We have all seen the commercials. In them, there is an everyday Joe who was so down and out that he didn’t know where the money for his bills was going to come from. Still, he purchased and followed in some multimillionaire’s easy x-step program and made tons of money in the real estate investing. [...]
Has anyone ever told you that investing in rental property is easy? Yep, just buy a property with no money down, wait a year and then sell it to the next person in line for a hefty profit, all while collecting monthly rent checks and not getting your hands dirty. Sounds great - ok, my [...]
For rehabbers, finding construction financing can be even more difficult than finding the right property to buy. Banks and most other lenders have many rules and regulations to follow. Most offer nothing more than conventional mortgages. Some offer home improvement loans, but one requirement is that the borrower is living in the house. Of course, [...]
The term “real estate short sale” is being bandied about more and more as of late. Read the newspapers, or turn on the TV and the odds are high that you will come across stories about declining real estate market conditions and the increasing willingness of banks and other financial institutions to consider real estate [...]
Purchasing a home that needs to be fixed up can be a great investment if you know how to find the ideal house that needs work. This takes not only research, but knowledge on which type of home is the best choice to fix up. There are usually two home options that can be fixer [...]
The preconstruction process is an innovative real estate investment opportunity in which you buy tomorrow’s property at today’s price. Preconstruction investing is a boon for the investor or buyer as well as the developer or builder. The biggest advantage of preconstruction process is that you can reserve your buy at discounted prices without investing a [...]
Mortgages first appeared in the English feudal system and have continually served as a means to obtain land ownership without paying for the total price of the land. The mortgage is essentially a contractual relationship creating an interest in land, but it is not a loan as many people often confuse it. Most mortgage agreements [...]