Everyone wants to be a real estate mogul, all over the world some of the most successful and wealthy people have become so via real estate investing. But where do you start? What steps can you take to make it all a reality? Take a look at the steps below before embarking on your journey […]
Financing Rental Properties
Everyone wants to be a real estate investor! Today, YouTube channels, podcasts and old school television and radio shows are littered with real estate investment advice and plans on how to turn your life savings into a real estate empire. What is often left out of many of these productions is “The Financing”. How is […]
Investment Property Loans
Recently, investment mortgage rates for single family properties have reached a ten year low. Many rental property owners are scrambling to take advantage of new investment property financing guidelines that no longer require tax returns or any proof of income. Just over one year ago investment mortgage rates hovered anywhere from 8-10% depending on the […]
Joe & His Apartments
Is this you? Joe and Teresa own a small apartment complex in Los Angeles, California. Two years ago, Teresa fell ill, and Joe needed to do a cash-out refinance with a hard money lender in order to get some cash to help with Teresa’s illness. His interest rate on the loan was 13%, and it […]
“Stated Loans For Investment Property”
For the past few years, no Income verification mortgage loans have been the go-to loan programs for real estate investors looking to acquire investment properties. We are going to go over some of the reasons why so that when you are ready to add to your real estate portfolio, you can decide if a stated […]
TOP 5 REASONS YOU NEED A STATED INCOME LOAN
1. You own an investment property such as a rental home or apartment complex that is in need of repair or renovation. The recent addition of numerous stated income loan programs have given investment property owners a way to refinance without proving income on tax returns or verifying through a 4506T. These loans allow landlords […]