A second mortgage is a loan that allows you to borrow money using your home equity as collateral. Unlike a first mortgage, used to purchase a property, a second mortgage is a loan taken out against the existing equity in a home. This means you already have a primary mortgage and are looking to borrow additional funds. Our experts at Titan Funding can help determine whether a second mortgage is right for you.
Continue reading “How Does a Second Mortgage Work?”Why Invest in a Mixed-Use Property?
Mixed-use developments present an alluring prospect by integrating multiple uses, such as office, retail, and residential space, within a single building or general vicinity. Although there’s great potential in this type of investment, it’s important to understand that mixed-use properties pose unique challenges. These properties offer residents the convenience of having everything at one’s fingertips while creating a desirable destination for visitors and businesses.
However, projects with mixed uses often necessitate dealing with complicated zoning laws and meticulous planning to successfully incorporate diverse uses into one space. Notwithstanding the obstacles, mixed-use developments provide excellent prospects for investors and a positive return on investment.
Continue reading “Why Invest in a Mixed-Use Property?”Can I Rent Out My House on Airbnb If I Have a Mortgage?
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”