Long-term vs Short-term Rental Loans
Friday, July 19
Buy and Hold Strategy Buy and Hold is a common feature in the property market that people invest with the intention of holding a home for a long period of time. Here, the investors expect to get a monthly rental income as well as future appreciation of the property. Those looking to buy and hold ...
No-Ratio/No Doc Loans
Monday, June 17
No-Ratio/No Doc LoansThis is a term which is used to denote a specific type of mortgage, one which does not use the standard qualification in determining the individual’s eligibility. In particular, the borrower’s income is not used in determining whether or not one qualifies for the mortgage. Th...
How To Improve Your Credit Score
Tuesday, May 28
How to improve your credit scoreCredit score is an important parameter when it comes to loan approval. For a lender to make a decision on whether or not to approve a loan, credit score is needed to ascertain the level of risk. Low credit score indicates a risky borrower and most financial lending...
Considering a construction loan?
Tuesday, April 30
Construction LoansYou may opt to build your own home rather than buying an existing property. To achieve your dream of owning a home through construction, you will need to gather enough finances for this purpose. One way through which you can finance the construction process is through your own s...
Buy fix flip at 90% of the purchase and rehab and DEFERRED PAYMENTS!
Tuesday, March 05
Yes that's correct. We now to buy fix and flip loans with up to 90% of the purchase and 90% of the rehab, with no monthly payments or loan origination fees until the end of the loan. YOUR MONTHLY PAYMENT AND LOAN ORIGINATION FEES ARE DEFERRED UNTIL THE END! NO RESERVE REQUIREMENTS!Crazy right?! W...
What is hard money? Why and when should it be used?
Tuesday, February 26
1. Hard moneySometimes you need a mortgage, but the traditional lenders are either not willing to advance or slow at approving. One of the options available to meet this need is hard money. This is a way to borrow money without going through the traditional mortgage lenders. The money will come f...