Building a new home is a goal for many individuals, and in situations where it’s difficult to find an appropriate home on the market, building a new construction might be the best option. Many individuals hoping to build their own homes aren’t aware of all the new construction financing available to explore. Let’s take a […]
To understand the basics of home equity lines of credit, we must first ask, “what is a line of credit?” Lines of credit are what we typically think of when borrowing money comes to mind, as it simply refers to the amount of credit that’s being borrowed. For example, a credit card with a $5,000 […]
After the pandemic forced the US workforce to test out remote working capabilities throughout 2020 and early 2021, last year started the return to business as usual. By the end of 2021, approximately 40% of workers had returned to the office. However, a total return to in-office work hasn’t yet occurred, prompting many business professionals […]
Nowadays, it is uncommon for homeowners to stay in their house until they’ve paid off the mortgage. This situation leaves many sellers wondering what happens if they sell their home while they still owe money. A Traditional Sale In most cases, you should be able to sell your home for a larger amount than what […]
Hard money lending has become more common in recent years, and as such, there are more lending options available for borrowers to explore. On the one hand, having more companies to compare when seeking quick financing is generally positive. However, having more borrowing options also means you’ll need to consider your choice more carefully. Follow […]
If you are an investor looking to build or diversify a real estate portfolio, you’re likely seeking out many ventures. However, when the topic of mobile/manufactured home investing comes up, it often causes investors to back away. Let’s explore the basics of mobile home investing and determine whether it’s worth the effort to add this […]
Aspiring homeowners often seek government-supported loans for the purchase of a residential property. Government-backed mortgages (FHA loans) are often a viable option for first-time homebuyers since they require lower down payments and credit scores than many conventional loans. However, securing a traditional FHA loan is often easier said than done. For example, some neighborhoods are […]
Managing short-term rentals can be complicated for several reasons, but tax requirements are often the most concerning. This is especially true when new tax proposals arise. You might be wondering about the nightly rental tax proposal aimed at short-term Colorado rental properties, and you’re not alone. Let’s review the basics of the proposal and the […]
As the year progresses, many investors are on the lookout for the fastest-growing real estate markets. The world is slowly recovering from the damaging effects of the pandemic, and many Americans are looking to relocate, start new jobs, and change their housing situations. For investors who want to add high-performing properties to their portfolios, examining […]
Anyone who has ever applied for a loan can attest to the headaches often involved when dealing with traditional banks. The timeline, the red tape, and all the demands that need to be met mean that traditional lenders and lending practices are not always the best choice. Whether you’re considering private money lending or private […]