article thumbnail

3 Alternative Home Loan Options for People with Bad Credit

Rent, Buy & Sell

Great credit allows people to get the best interest rates on various types of loans. Bad credit is usually the result of late bill payments, bankruptcy, foreclosure and loan defaults. FHA loans can also be obtained by people who have a bankruptcy or foreclosure on their record. There are some drawback to VA loans.

Loans 98
article thumbnail

Real Estate Loans: Types, Features, and Benefits

Norada Real Estate

Real estate loans are a crucial part of the real estate industry, providing investors with the necessary funds to purchase, renovate, or refinance properties. From conventional loans to government-backed FHA and VA loans, there are various types of real estate loans available in the market.

Loans 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Finance Turnkey Rental Properties?

Norada Real Estate

Among them, non-recourse loans, hard money loans, and private loans are the most popular. In the case of a Non-Recourse Loan, the investor puts an asset forward. Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market.

Finance 93
article thumbnail

What Types of Loans Can You Get for an Investment Property?

Marco Santarelli

The motivation behind this article is to educate you on the different kinds of loans you get for an investment property. Conventional Loans Conventional lending is the most popular source for mortgage lending in today’s 1 to 4 unit properties. Nonconforming mortgages are for higher amounts usually called a jumbo loan.

Loans 98
article thumbnail

A 2023 Guide to Flipping Houses in Georgia: 5 Cities to Consider

HomeLight

DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. If you are considering flipping houses in Georgia, HomeLight always encourages you to reach out to an advisor regarding your own situation. Whether you’re interested in flipping the occasional house as a (hopefully!) in the past year.