Personal Credit Vs Business Credit
Sunday, November 01
This post mainly pertains to personal credit in order to discuss the various elements that make up the personal credit decision to get approved on a home loan for 1-4 unit financing in the US.Personal credit has various factors that affect the score from how much availability of credit you have, ...
The Nitty and Gritty about Rental Income
Sunday, November 01
Rental income, what it is, when it can be used, how its calculated, how it can benefit, and the pitfalls are all explained below.Rental income is income from a property that a borrower owns. It can be 1-4 Residential or even 5+ unit apartment buildings, or commercial, etc..Rental Income discussed...
Cash like closing with conventional financing - Twist on preapproval
Saturday, October 03
A lot of times investor transactions can take 30-60 days when using conventional financing to purchase so there is a lot of value in hard or private money that can fund in 7-10 days even despite the high costs.With a pre-underwritten file an investor can close 1-4 unit investment properties in ar...
Hitting your 10 financed properties limit with fannie Mae
Sunday, September 27
Often times we'll hear about how you can use financing from Fannie Mae up to 10 financed properties.This is typically true however proper planning can allow a borrower to obtain many more financed properties.The context we're talking about pertains to 1-4 unit residential properties so 5+ multi-f...
Residential Vs. Commercial - Value Creation
Thursday, September 04
A good agent and investor who mainly operated in residential properties (1-4 units) mentioned to me that the one thing he liked about residential real estate was that he could create value with "emotions." During the moment it sounded like some platitude about residential real estate but, then it...
A Return of your Investment or a Return on your Investment?
Sunday, August 31
Sometimes I think people that I've encountered from a day to day perspective get the two mixed up as they are so anxious to start their "investing," the priorities can are not clear. An example would be buying an unstable investment that would be here today and potentially gone tomorrow or a real...