If you’re looking to finance a fixer-upper, there are several loan options to consider. For instance, you could take out a traditional mortgage for the home and fund the renovations yourself, use a hard money loan, or explore an FHA 203(k) loan. Many fixer-upper homebuyers choose the Federal Housing Administration’s 203(k) loan to combine the […]
Tag Archives: tips for buying property
If you’re an investor or aspiring homebuyer, you know that mortgage rates have been quite unfavorable over the past few years. Luckily, after peaking at nearly 8% in October 2023, we’ve started to see rates slowly cool down. However, that doesn’t necessarily mean they’ll continue to drop. In the video below, we’ll go over the […]
Real estate auctions can be an excellent way for investors to buy fixer-uppers or foreclosed homes and turn them into investment properties. While live auctions have been around for years, online platforms are becoming increasingly popular for buying real estate. In the video below, we discuss the basics of real estate auctions, how they’ve evolved […]
June is National Homeownership Month! This month, we celebrate the value of owning a home and the benefits it presents to individuals and communities across America. Owning a home can help build wealth and set yourself up for a better future, and it’s a great way to become more invested in your community. However, we […]
There are plenty of ways to become a homeowner. However, with today’s prices and the competitive nature of the market, it’s become increasingly more challenging to own real estate. As such, buyers today need to find more affordable ways to acquire real estate. Luckily, there’s a solution that could make homeownership more attainable for some. […]
Not long ago, wealthy people were often seen buying property for investment on the outskirts of major cities. However, more than ever, urban centers are less deprecated, and neighborhoods in even the most run-down parts of major cities are being revitalized and transformed. That’s why it may just be the best idea ever for landlords […]
Some real estate investments, like single-family homes, are becoming harder and harder to obtain. As such, investors are finding new ways to invest and cash in on real estate. One up-and-coming trend for alternative real estate investments is converting motels into rental housing. After all, the consistent demand for affordable housing gives investors the opportunity […]
The dream of homeownership remains a big priority for individuals and families across the nation. However, with many areas experiencing limited supply and huge demand, preparation is critical. After all, making the jump from renter to owner is a major step with many considerations and financial implications. That said, navigating this process and planning for […]
Investment Retirement Accounts (IRAs) are long-term investments that aim at helping you save for retirement. As these accounts intend to secure your future, you are not allowed to withdraw funds until you turn 59½. To ensure that you abide by the rule, you need to pay a penalty on the amount withdrawn early and applicable […]
Whether you are looking to purchase your lifelong home or buy property to rent, the first step is to learn about the investment process. Investing in real estate requires a decent understanding of the market and the required capital. With that, purchasing rental properties can be a great way to generate passive income and set […]
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