If you've been searching for a loan to begin or continue the upgrade of a real estate project, you know (or will soon discover) that strict regulations and market concerns have many traditional lenders balking at making new loans to anyone but their best costumers. Even if such loans are made, traditional real estate backers aren't willing to cover 70 percent of your need, and may only be willing to leverage 50 percent of the loan.
[Read More]
Five Things to Consider When Choosing a Condo to Use As a Vacation Rental
Owning a vacation property can be very lucrative. It allows you to have a place to visit when you want to vacation and make money by renting it out during times when you do not plan to use it. Use the following guide to learn what factors to look for when choosing a condo to use as a vacation rental.
Consider the Location
If you want the condo to be a desirable vacation rental, you need to consider its location.
[Read More]
The Home Buyer's Guide To Crowdfunding
When you want to buy a home, you may encounter a variety of obstacles along the way. Whether it's coming up with a down payment or finding your dream home that's within your budget, so many things can turn you in different directions. If you find yourself in financial need during the home buying process, you may try crowdfunding to raise the necessary funds. Here's what you need to know about crowdfunding as a home buyer.
[Read More]
Special Considerations For Buying A Townhome For Your Family
If you are ready to move out of your condo or apartment but do not have enough income to purchase a single-family home, then a townhome might be the best option for your situation. Where condominiums and apartments have multiple floors and lots of shared walls that can make your living space noisy, townhomes generally only have a single wall shared between your family and one other so they tend to be a lot quieter.
[Read More]