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2 October 2024 | 5 replies
A bank has its own loan products and may have some other products they broker out or sell on a correspondent line.
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2 October 2024 | 10 replies
There might be a product you can treat the line with to help slow the process down.
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7 October 2024 | 38 replies
You could buy a house with siding made of corn cobs if you'd like and they'd finance that (assuming the corn cob siding passed code).The issue is that true log cabins tend to significantly limit buyer pools because they are a bit of a niche product so lenders don't want to finance them at all due to the added risk for resale.
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3 October 2024 | 3 replies
@Tyler Kesling Fannie/Freddie do not have a "blanket loan" product.
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2 October 2024 | 3 replies
I'm not that familiar with FHA 203k, but if you can a lender that offers that product, they'll be able to talk through it and see if it's possible.
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2 October 2024 | 3 replies
Also on taxes, if you sell your equity now does that mean you are realizing some of the gain now, or is it really just a debt product by another name?
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3 October 2024 | 0 replies
This is why both presidential candidates are talking about the need to reform housing regulations on the campaign trail.Construction Innovation: A Call to ActionIt seems that innovation in the construction technology space, and thus labor productivity, is an area for significant improvement.
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1 October 2024 | 4 replies
I am interested in DSCR loans, portfolio loans, or any other product that could work for me.
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6 October 2024 | 36 replies
It may take some searching to find one but inspectors who are associated with companies that build them or pump them will try to sell you their products.
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2 October 2024 | 13 replies
Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.