solutions, foreclosure properties...

How to Flip a House in 6 Steps: House Flipping 101

jfennimore

Nov 17, 20222 min read

How to Flip a House in 6 Steps: House Flipping 101

House flipping entails purchasing distressed properties, renovating them, and reselling them for a profit. You will typically find these...

4 Reasons to Choose Hard Money Lenders Over Banks

jfennimore

Nov 8, 20222 min read

4 Reasons to Choose Hard Money Lenders Over Banks

Looking for hard money lenders that offer personal loans for your next real estate investment? When times are hard and cash flow is a...

jfennimore

Mar 2, 20212 min read

Top 3 Loans for Flipping Houses

Looking to flip a house but not sure where to get the financing? When you work with a hard money lender like First Funding Loans, you can...

Tips to Find the Right Loan Provider for Your Mixed Use Property

jfennimore

Feb 24, 20212 min read

Tips to Find the Right Loan Provider for Your Mixed Use Property

Mixed-use properties are composed of multiple units zoned for different purposes such as residential, commercial, industrial and...

Most Common ways to Finance A Rental Property

jfennimore

Dec 9, 20202 min read

Most Common ways to Finance A Rental Property

When you purchase your primary residence, your options for financing are more straightforward. This will be the place you live and call...

Tips to Find the Best Properties for Fix and Flip Business

jfennimore

Nov 25, 20202 min read

Tips to Find the Best Properties for Fix and Flip Business

Finding properties to support your fix and flip business can be a challenge at times. You’re not picking out a home you love, after all....

Hard Money Vs. Soft Money: Whats the Difference?

jfennimore

Sep 24, 20202 min read

Hard Money Vs. Soft Money: Whats the Difference?

The terms “hard money” and “soft money” are used to describe different types of loans. In simple terms, hard money is readily available...