Lighter Side of Real Estate

JANUARY 24, 2024

Unless you come into a windfall of money, most people need to get a mortgage in order to buy a home, so getting a mortgage pre-approval to find out how much a lender will allow you to spend is the first step. In addition, some landlords may be willing to overlook poor credit or a lower income. But it isn’t quite that simple.

Pre-approval 95

Pre-approval Debt-to-income ratio Pre-qualification Mortgages 95

Marco Santarelli

SEPTEMBER 30, 2023

However, it is important to note that interest rates can vary depending on a number of factors, including the loan amount, loan term, and the borrower's debt-to-income ratio. Get pre-approved for a mortgage before you start shopping for a home. can qualify for an FHA loan. Make a larger down payment.

FHA loan 102

FHA loan Mortgages Debt-to-income ratio Loans 102

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Debt-to-income ratio (DTI).

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98