The Patch of Land Blog
Learn about all the latest happenings.
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Orchard Platform recently came out with an extremely useful infographic designed to help consumers better understand how companies involved in the online market lending space function with one anot... [Read More]
Tags: Building Wealth
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Why Can't the Ex Head of the Fed Refinance His Own Home?
Ben Bernanke, the former Chairman of the Federal Reserve, said some interesting things during his speech at a conference hosted by the National Investment Center for Senior Housing and Care held in... [Read More]Tags: Building Wealth
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The Modern Day Fred Flintstone of Real Estate Investing
How much would you pay for a house? How about a cave? Sounds absurd, but in this tough economy Alexis Lamoureux found a great investment property and paid only 1 euro for an abandoned cave dwelling... [Read More]Tags: Building Wealth
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5 Keys to Building Wealth
Building wealth is one of the most important ideologies in society. Unfortunately, many people fall victim to living beyond their means and overspending. While budgeting properly in order to save... [Read More]Tags: Building Wealth
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Can We Balance the Distribution of Wealth in America?
The most common way of building wealth in the United States comes from the appreciation of real estate. In fact, 25% of American's wealth is tied to their property value, and that number is closer ... [Read More]Tags: Building Wealth
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Markets with Best Home Flipping Returns
This past August, RealtyTrac released its Q2-2014 U.S. Home Flipping Report, which analyzed sales deed & automated valuation data. The report considered a single family home flip as any transac... [Read More]Tags: Building Wealth
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Real Estate Crowdfunding: What to Consider
Real Estate crowdfunding is a type of investment strategy that is just beginning to bloom. One of the main attractions of this new phenomenon is the ability for it to provide more accessible opport... [Read More]Tags: Building Wealth
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Mortgage closing costs rise over 20%
Despite the average rate for a 30-year loan dropping to 4.1%, homebuyers are feeling the pain of increased closing costs. According to Bankrate.com, the average nationwide closing cost on a $200k l... [Read More]Tags: Building Wealth
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5 Surprising Characteristics of Successful Investors
In a world where most college students have no clue about retirement funding, but own at least 3 credit cards, and the average American household debt is just shy of $250,000, I’m always a little l... [Read More]Tags: Building Wealth
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How to Make Sense of Rehab Lending
Lending on residential rehab projects can be a relatively safe investment option- during both escalating and declining markets. At Patch of Land, we focus on rehab lending by providing low LTV on l... [Read More]