Common Real Estate Industry Investment Terms Alternative Finance Alternative financing refers to a particular type of financial service, (that is lending to people with relatively poor credit) by non-bank financial institutions. Alternative financing allows smaller businesses and people with low credit to finance projects as traditional banks will most likely not approve their loans. Peer […]
Generational wealth is a term used to describe the transfer of wealth from one generation to the next. Real estate is one of the most reliable and proven ways to build and maintain generational wealth. Real estate has consistently proven to be one of the best investments over time, with the potential to generate significant […]
What does Inflation Mean for a Homeowner? For a homeowner, understanding inflation can help you make the best decisions on when to buy or sell a home. Inflation is measured by different economic indicators such as the Consumer Price Index (CPI). Generally speaking, inflation refers to an increase in the prices of goods and […]
1031 Exchange- what is it and what is its purpose? If you own investment property and are thinking about selling it and buying another property, you should know about the 1031 tax-deferred exchange. This is a procedure that allows the owner of investment property to sell it and buy like-kind property while deferring capital […]
Yes you can, but the veteran/borrower must occupy one unit as his/her residence. The borrower will also need 6 months of the mortgage payments (PITI) set aside in an account as reserves, and documentation of the borrower’s prior experience managing rental units and/or use of a property management company to oversee the property. The reserves […]
Get pre-approved for a mortgage
with as little as 3.5% Down
Refinance your existing mortgage to
save money and tap into equity.