If you are considering a vacation property in San Diego, such as a high-rise condo or a beach house, you have a lot to consider. We certainly can’t make the decision for you, but we can help you think through your choices.…
There are many insurances that you’ll almost certainly use. Dental insurance, for example, is utilized by practically everyone with a policy. Vision insurance is also used by practically all who have a policy. Healthcare insurance may not be used annually by everyone,…
An interest-only loan is a fairly simple mortgage product. While calculating the financial differences between this option and other mortgage products can be complicated, the loan itself is fairly straightforward.
An interest-only loan is a mortgage product that has an…
In early March of 2021, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac would limit their buying of second-homes and investment-property mortgages to roughly 7% of their overall portfolio.
This means that the two organizations…
A lot has changed in the past year. People’s perception of work, family gatherings, and healthcare have all been shifted. Compared to a year ago, almost all of us look at the world a little differently.
But when it comes…
There is a myth that your investment-property downpayment must be 25%. But as we’ll show in this article, there are options for 15% down. We’ll also show how this seemingly-small difference can have a massive impact on your total downpayment.
Investment…
While they share similarities, there are clear differences between buying a second home and purchasing an investment property.
A second home is simply an additional property that you can use as needed; either for enjoyment, family purposes, or professional reasons.…
If you are an investor, you need to know about “blanket mortgages,” a potentially useful tool that can help you purchase multiple properties with only one loan.
They are not for everyone, but they could be the right tool for…
Mortgage loans for personal property are fairly common, and most people understand the purpose and basic details behind this financing.
Loans for investment property, on the other hand, are a little different. Fewer people use them, which means fewer people…
The real estate industry has faced a variety of challenges over the past year. Residential properties have been impacted in unforeseen ways, including changes to how homes are marketed and sold.
But what about commercial real estate?
Commercial property,…
Hoping to increase revenues for the federal government, Joe Biden has proposed a variety of changes to the tax codes, including tax increases for top earners and a 1031 Exchange repeal.
One of the codes that could be eliminated is the…