Owning a vacation rental can be one of the most profitable forms of real estate investing if it’s done correctly. These properties can produce a high monthly revenue, especially when fully booked, which a standard long-term rental property cannot match. After all of the hype surrounding them in recent years, you may be looking to …
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Will you be spending some time in the Tampa Bay area next week? Come find us at the Suncoast Mortgage Expo! This year, the event will be taking place at the Embassy Suites Tampa on May 24th. The third annual Suncoast Mortgage Expo in sunny Florida will motivate originators, drive your business forward with new …
We’re Heading to Tampa for the Suncoast Mortgage Expo! Read More »
Are you going to be in Miami area next week? Catch RCN Capital at IMN’s Single Family Rental Forum (East)! This 3-day event is taking place on May 23–25th at the beautiful Loews Miami Beach Hotel. The IMN Forums continue to be some of greatest event in the real estate space, with plenty of opportunities …
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With the current conditions of the real estate market, buyers are looking for more and more alternative ways to reach their goal of home ownership. Since trends don’t seem to be stopping any time soon, we can expect more people to show interest in purchasing condos, townhomes, and even manufactured or modular houses. But there …
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Investors love multifamily real estate, and it’s no surprise why when you learn about the benefits of owning such a property. Multifamily homes are seen as a very stable source of income since they are made of multiple cash-flowing units. They are also easy to obtain financing for due to their consistent nature. Naturally, their …
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Repeat Borrowers looking to refinance on a free and clear subject property and hold it to long term loan. Subject property is located in Hamlet, NC and is appraised for $174k As-Is. Two Sponsors on loan have decent credit with mixed mid-scores of 788 and 689; Bank statements reflect just over $19k in liquidity which …
Repeat Borrower looking to refinance existing debt on subject property and hold it long term. Subject is an SFR located in Victoria, TX. Subject appraised for $160k As-Is and a CDA confirmed the value was acceptable. Sponsor on the loan with good credit with a mid-score of 731; Bank statements reflect just over $137.5k in …
Borrower is looking to cash out on subject property located in Grovetown, GA. Subject property is appraised for $227k as-is. Two sponsors on the loan have mixed credit with mid-score of 678 & 798. Loan is structured in accordance with the qualification model. The loan has 75% LTV presenting 1.35 DSCR.
Home flipping is a great way to turn a profit with real estate, and an even better way for first-time investors to get their foot in the door of the real estate world. Although it might be the one of the simpler methods of making returns with real estate property, it is by no means …
Will you be in the Orange County area on May 4th and 5th? Catch us at the Irvine leg of the California Mortgage Expo! This event will be taking place at the Hilton Irvine/Orange County Airport. With the mortgage industry going through significant changes, it’s a struggle for mortgage professionals to keep on top of …
We’re Headed to the Irvine California Mortgage Expo! Read More »
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