Entries by Patrick Hanna

1031 Exchange Rules in California – What You Need to Know

California’s 1031 exchange rules are anything but straightforward, and they keep changing. To make smart real estate transactions, understanding them is crucial. Here’s a comprehensive overview of the 1031 exchange rules along with practical tips to help you navigate the process. What is a 1031 Exchange? A 1031 exchange, also called a like-kind exchange, allows […]

What Is an SBA Loan? Everything You Need to Know

An SBA loan is a government-backed small business loan that helps cover costs for businesses looking to start, expand, or sustain operations. The loan is issued by a private lender and backed by the federal government, particularly the Small Business Administration (SBA), a government agency supporting entrepreneurs and small businesses. The government guarantee reduces lender […]

How to Choose a Mortgage Broker in California

Do you want better loan options? Do you want to avoid overpaying on your mortgage? Without guidance, navigating the complex mortgage process can result in expensive mistakes, jeopardizing your financial situation. Steer clear of such problems by choosing the best mortgage broker California. A reliable broker does more than just connect you with lenders; they […]

Is a Hard Money Loan Right for Your Business?

Are you familiar with hard money loans? Is a hard money loan right for your business? We will find the answers to these questions together in today’s blog. It is best to start from the fundamentals. What is a business hard money loan? It is a type of mortgage that is backed by property, such […]

How to Transfer the Title of an Inherited Property Without a Trust

When a loved one passes away without establishing a trust, transferring ownership of their property becomes a matter of following legal procedures—typically through probate or a simplified affidavit process. In this article, we’ll explain the key steps, documents, and considerations involved in transferring the title of an inherited property when no trust is in place. […]

Hard Money Loans: What Are They and How Do They Work?

Are you a business owner or real estate investor seeking easy, flexible financing? You may opt for a hard money loan. Hard money loans are popular in real estate investing, especially for property flippers or individuals handling short-term projects. Consider them an alternative to traditional loans that do not focus on your creditworthiness or financial […]

Refinancing an Inherited Property: What You Need to Know

Did you inherit a house? The feeling can be amazing, but the financial decisions and responsibilities that come with it can quickly feel overwhelming, especially because the property was passed down to you by a loved one. Why not consider refinancing it? It could lower your monthly mortgage payments, or you could make necessary repairs […]

Can You Sell a House with a Mortgage?

Selling a house can be a daunting task, especially if you still have an outstanding mortgage. Many homeowners find themselves in this situation, wondering if they can sell their property without fully paying off their mortgage. The good news is that you can indeed sell a house with a mortgage. This blog will explore the […]