With many economists predicting the Federal Reserve to continue to rise rates to combat inflation, that spells unwelcome news for many would-be first-time homebuyers looking to purchase a property. The Fed has already raised rates three times this year and most expect that we’ll see two more rate hikes before 2022 comes to a close.… Continue Reading
If you think you need hundreds of thousands of dollars to start investing in Real Estate, read on and find out how you can start investing with little or no money, the legitimate way. This is not a midnight infomercial style approach with dubious-looking characters in funny suits aboard luxury yachts! This is 100% above… Continue Reading
If you are buying an investment property, you probably already know that you’ll have to put down a larger down payment, use a smaller seller’s concession, and have more available in reserves, but are you aware of these three important differences when it comes to your loan’s interest rate, points, and available programs? Difference #1:… Continue Reading
If you are buying or refinancing an investment property, the first thing you need to know is “how much can I borrow”? To answer this question, we need to look at the maximum loan-to-value guidelines (“LTV”) for conventional loans that are sold to Fannie Mae or Freddie Mac. This article lays out the five differences between… Continue Reading
Are you thinking about buying an investment property? Do you already own an investment property and you’re considering refinancing, either to reduce your rate or to take out some cash? Perhaps you already own your own home where you live, and you’ve gone through the underwriting process a few times so you’re familiar with what… Continue Reading