Private lending is a great tool to maximize real estate returns. Typically you can only finance up to 80% LTV (loan to value) on a rental property with traditional lenders. By adding additional mortgage debt through the use of a second mortgage, it is possible to...
Savvy real estate investors understand that to grow an investment portfolio, one needs to leverage their own financial resources, or in effect “use other people’s money” to expand. Savvy investors understand that by using leverage, you maximize the return on your own...
Real estate investors involved in house flipping projects often secure private lending. Perhaps they lack the renovation funds needed to complete the project. Perhaps they enjoy the ease of the private funding process. Private lenders use a “common sense” approach to...
When you think of what you look for in a mortgage, was rate the first thing that came to your mind? It is the most common feature of a mortgage in which we all focus on. But is it truly the most important? Let’s explore the features of a mortgage and why they are all...
When it comes time to purchasing a home, do you choose the more expensive but brand-new home – or do you go for that fixer upper with the potential to become your dream home? In order to make this important decision, you will need to consider if renovations are a fit...
Using mortgage prepayment options can drastically reduce the total amount of money you spend on your mortgage – and shorten the time it takes to pay it down! If you follow these three steps, you can be mortgage free sooner than ever! 1. Know your prepayment privileges...
Recent Comments