In a previous post, we wrote about the challenges of owning a short-term rental property. If you skim this post by itself, you might assume we are advocating against this form of investment. (A thorough reading will show you...
Buying a short-term rental is becoming a popular option among property investors. In many cases, you can earn more annual profit with a short-term rental than a long-term rental, even if that short-term property is only rented for a...
Earlier this month (October of 2019), new rules for financing condos through the FHA went into effect. These rules have made it easier to finance an affordable, convenient condo units, and it’s creating new opportunities for a variety of...
Tax season can be a scary time for many people. While we all know we have a tax obligation, life sometimes gets in the way, creating unfortunate situations when many people are unable to pay their federal taxes. If...
The Federal Housing Administration is one of the most important government institutions for the real estate and mortgage industry. This organization is involved in many different facets, but their most important and well-known task is supporting “FHA loans.” While most...
We all want to build a portfolio of properties that earns money and allows you to live with less stress and less worry. With the right strategy, you can build an investment portfolio that earns money from the very...
Refinancing can be a useful tool to secure a loan that fits your needs. But it’s not for all homeowners at all times. There are specific situations when a refinance is appropriate; likewise, there are times when it may...
When you are thinking about purchasing a home, what’s the first thing you consider? For many; it’s the downpayment. This chunk of money creates a lot of worry, delay, and confusion among would-be homeowners. Knowing how much you will...
FHA loans can be extremely useful for homebuyers. With generous terms and relatively-simple qualification standards, this type of loan is used by thousands of people every year, equalling over $245 billion in volume on an annual basis. In most...
Most homebuyers will simply need a basic, straightforward, typical loan. Conventional loans and FHA loans, for example, perfectly fit most borrowers, allowing them to purchase the home they need at a price they can afford. But some borrowers are...