Typically, a lender originates a mortgage and then turns around and sells it on the secondary mortgage market. Conversely, a portfolio loan is when a lender originates the loan intending to keep it rather than sell it. There is a set of standards and requirements that must be met to sell on the secondary market. The originator who intends to offload the mortgage must abide by these general requirements and standards. If they intend to keep it as a portfolio loan, they can set the terms to whatever they wish, often in a manner favorable to the borrower.
Continue reading “What Is a Portfolio Loan?”5 Best Fishing Spots in Orlando, FL
If you’re looking for great fishing around Orlando, you’ll have no shortage of options. This tropical hot spot has several great lakes that deliver an abundance of sizable fish. Here are our top picks for the best fishing spots in the Central Florida area.
Continue reading “5 Best Fishing Spots in Orlando, FL”What Is a Construction Loan?
You’ve decided that homeownership is for you but haven’t been able to find anything on the market that you like or that fits your needs. Perhaps you should consider building the home of your dreams but aren’t sure how to finance it. Banks and other financial institutions may have a construction or self-build loan option available for you to make your dream a reality.
Continue reading “What Is a Construction Loan?”Investing in Senior Housing
As Baby Boomers approach retirement, the demand for senior housing will continue to increase. While real estate has traditionally been a solid investment, housing for retirees and senior citizens is bound to experience a rapid increase in demand. Investment property may be purchased by individuals or through groups who pool their resources. Financing for investment properties is tighter and is one of many factors to consider before pursuing an investment in senior housing properties.
Continue reading “Investing in Senior Housing”Flipping Houses With No Money
House flipping refers to purchasing a property for the purpose of fixing it up or upgrading it, and then selling at a profit. Flipping usually works best when you can buy an undervalued property. House flipping isn’t reserved only for those with lots of cash reserves. There are plenty of ways to do this without adequate capital. Here’s how you can flip houses with no money.
Continue reading “Flipping Houses With No Money”Investing in Section 8 Housing
Real estate investing is relatively easy and increasingly popular as a way to diversify your portfolio. Several types of real estate investment opportunities allow you to decide how involved you want to be in your investment, from commercial real estate to multi-family units and everything in between. One option to consider is investing in Section 8 housing, especially as the demand for low-cost housing is growing.
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