How to Get an Assumable Loan for Just 5% Down—Even with a Large Equity
Wednesday, December 11
Buying an assumable mortgage can feel impossible right now. But what if I told you there’s a way to snag a dreamy 2.5% mortgage rate and it would only require 5% down? That’s where assumable loans come in.Myth-Busting Assumable Loan Equity GapsOne of the biggest misconceptions about assumable lo...
Why Aren't Assumable Mortgages More Popular?
Friday, September 20
An Inside Look at Their Challenges and BenefitsI recently had a conversation with a potential buyer who was considering purchasing an investment property via an assumable mortgage. The topic of why assumable mortgages aren’t more popular came up, and after explaining several reasons, I realized t...
Should I House Hack or Rent?
Thursday, March 21
Interest rates and high purchase prices are pushing a lot of people away from buying. Most are turning to renting, but is that the best move right now? Will House Hacking prove to be better than Renting over the span of the next 5 years? That's what this blog is all about. To effectively evaluat...
The Proposed Bill with a Massive Tax Hike on STRs
Friday, December 15
You've probably heard of the new bill threatening to raise taxes on Short Term Rentals (STRs). It does not apply to primary residences. But it's still worth knowing about as a house hacker. The bill from the Colorado State Legislature, known as Senate Bill C, addresses the property tax treatment ...
Why a Multifamily House Hack in Colorado Springs is a Great Idea Now
Tuesday, December 12
Are you intrigued by the idea of house hacking in Colorado Springs? Now is an opportune moment to dive into this strategy with multifamily properties. As house hacking enthusiasts know, purchasing a multifamily property to live in one unit while renting out the others can be a game-changer. Curr...
Why prices are not falling and why they probably won't (CoS Edition)
Monday, November 20
Here is an awesome article written by a local and well respected economist for the Colorado Springs Gazette. It's worth a read to understand why prices are not falling and why they probably won't. Don't let interest rates keep you from buying if you can afford it. If they go down prices will shoo...