Author Archive

Investment Property Rates–5 Tips to Get Started with Investing in Rental

Posted on: June 17, 2012

Categories: Buy, Other Articles

Author: Buy Fix and Profit (Guest)

If you are planning on investing in rental properties, now is the best time to do it. With the prices of homes dropping and investment property rates low, you could not ask for a better timing. With the timing really right, here are 5 tips to take advantage of this once in a lifetime opportunity:

1. Consider all your options

Always keep in mind that not all investments are the same and because of that, you have to consider all your options in relation to your strategy. Would you rather restore and re-sell properties or be a landlord? Any of these options will have its own advantages and disadvantages so you better have a good strategy that will fit them. If you are a first-time investor, it is better to start with residential housing because commercial real estate development … Read the rest

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Finding the Best Investor Loan Rates

Posted on: June 5, 2012

Categories: Buy

Author: Buy Fix and Profit (Guest)

There is a great difference between getting a mortgage loan as an investor and as an ordinary homebuyer. Besides additional required documentation and stricter qualification criteria, buyers of investment properties have to put up with investor loan rates that are often higher than the interest rates for residential mortgage. Don’t worry though; as long as you can demonstrate the earning potential of your investment property, then your lender may award you a friendlier investor loan rate.

 

Here’s a comprehensive guide in obtaining an investor loan:

1. Shop around

The first thing that you should do when looking for the best investor loan rate is to shop around. Rates can differ greatly between lenders and they have different criteria for approval. To make sure that you are getting the best deal, check multiple lenders and avoid signing up to the … Read the rest

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The Advantages and Disadvantages of Low Refinance Investment Property Rates

Posted on: June 3, 2012

Categories: Buy, Ideas

Author: Buy Fix and Profit (Guest)

If you have been a real estate investor long enough, then you already know that you will need to refinance your investment property from time to time. Even with low refinance investment property rates, there are advantages and disadvantages to this move. While there are a lot of advantages to refinancing your investment property, there are situations that can make this move the start of major financial issues for you. The best thing to do if you are a wise investor is to look beyond the present and foresee the outcome of this strategy.

With a low refinance investment property rate, you can consider refinancing as a way for you to organize existing debts. This way, you can be more efficient in handling whatever debts you may have. For example, if you have a rate that was locked at … Read the rest

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Mortgage Rates Investment Property Relationship

Posted on: May 18, 2012

Categories: Buy

Author: Buy Fix and Profit (Guest)

There is a relationship between mortgage rates and investment property. When rates are down, prices on investment property goes up and when rates are up, prices also go down. When you buy an investment property, the prevailing mortgage rate is a primary consideration because you seldom buy a house in cash. Since this will oftentimes involve a loan, knowing what affects what you are paying back every month over an extended period of time will determine whether you can afford your investment. Here they are:

1. Affordability of amortization

If the income coming from your investment property is not not enough for its monthly amortization, then you are running a bad business. This is especially true if what you have is an adjustable rate mortgage wherein the amortization can increase. If you can no longer afford it, you would … Read the rest

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Factors Affecting Mortgage Rates for Investment Property

Posted on: May 15, 2012

Categories: Buy

Author: Buy Fix and Profit (Guest)

If you are planning to secure a loan for investment property, it is important to know that there are factors that affect mortgage rates. Knowing how these factors can affect mortgage rates for investment property will give you a better idea as to how to play your cards. Since we are talking about investment property, your profitability is of utmost consideration. If your know how to handle these factors, you can be sure that you will remain profitable. Here are the factors that affect mortgage rates for investment property:

1. Credit history

If you are in the habit of paying your mortgage and financial obligations on time, you can be sure that the loans offered to you will be of lower interest rates. Late payment on your car loan, credit card including other bills can affect your interest rates … Read the rest

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What are the Different Investment Property Mortgage Rates?

Posted on: May 4, 2012

Categories: Buy, Commercial Building, Residential House

Author: Buy Fix and Profit (Guest)

If you are buying a property for profit and not as a primary residence, then you are buying an investment property. It can include those that you bought and improved in order to increase its value. You could then sell it or rent it out. There are a few things affecting investment property mortgage rates.

If you are getting a mortgage for a residential property, you need to show a proof of income from a job. An investor on the other hand, needs to show the income he expects to make from the rent. If you are planning to improve the property and sell it, you will have a much harder time securing a mortgage unless you can show a good source of funds to pay the monthly payment while waiting for the sale.

There are three types of … Read the rest

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Investment Property Loans–How to Finance your Real Estate Investments

Posted on: April 29, 2012

Categories: Other Articles

Author: Buy Fix and Profit (Guest)

Although it is tough to get financing due to the current economic situation, with a little creativity, you can still get investment property loans and finance your real estate investments. In this article, let me give you some tips so read on:

1. Have adequate down payment

Since investment properties are not covered with mortgage insurance, you need to have at least 20 percent downpayment to get a traditional financing. If you can give a 25 percent down payment, you will have a good chance of getting lower interest rates.

2. A strong borrower has greater edge

Although factors like loan-to-value ratio and the lender’s policies play a role in investment property loans, your credit scores can have a great impact to its terms. If your score is below 740, you will need to shell out some additional money for … Read the rest

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Buy Investment Properties – The Best Way to Spend Without Regrets

Posted on: April 19, 2012

Categories: Buy

Author: Buy Fix and Profit (Guest)

Is It a Good Idea to Buy Investment Properties?

Investing in real property is always a good idea. It all goes back to the principle of supply and demand; the supply of real property is not increasing and that is not going to change anytime soon. It will therefore have an ever increasing demand especially that the world population is ever increasing. It may experience certain fluctuation but not as bad as other investments.

Recently, the prices of real estate have dropped. It is therefore a good time to buy some for investment purposes. After you have gathered enough investments as your capitalization would allow, you can expect to gain excellent profit as prices of real property will surely go up like sunrise.

Strategies You Can Use to Buy Investment Properties

When you buy investment properties, you should not do … Read the rest

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