Financing: When you purchase an investment property you can expect to pay a higher mortgage rate that someone buying a primary residence. For a single-family home expect to pay a .5-.75% higher rate. For a multi-unit home (2-4 units) expect to pay a 1-1.5% higher rate. You can also expect...
Category: Real Estate
Real Estate Investing – Leveraging Your Equity
Using equity in your home to invest in real estate rental properties is a great way to build generational wealth
Pros and Cons of Investment Properties
Real estate is often considered a smart long-term investment. There are many pros and cons to this type of investment. Before you make the leap into owning rental properties you should have a goal in mind. Are you planning on financing your kids’ education, do you want to use the...
Preparing for your mortgage application
Save yourself some time.One thing you can do now to prepare for the day you're ready to make an offer on a home is plan for the accounts, documentation and resources you'll need when you file a mortgage loan application.Below, I’ve spelled out some actions you can take now and...
Buying Vs Renting
Buying versus Renting: You need to determine what will make you the happiest and what makes the most financial sense. I have seen it asked many times on Quora whether someone should continue renting or if they should buy a home. It is certainly a sign of the times that buying a...
Tips for Real Estate Agents
Tips for Real Estate Agents Real estate agents are required to work for and under the umbrella of a designated broker. The term "agent" refers to the strictly defined relationship between real estate agents and the buyers and sellers with whom he or she conducts business. An agent is an individual who is authorized and consents...