How Veterans can Leverage their benefits to Create Wealth through RE
Monday, February 17
The VA has no title seasoning requirements in order to cash out using market value. This is a huge difference from conventional 1-4 lending because there are many restrictions for title seasoning (how long you have to wait after you acquire title to property). So how this could...
Advantages of Real Estate
Monday, February 17
When you purchase real estate with traditional financing at 20% down you're able to access the other 80% of other peoples money. In this example, the money is acquired from the bank. The ratio of total money to yours becomes 5 to 1 (100% sales price to 20% down payment or 5 to 1 ratio). ...
Quoted APR Vs. Actual APR
Monday, February 10
The annual percentage rate or APR is a very common acronym used to gauge pricing for a mortgage however its one of the most flawed methods because of the fallacy's involved when trying to use a standardized method to gauge an "unstandard," financial vehicle such as real estate: ...
How to Buy Primary Homes and Eventually Retire with Little Down
Monday, January 13
Primary residences usually are the easiest to obtain with the least down payment requirements. Some think they can purchase their way to wealth through primary residences, but in realty for most buying a home can be a huge cash flow hemorrhage unless if there multiple units to rent, fut...
How Rental Income is Considered when Qualifying for Financing
Sunday, January 05
The issue of how the DTI (debt to income) will be considered depends on if you are applying for a new loan during the year in which you purchase in which case you have not yet filed a tax return to claim the rental property will be 75% of gross rents evidenced by lease agreement and copy of...