Generating additional income through home rental can be an excellent option, but those with mortgages, particularly VA or FHA loans, must ensure their lenders permit it. Generally, individuals can rent their primary residence after a 12-month stay. The proliferation of Airbnb and similar online rental apps has led some homeowners to rent their properties, either partially or entirely, to offset their mortgage payments. Despite its increasing popularity, many lenders adhere to stringent occupancy criteria for loan repayments. Before posting your home on Airbnb, it’s crucial to understand the legalities and considerations involved with renting a mortgaged property.
Continue reading “Can I Rent Out My House on Airbnb If I Have a Mortgage?”What is the Average Return on Investment in Real Estate Investing?
Return on investment, ROI for short, is the net profit from an investment after deducting all expenses and costs, such as the investment’s purchase price, and any other costs, such as remodeling, upkeep, and repairs, when dealing with real estate ROI calculations. The ROI isn’t determined until the sale of the property, as it is crucial when making a profit on a real estate investment. Appreciation is the increase of value in the property over time. Our Titan Funding team in Boca Raton, Florida, invites you to explore the average ROI in real estate investing.
Continue reading “What is the Average Return on Investment in Real Estate Investing?”What Are the Most Common Major Problems in New Home Construction?
Developers are building new properties every day, from single-family homes to multi-unit apartment buildings. Investing in new construction can be a lucrative path for real estate investors, as new builds often require less maintenance than older buildings and allow you an opportunity to get in early in up-and-coming areas. If you’re considering investing in a new construction property, learning about what problems to expect could help you prepare yourself and devise solutions to circumvent them. Below are some common sources of trouble in new residential construction.
Continue reading “What Are the Most Common Major Problems in New Home Construction?”Why Private Mortgage Lending Could Be a Better Way to Invest in Real Estate
Could becoming a private money lender be the most advantageous way to invest in real estate? Many people rightly see both residential and commercial real estate as a tried and trusted investment vehicle. Appreciation tends to assure capital gains and mortgages become cheaper, in real terms, over time. This is because inflation increases rental income while mortgage payments remain approximately the same. Meanwhile, investment properties offer a predictable and reliable ROI – so far, so good.
Continue reading “Why Private Mortgage Lending Could Be a Better Way to Invest in Real Estate”Hard Money Loans vs Private Money: What’s the Difference?
If you’re looking to get a loan but traditional means have rejected you, there are alternative options. You can purchase and invest in larger items, like a home or vehicle, without an impressive credit history or other typical requirements for loan approvals. These alternate choices are hard money and private money loans. Our team at Titan Funding wants to help you understand hard money versus private money loans by defining each, the advantages and disadvantages, and the considerations for choosing the right one.
Continue reading “Hard Money Loans vs Private Money: What’s the Difference?”How to Avoid Costly Mistakes When Fixing and Flipping a Property
Popular TV shows like “Flip or Flop” and “Home Town” make flipping houses look easy. In the space of an episode, the team transforms a tired old property into a home worth much more than their investment. Of course, these reality shows don’t quite reflect the reality of house flipping. Fixing and flipping a property can be a terrific way to invest your money, but only if you avoid costly mistakes.
Continue reading “How to Avoid Costly Mistakes When Fixing and Flipping a Property”