Posts Tagged 'Real estate'

4 Crucial Reasons Not To Get An Investment Loan, Property

Posted on: February 2, 2012

Categories: Buy, Property Management, Things To Consider

Author: lbuen

The Allure of Getting An Investment Loan, Property

The glut of real estate available, thanks to the avalanche of foreclosures, short sales, REOs and hard-pressed homeowners, have significantly pushed prices of investment properties further down. This is making a lot of real estate investors salivate as experts declare that now is the right time to invest in real estate. You may be among the scores of first-time investors raring to invest in real estate and become a landlord, intending to use rental income to cover for the costs of acquiring and maintaining a property, and hope to have the property’s value go up in the years to come. But is it really a great time to obtain an investment loan and property to rent out? If you are determined to do so, make sure to bulk up your landlord muscle… Read the rest

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Basic Investment Property Loan Requirements

Posted on: January 15, 2012

Categories: Other Articles

Author: lbuen

Obtaining financing for an investment property loan often proves more challenging than taking out funding for a residential purchase. Besides your own finances, mortgage lenders will also scrutinize the property in question, particularly its appraisal, cash flow and profitability. To give you an idea of what to expect, this post will cover some of the investment property loan requirements that most lender require.

Investment Property Loan Requirements: Your Financial Standing
Down payment

You must have enough funds to make the down payment. Lenders are taking in greater risks when funding investment properties because such properties often come with huge price tags. To somehow cushion them from such risks, they often command higher interest rates. At the same time, they also require beefier down payments, which often start at 20 percent of the price with averages ranging between… Read the rest

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Loan Modification, Investment Property: Can They Go Together?

Posted on: January 5, 2012

Categories: Other Articles

Author: lbuen

Wanted: Loan Modification for Investment Property

Are you having a hard time paying for the monthly mortgage of your rental property? Do you wish there is a way to adjust the rate or payment schedule of your investment property loan just like lenders do with primary homes? You are not alone. Many real estate investors are feeling the brunt of the ailing economy and are wishing that there is such a thing as loan modification for investment property.

Loan Modification – Investment Property Savior

The economic downturn has not only jeopardized the roof over the heads of primary homeowners; the sources of rental income of many real estate investors have also been agitated by the economic instability with many of them going on default and possible foreclosure, while some are starting to have difficulty making their monthly… Read the rest

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Home Equity Loan on Investment Property – Is This the Right Loan for You?

Posted on: December 27, 2011

Categories: Buy, Commercial Building, Residential House

Author: Jong

Equity loan on investment property is one of the possible options for you to get the needed cash for the down-payment of your dream house or another rental property. There are many other types of loans out there, and this seems to be one of the promising options especially if you have an existing investment property that you can use as collateral.

Before jumping on board to this kind of loan, it is best to know what home equity loan on investment property really is, and determine its suitability in your case. This is by no means suitable for all circumstances. There are instances where this type of loan is not recommended. It is, likewise, important to know its pros and cons in order to better understand how this loan can help you.

What is an Equity Loan on Investment

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5 Activities Related to Property Investment Loans You Must Avoid

Posted on: November 30, 2011

Categories: Other Articles

Author: lbuen

 1. Identity Theft and Income/Asset Falsification To Obtain Property Investment Loans

The real estate industry is rife with this form of fraud that can be carried out by an individual, usually the property buyer, by using the personal information, such as birth dates, Social Security numbers, and addresses, of an unwilling and unsuspecting victim to dishonestly secure a mortgage loan. Some also steal bank records, pay stubs, tax returns, W2s, cooked employment verification letters, and even property ownership records to secure fraudulent property investment loans or home mortgage.

2. House Flipping With Appraiser Connivance

Many people are wary when they hear the term property flipping as a certain form of fraud is associated with it. Flipping a property is generally legal, that is, when you buy a property, hold or rehab it and then resell it for a profit. However,… Read the rest

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How to Fix A House To Sell

Posted on: September 19, 2011

Categories: Fix, How To

Author: TGC

When you’re looking for a house to fix make sure you’re able to fix the house and it’s not a house that is unable to be worked upon. Do a proper inspection on the house and determine how much money could be needed. Don’t be stuck with a crooked house!

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5 Ways To Obtain More Affordable Landlord Insurance

Posted on: July 1, 2011

Categories: Property Management, Things To Consider

Author: lbuen

5 Ways To Obtain More Affordable Landlord Insurance

Landlord Insurance – An Expense Worth It

Every shrewd landlord knows that a landlord insurance is vital to his rental property business. Although it is not a legal requirement, it can save you from several heartaches. It may be an expense on the one hand, but on the other hand, it provides peace of mind and security against any unforeseen damage to your investment property. The trick here is to know how to obtain a substantial coverage at a more affordable rate. This way, you can protect your property investment while protecting your profitability. If you are on the verge of buying a new coverage or renew an old one, consider these three tips to help you get a more affordable policy.

How To Get A More Affordable Landlord Insurance

1. As with purchasing any other big-ticket commodity, you… Read the rest

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4 Ways To Protect Your Rental Property With Investment Property Insurance

Posted on: June 6, 2011

Categories: Procedures, Property Management, Things To Consider

Author: lbuen

4 Ways To Protect Your Rental Property With Investment Property Insurance

Sleep Well At Night By Getting The Right Investment Property Insurance

How would you respond to the catastrophic news that your multi-unit apartment has sustained severe damage due to a tumultuous windstorm or a fire? Will you say:

“Oh! That’s bad to hear, but everything will be okay since I got it covered.”

“Shucks! Is the insurance I got sufficient to cover against the damage?”

“Oh no! I have not yet gotten insurance. How am I gonna recover from this? ”

You do not want to be uttering the last two statements, right? Sleep well at night knowing that your investment property is appropriately covered for such losses due to unwanted events like fire, windstorm, lightning, explosion, riot, and unwanted business scenarios such as loss of rents, loss of money, and the like, by getting the most appropriate investmentRead the rest

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Easy Guide For Renting Out Your Property To Section 8 Tenants

Posted on: May 25, 2011

Categories: Procedures, Profit

Author: lbuen

Easy Guide For Renting Out Your Property To Section 8 Tenants

Many posts ago, we discussed the merits of taking in Section 8 tenants. Many landlords are lured to rent out their properties to these tenants because HUD’s Section 8 has made things easier for them in terms of minimizing late rental payments; property protection; minimizing turn-over; and shortening vacancy periods. If you want to your rental property business to be virtually stress-free, then follow these steps:

Prepping The Rental Property For Section 8 Tenants

Getting the rental property ready for inspection by interested Section 8 tenants would obviously be the first thing to do. Stage the home to make it more appealing and do not forget about curb appeal to lure them inside. When renovating properties for these type of tenants, go for durability over grandeur. Remember that there is a mandatory Section 8 inspection, so forget… Read the rest

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Hurdles To Brace For When Buying Investment Properties

Posted on: February 13, 2011

Categories: Buy, Investors, Other Articles, Property Management, Things To Consider

Author: lbuen

The Lure of Buying Investment Properties

Fed up with the mercurial temperament of the stock market? Multitudes of people have instead been drawn to buying investment properties that can provide cash flow for years to come in the form of rental income. The many landlords enjoying semi-retirement funded by their steady streams of income from their rental properties indicate the bankable rewards of investing in the real estate. However, it also has its share of hurdles that any investor must be aware of and brace for.

The Setbacks of Buying Investment Properties
Vacancies and Funding Mortgage Payments From Somewhere Else

The promised steady stream of income from your rental property may not be as steady as you may have hoped for because there will be times when you will experience vacancies. Buying investment… Read the rest

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