Marco Santarelli

JANUARY 1, 2024

Your cash-on-cash return is directly related to the before-tax cash-flow from your property. Your equity will grow over time (through appreciation and loan amortization), while the cash-flow covers the operating expenses and debt service on your property. Cash-flow is the “glue” that keeps your investment together.

Property Management 111

Property Management Investor Equity Marketing 111

GeekEstate

OCTOBER 29, 2021

For example, the Federal Housing Finance Agency (FHFA) recently announced its intention to continue accepting desktop appraisals for purchase loans beginning in early 2022. As home prices continue to rise, homeowners’ equity in their properties represent an outsized portion of their total wealth.

Technology 135

Technology Marketing Purchase and sale agreement Equity 135

Realty Biz

OCTOBER 6, 2023

Asante delivers 54 affordable studio- and one-bedroom apartments for unsheltered seniors, as well as one two-bedroom apartment reserved for the onsite property manager. Construction and permanent loans were provided by Pacific Western Bank and Raymond James contributed to Asante’s tax credit equity.

Development 62

Development Property Management Finance Construction 62

HomeLight

OCTOBER 13, 2020

Remodeling projects should increase the value of your home, either from a tenant perspective or from an equity perspective. These types of things add an attractiveness to your property that may not be measured in dollars but could increase your potential pool of tenants. See property management app and software examples below.).

Property Management 98

Property Management Investor Staging Equity 98

Realty Biz

APRIL 21, 2023

However, it helps to consider a few essential things to ensure you're picking one that suits your property management and ownership style. In the face of financial uncertainty, your worst nightmare can be losing your personal property to foot the debts. It's best to avoid losing everything.

Investor 91

Investor Property Management Loans Equity 91

Realty Biz

OCTOBER 9, 2022

million equity investment and a $3.6 million loan from Morton Community Bank. The property is managed by First Site Apartments. "We They are one of the most respected property management firms in this market. Fairway Apartments was built in 1970 and consists of 79 units. The acquisition was funded by a $1.6

Principal 88

Principal Investor Property Management Renovation 88

Realty Biz

OCTOBER 3, 2023

Danielle Moy (204 sides) with @Properties in Orland Park, Ill., with Equity Union in Encino, Calif. was the top loan originator by mortgage units with 400 closed mortgages in 2022. The list of loan officers was generated through self-submissions directly to AREAA. and Stephanie Vitacco (137.5) followed on the sides list.

Agents 110

Agents Banks Mortgages Loans 110

Redfin

MAY 7, 2021

Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. For those unfamiliar with HELOC or Bridge Loans, they use your home’s equity, the difference between your home’s value and the amount owed on your mortgage, to secure the loan. But there’s always a trade-off.

Purchase and sale agreement 80

Purchase and sale agreement Marketing Equity Loans 80

Redfin

JUNE 21, 2023

Collaborating with an experienced property inspector can help identify potential issues and prevent costly surprises down the line. Lastly, establishing relationships with reputable contractors and property managers can streamline property renovations and day-to-day operations. ” 11.

Due diligence 59

Due diligence Earnest money deposit Investor Inspection 59

Marco Santarelli

OCTOBER 16, 2022

The other way you can benefit is by increasing the value of your investment property and mining the equity that you generate. You either can take low-interest loans against the equity or sell your investment property for a profit and reinvest by buying more investment properties.

Investor 98

Investor Property Management Equity Banks 98

App Folio

MAY 8, 2020

According to a recent Forbearance and Call Volume Survey conducted by Mortgage Bankers Association, the total number of loans in forbearance jumped from 2.73% to 3.74% during the week of March 30th to April 5th. . In response to the crisis, they are taking actions to make sure homeowners with Freddie Mac-owned loans can stay in their homes.

Banks 71

Banks Loans Equity Mortgages 71

Realty Biz

DECEMBER 21, 2020

The major benefit of a long-term rental is a dependable rent payment each month, which you can use to pay the bills and build equity in the property. Plus, you may go months without ever having to set foot on the property — unless you have a particularly high-maintenance tenant.

Commercial 84

Commercial Investor Equity Loans 84

Redfin

JULY 1, 2022

The landlord or property manager does not check your credit report during the application process , instead relying on other information to prove that you can make your rental payments on time. Working directly with the landlord is generally easier than working with a property manager. Take out a loan.

Property Management 59

Property Management Loans Banks As-is 59

CT Homes

AUGUST 24, 2021

The first payment will dictate how long it will take to pay down or pay off a loan balance. More monthly payments equal shorter repayment periods, regardless if an investor is working with a 15 or 30-year loan. This is a great option for investors willing to marinate on their potential profits of eventually not having to repay a loan.

Investor 88

Investor Loans Development Equity 88

Realty Biz

DECEMBER 13, 2023

In addition to selling houses, you can work as a property manager, real estate attorney, home inspector, real estate photographer, and more. If you are working with a seller, you can advise what financing options your client has to finance upgrades such as home equity and Federal Housing Administration loans.

Marketing 63

Marketing Title Finance Branding 63

Redfin

MARCH 7, 2022

Because renting doesn’t build equity, it can be difficult to save money. These programs offer a variety of loans, grants, and credits to make buying your first home that much easier. This is because lenders offer the best loans and lowest rates to customers with excellent credit.

Inspection 66

Inspection Finance Loans Property Management 66

Realty Biz

DECEMBER 9, 2020

(Note: I’m ignoring things like REITs that don’t directly involve owning and managing properties.) Often, a property management company takes care of day-to-day operations. Remember, the property is collateral that can be foreclosed on and take away your original investment if you fail to meet the conditions of the loan.

Investor 96

Investor Finance Property Management Loans 96

Windemere Buying

APRIL 11, 2022

Advocates of buying will contend that purchasing a home is an investment in equity, which can increase in value every year you live in the home, whereas if you rent a property, you’re essentially paying for someone else’s mortgage. Becoming a homeowner has its respective advantages.

Pre-approval 52

Pre-approval Loan Officer Loans Property Management 52

Norada Real Estate

FEBRUARY 17, 2023

The example above does not take into account the property's value appreciation, which can significantly impact the ROI over the long term. Limitations of ROI as a performance metric include its failure to account for factors such as taxes, property appreciation, and loan pay-downs.

Investor 73

Investor Finance Renovation Equity 73

HomeLight

JANUARY 27, 2021

Does your would-be agent have a seemingly endless rolodex of all the best lenders, contractors, inspectors, and property managers in the area? So understand that unless you’ve been earning 1099 income for more than two years, it may not help you qualify for a home loan. and 1% of your loan amount, annually.

Closing costs 117

Closing costs Loans Inspection Earnest money deposit 117

HomeLight

APRIL 29, 2022

Much like other online platforms created in the late 1990s and early 2000s — think Amazon which primarily sold books and Facebook which was only available to college students — what began as a specialized site has grown into something much larger that now includes home loans, closing services, and Zillow Premier Agents.

Agents 109

Agents Bankruptcy Loans Sales 109

Marco Santarelli

SEPTEMBER 6, 2020

Instead, we’re suggesting you loan money to other real estate investors through crowdfunding sites. You can diversify your holdings, loaning several hundred or thousand dollars to each would-be investor. The crowdfunding platform takes a slice of every loan issued. However, they also administer the loan payments.

Lending 135

Lending Loans Investor Branding 135

First Team Real Estate

AUGUST 12, 2020

At the time, I worked for a lender and specialized in loans for real estate investors. After issuing my hundredth rental property mortgage, it finally dawned on me: these investors are building enough income from rental properties to live on. When you buy a rental property, it starts generating income for you immediately.

Investor 104

Investor Closing costs Mortgages Loans 104

Housing Wire

NOVEMBER 3, 2021

The government-sponsored enterprise will provide closing cost credits on multifamily loans for rental landlords who agree to report on-time rental payments through Esusu Financial. Esusu, a credit-building fintech, will deliver the on-time rental payment reports from landlords’ property management software to the credit bureaus.

Finance 429

Finance Closing costs Property Management Equity 429

Marco Santarelli

MARCH 30, 2023

Financials, for example, can benefit from higher interest rates because it increases their net interest margins, which is the difference between the interest income earned on loans and the interest expense paid on deposits. Additionally, rental rates may increase as well, leading to higher cash flows for property owners.

Investor 40

Investor Loans Banks Mortgages 40

Toronto Realty Blog

NOVEMBER 13, 2023

He fills out all the forms associated with the “Welcome Package” for the building, provides a post-dated cheque so the property manager can withdraw monthly maintenance fees, and even books the party room in the building two months out for his girlfriend’s birthday.

Purchase and sale agreement 107

Purchase and sale agreement Residential Closing Pre-approval 107

Realty Biz

SEPTEMBER 26, 2023

Through these platforms, investors can gain exposure to real estate assets without the need for direct ownership or the hassles of property management. They can typically invest through either debt or equity options. Their platform offers a range of investment opportunities, including equity and preferred equity investments.

Due diligence 83

Due diligence Commercial Investor Equity 83

HomeLight

AUGUST 16, 2021

I decided I would rather invest that money where I could build equity.”. I took a loan against my retirement account with no penalty,” Hardiman explains. “In down payment and some of the closing costs” needed for an FHA loan , she explains. “I How to build wealth if you own property. One program will “cover the 3.5%

Purchase and sale agreement 104

Purchase and sale agreement Equity FHA loan Home sale contingency 104

HomeLight

OCTOBER 8, 2020

Jim Gilliland , a top real estate agent in Florida , says that the first step for anyone wanting to take the plunge is to assess their finances and visit a mortgage broker or bank to see what kind of loan they can qualify for. You build equity in your real estate investments. And you can leverage that equity.

Equity 104

Equity Land Purchase and sale agreement Loans 104

HomeLight

MARCH 6, 2023

You know, if you bought a house three, four years ago, you probably have some really good equity right now. So maybe instead of turning that past property into a rental, you decide, let me sell this, and now I have a down payment for two properties. With the long-term holds, I personally use property managers.

Agents 57

Agents Investor Property Management As-is 57

The Residential Specialist

AUGUST 31, 2023

And the way that worked was it was a cash buyer, and we were able to lease the property back to the seller because he’s building a new construction, which won’t be ready until the end of July.” Here are some options: Bridge loan— These short-term loans can be used for the down payment, but they are usually offered at a higher interest rate.

Earnest money deposit 98

Earnest money deposit Debt-to-income ratio New Construction Equity 98

Marco Santarelli

JULY 26, 2020

This strategy is probably the one most likely to let you generate a steady income that is large enough to live off of once you own multiple rental properties. You may be able to utilize this strategy if you cash out money from a retirement account or equity in your home. Don’t try to fix and flip several properties at once.

Loans 144

Loans Equity Renovation Property Management 144

HomeLight

MARCH 4, 2021

Prosper , another personal loan platform that makes it possible to get started in micro-investing with as little as $25. Aside from the costs of acquiring (and likely renovating) long-term rental properties, you’ll likely want the homes to be managed by a professional. Out-of-state properties. Rent-to-own lease options.

Investor 109

Investor Lending Land Residential 109

CT Homes

JANUARY 17, 2020

Sure, quick flips and rehabs are great for the short term but a strategic acquisition of a rental property can completely change your portfolio. Not only are they a source for surplus monthly cash flow, but they also build equity for the future which you can use can use as a means to purchase additional properties.

Property Management 84

Property Management Investor Finance Loans 84

Redfin

FEBRUARY 10, 2023

Building equity Home equity is how much of your home that you actually own. Specifically, it’s the portion of the property that a homeowner owns outright and has a financial stake in. For example, if a homeowner has a mortgage balance of $200,000 on a property worth $300,000, their home equity would be $100,000.

Equity 59

Equity Closing costs Mortgages Pre-approval 59

Marco Santarelli

MAY 30, 2024

Firstly, economies of scale come into play – by focusing on specific metropolitan areas, investors can streamline operations and reduce costs associated with property management and maintenance. Owning a home offers long-term benefits like equity building and potential appreciation in value.

Investor 98

Investor Marketing Pre-approval FHA loan 98

HomeLight

OCTOBER 20, 2021

According to Reiner, the major carrying costs apartment owners need to consider are the monthly mortgage payments, property and rental taxes , insurance, property management, HOA fees, vacancies, and turnover costs. Frankly, property managers make your life a lot easier,” Casalnova says. In Q2 of 2020, 6.2%

Property Management 97

Property Management Debt-to-income ratio Investor MLS 97