With $184M, Backflip to offer residential transition loans

The mobile-forward fintech company that marries real estate investment search and analysis with streamlined financing has raised a $184 million through two private credit funds, one a $30M of equity, the other is asset-backed financing of $154 million. Continue reading

The job description of a loan officer has changed

According to mortgage industry expert Matt Muscat, changes in the mortgage industry and in the financial landscape have made the job of loan officer more important and challenging than ever. Continue reading

Location! Location! Funding! Local Logic lands $13M in Series B round

The funds will go toward general operations and services expansion to help the space “better understand the impact of location,” according to a company announcement. Continue reading

Frustrated with inventory? 5 tips for getting creative

Working in a low inventory market can be frustrating for all parties involved. Broker Julie Bubsy offers advice on how to create inventory for your clients when there is seemingly nothing there. Continue reading

How to win a bidding war against a buyer who’s paying all cash

There are smart ways to overcome a cash offer for that apartment, condo or co-op your buyer really wants. NYC’s Confidence Stimpson outlines how to go about making your buyer’s offer more competitive. Continue reading

Knock’s GO mortgage offers appraisal coverage and cash-offer close certainty

Knock GO, which stands for Guaranteed Offer, is a “cash-like” conventional mortgage product that allows buyers to write an offer on a home without including a financing contingency. Continue reading

Agents in 9 new markets eligible to become Knock-Certified

Agents in nine new U.S markets are eligible to become Knock-certified as the rapidly growing mortgage proptech will begin offering its Home Swap to more cities in Arizona, Florida, Minnesota, Tennessee and Texas. Continue reading

Rental proptech Lessen secures $35M in Series A

Lessen is a web-based platform for connecting rental property owners and their management services teams with professionals to assist in an array of business-critical operations. Continue reading

How to get the most out of your real estate investment

In this new normal, rental investments are proving to be lucrative options for investors. However, there are several important factors they should consider so they make sure they don’t leave money on the table. Continue reading

How to help clients ‘hack’ their way into investing

House hacking is a great strategy to introduce to clients who are interested in purchasing an investment property but may not have enough money to own a stand-alone rental property. Here’s what to know. Continue reading