FHA, APR, DTI, PMI, FICO, and LTV are just a few of the acronyms you’ll see in the mortgage and banking world, but what do they mean? Whether you are a borrower or a lender, you should know what all these stand for, and more importantly, how they impact your loan.
Continue reading “What is LTV in Real Estate? Understanding Loan to Value Ratio”
Whether you are looking at commercial properties or trying to build your dream home, a construction loan is a great way to finance your project. Learning what a construction loan is, how it works, the types of loans you could get, and the requirements for obtaining one can help you decide what the right option is for you. Continue reading “What is a Construction Loan & How Do They Work”
Finding a good real estate deal is only half the battle won; getting the best financing is the other half. Hard money loans and soft money loans are two great ways to fund your real estate purchase or investment. Both of these financing options have their pros and cons, which you have to carefully consider making the right decision between them. Take a detailed look at the differences between hard and soft money loans.
Continue reading “What Is the Difference Between Hard Money and Soft Money?”
If you’re new to flipping houses, you may have heard of the 70% rule but not know exactly what it is. Longtime house flippers used their years of experience to create a quick tool called the 70% rule. This tool helps them quickly analyze a potential purchase to determine whether they should put an offer on the property.
Continue reading “What is the 70% Rule in House Flipping?”While best known for upscale dining, brilliant nightlife, and numerous yacht clubs, Boca Raton, Florida, is also home to lots of lovely parks. From sandy beaches to nature centers filled with local wildlife, it’s easy to get outside and enjoy the fresh air and the natural beauty of the Boca Raton area at these eight parks. Continue reading “The 8 Best Parks Around Boca Raton, Florida”
When you think of investing, your mind may jump immediately to the stock market. Although that’s one option, it’s certainly not your only option for investing. In fact, most financial experts recommend a diverse approach to investing, which means including more than just stocks in your portfolio. If you’ve ever thought about investing in other options, you may be interested in learning more about mortgage notes as an investment opportunity.
Continue reading “Investing in Mortgage Notes – Earn Higher Returns with Less Risk”
