Category: Borrowers
Ultimate Guide to Bridge Loans
As a real estate investor, there are many times you need access to financing quickly. If you need to buy before you sell or sell an old property without contingency, there’s a temporary financing option for you; it’s called a bridge loan. What is a Bridge Loan? A bridge loan – also known as gap…
Read MoreWhat is Transactional Funding?
Funding is one of the most challenging aspects of real estate investing. Transactional funding is an option you need to know for quick real estate transactions where you need same-day or next-day financing! Transactional funding often comes in handy with wholesaling, but there are several instances where this could be the right option for you….
Read MoreWhat is a Cash-Out Refinance Loan & How it Works in Real Estate?
Most people looking to lower monthly mortgage payments, reduce interest rates, or eliminate private mortgage insurance (PMI) often consider cash-out refinancing. However, a cash-out refinance can also be an effective method for real estate investments. With more than a 15% increase in home values and mortgage rates at historic lows, it’s an excellent time for…
Read MoreChoosing a Loan Program That is Right for You
Not all loan programs are the same or meant for the same situation. Everyone has a unique financial situation and knowing the type of loan that works best for you ensures you get the best deal. Before you lock in your mortgage loan, read about how to choose a loan program that’s right for you…
Read MoreWhy We Invest in The”Smile States”
There’s a region in the United States currently experiencing substantial growth predicted to continue. It’s called the Sunbelt States but we like to refer to them as the Smile States because of the smile shape they create. Thanks to lower taxes, a lower cost of living, and favorable warm weather, the Southern half of the…
Read MoreWhat Happens if a Borrower Defaults on Their Loan?
Defaulting on a loan happens. Nobody takes out a loan without the intention of not paying it back and banks don’t lend their money to people they don’t think can repay it. But sometimes the unexpected happens and the borrower can’t afford the loan payment. Maybe an emergency medical expense came up that was more…
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