Refinancing a hard money loan will be a way for you to get into conventional, government backed and longer term loans. You will need to be able to qualify with the lender you choose to work with. Refinancing hard money loans can be a great way to save money and
Risk Tolerance in real estate is an important factor to consider when you are looking to start from scratch or further your real estate investments. Hello, fellow real estate investors! Today, we will be discussing an essential topic for any successful career in real estate: risk tolerance. As you plan
A Home Equity Line of Credit (HELOC) offers advantages such as flexibility and sometimes lower interest rates but also has potential risks which should be considered such as variable rates and it will put a second lean on your home that if unpaid can cause you to lose the asset.
Screening tenants can be a huge lift for someone who is just starting out with their rentals. Time and the right tools can be extremely helpful. We highly recommend using property management software if you plan to manage your own rental properties. TurboTenant is an excellent all-in-one platform, offering everything
DSCR, Debt Service Coverage Ratio loans can be an incredibly useful tool for an investor who wants to qualify using the property’s potential vs their own credit. Now of course that doest come without some requirements applied by the banks but as long as the asset meets the DSCR requirements
Hard money loans can be a great option for real estate investors looking to get into the real estate game and use other’s money to do it! When investing in one or many properties as a borrower, hard money is an option that many will consider trying to get their
Find seller financing deals quickly. Investing in real estate can be a big leap for some with low cash on hand, but seller financing can save you money. Ultimately, you want your money to work for you. A motivated home seller will consider this type of creative financing terms for
Using real estate to maximize cash flow is a calculated, well thought out process that can be made easy by following evaluation steps! Rental properties can generate both positive and negative cash flow depending on a variety of factors. To calculate the cash flow from a rental property, you must
There is a lot of discussion in the real estate investing world about the teachings of Dave Ramsey and Robert Kiyosaki– and who is correct in achieving financial freedom. Research is one of the first things you do when you start your journey to financial freedom. Google, youtube, pick up
You heard it here folks, term insurance is not cheaper than a policy I create with whole life insurance. I repeat, “than a policy I create with whole life insurance.” I can’t speak for the myriads of other agents who draft a poor product- and for our purposes most of
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