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Category Archives: Free Tips
5 Best Rehab Opportunities
ShareTweet Making money is about solving problems! The top 5 most profitable problems are easy to spot and can make you thousands! When i buy a rehab project to flip I look for very specific issues. Most of the time they … Continue reading
The Problem with Cash
ShareTweet New federal laws require every lender to document every dollar that moves into your account to thwart money laundering and assist the feds to catch the bad guys. What in the world, you may ask, does that have to … Continue reading
Posted in Financing, Free Tips, New Borrower
Tagged Cash deposits, closing costs., down payments, loans, Mortgages, originate, purchase, refinance, reserves
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What Documentation Will I Need?
ShareTweet It’s never “good enough” for me to know WHAT I need to provide to someone, I need to know WHY I’m providing it. Everyone’s situation is different, so the documentation may look different for every borrower. Let’s break it … Continue reading
Posted in Financing, Free Tips, New Borrower
Tagged advice, best interest rate, documentation, FHA, Low rates, Mortgages, real estate, What to bring
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Do I Really Need Title Insurance?
ShareTweet Borrowers ask me this question all the time. The resounding answer is maybe. First let’s talk about what it is and what it does. Title insurance insures the beneficiary that no liens exist except those specifically mentioned and detailed … Continue reading
Posted in Free Tips, New Borrower, Real Estate
Tagged foreclosure, insurance, investing, Morgage, real estate., title insurance
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Seller Concessions? What Are They & How Do I Calculate Them?
ShareTweet Seller concessions help people buy homes! The name implies that the Seller actually pays the buyer or makes a concession in the purchase price to benefit the buyer. In essence that is true, but in reality the Seller isn’t … Continue reading
Broker or Banker?
ShareTweet Brokers offer more choices for the consumer as well as a much higher level of expertise. Our entire economic system is built on competition and consumer choice so let’s look at what each has to offer and I believe … Continue reading
Posted in Financing, Free Tips
Tagged best interest rates, broker, mortgage broker, real estate agent, wholesale interest rates
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It’s Just Math
ShareTweet How do I choose an interest Rate? First, it important to know that every rate offered for a specific product has a cost attached to it. That cost is usually expressed as a number above or below 100. For … Continue reading
Over The River and Through the Woods…
ShareTweet Three ways to buy Grandma’s House with no money down, even though it’s in a remote location. 1. Gift of Equity. If it really is Grandma’s house you can use a gift of equity. The buyer and Seller MUST … Continue reading
Posted in Financing, Free Tips, Real Estate
Tagged advice, land contract, mortgage broker, No money down, real estate, seller financing, tip, usda
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What Is My House Worth?
ShareTweet Your home is worth whatever you are willing to sell it for and what another disinterested party is willing to pay; not a dollar more. The question now is How Do I Predict that Value? Can I look back … Continue reading
Posted in Free Tips, Real Estate
Tagged buy, buyer's market, free, free tips, home, houses, how to, real estate, real estate market, realtor, Sell, slow market, valuation, Value
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Is This a Buyer’s Market?
ShareTweet What, you may ask, IS a buyer’s market versus a seller’s market? A Buyer’s Market, simply put, happens when there is more inventory than there are buyers. That glut of housing drives supply up and demand down and puts … Continue reading
