Anchor Loans, the nation's number one hard-money lender to the fix-and-flip industry, has exceeded $5 billion in loan originations since the company's inception in 1998. Anchor is the nation's first private lender to fix-and-flip investors to reach this milestone. According to Stephen Pollack, "This is the second consecutive year that we have originated over $1 billion in loans in a single year. Surpassing $5 billion total, and $1 billion in a single year, are firsts for our
The total debt of the US Housing Market has continued to remained stable while the amount of equity has continued to grow. According to an Urban Institute report the total value of the US housing market is $25.1 Trillion with $14.7 Trillion of equity. This equity may be tapped for home improvement as the age of the US housing stock continues to increase (37 years in 2015 versus 31 in 2005). Disclaimer - This material has been distributed for informational purposes only and sh
Fix & Flip originations are up almost 30% in the last year. We expect to see growth to continue as the average gross flipping profit and ROI remain high. In 2016, the average gross flipping profit was $62K and ROI was 49.2%. Disclaimer - This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.