Pros and Cons of An Assumable Mortgage
Tuesday, March 04
An assumable mortgage allows a buyer to take over the seller’s existing mortgage, including the remaining loan balance, interest rate, and terms. While assumable mortgages can offer benefits, they also have drawbacks. Here's a breakdown of the pros and cons: Pros of an Assumable Mortgage: Lower I...
Understanding Beneficial Owner Filing
Wednesday, December 04
Understanding What A Beneficial Owner Filing Is and Why It Is Important A BOI filing refers to a report submitted to the U.S. government that contains information about the Beneficial Owners of a company or entity. This filing aims to make sure the government knows who owns or controls a busines...
How A Lower Interest Helps an Investor
Friday, September 20
The Feds just lowered the interest rates this week, what does that mean for investors? Lower interest rates can be highly beneficial when leveraging a rental property. Here are the top five reasons why: 1. Reduces Monthly Mortgage Payments: - Lower interest rates directly reduce the cost of b...
Leveraging The Equity in Your Investment Property
Sunday, May 19
Pulling equity out of an investment property can be a strategic move for investors looking to leverage their assets to achieve various financial goals. Here are the top five reasons why investors might consider pulling equity out of an investment property: 1. Property Improvement or Renovation: ...
Pros and Cons of Buying a Non-Warrantable Condo
Tuesday, March 05
What are the Pros and Cons of Buying a Non-Warrantable Condo I get a lot of questions about non-warrantable condos, what are they and are they a worthwhile investment? A non-warrantable condo, which typically refers to a condominium that doesn't meet the eligibility requirements set by Fannie Ma...
Understanding the BRRR Method and Its Advantages
Sunday, February 04
Understanding the BRRR Method of Real Estate Investing and Its Advantages! The BRRR method is a common real estate investment strategy used to buy fixer-uppers, perform repairs, and then use the equity to purchase another property. BRRR is short for “buy, rehab, rent, refinance, and repeat.” It ...