Norada Real Estate

FEBRUARY 21, 2022

Looking to purchase and profit from a rental property? In this article, we're going to give you some important tips on how to buy a rental property. These are the steps every budding property investor should take to pick a good cash-generating rental property. Buying rental property is not for everyone.

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Redfin

JULY 8, 2022

Landlord-tenant laws usually cover things like: Lease agreement limitations. As a landlord, you’ll probably finance your purchase differently than you would if you were buying it as your primary residence. Depending on the market and lender, you may need a 15%, 20%, or 25% down payment to purchase the rental property.

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HomeLight

DECEMBER 15, 2021

To help decipher them, Mikki Ramey , a top real estate agent in South Carolina, and Richard Helali, a mortgage lending expert with HomeLight Loans , gave us some pointers. A home sale contingency is a clause added to a purchase agreement that makes the sale reliant on you selling your previous home before you can close on the next home.

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Redfin

MAY 7, 2021

In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home. Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. You can also consider requesting a rent-back agreement from potential homebuyers.

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McKissock

JULY 21, 2021

When potential homebuyers come to you for help in finding a home, you’ll want to be certain that they’re qualified to make the purchase before you start working with them. A client’s income will be an important factor in qualifying them for a loan, Antoni says, but the credit rating is usually more important.

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HomeLight

APRIL 19, 2021

If you’ve lived in your home for years, purchasing a second home and renting out the first could be a viable option. You get the mortgage benefits of purchasing a home that will be owner-occupied, such as lower interest rates and less strict down payment requirements. Consider multi-family properties. Cost and return.

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Marco Santarelli

AUGUST 17, 2020

We’re not going to tell you where to go to find a real estate investment loan or good building contractor; you can find recommendations in those areas almost anywhere. ® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions. Operated by Move, Inc.,

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The Close

NOVEMBER 10, 2022

Can You Get Financing? If you’re new to business ownership, you might be surprised to learn that even billionaires use loans to finance new ventures. Your financing needs will vary greatly depending on the environment you want to set up and where you want to establish it. Related Article.

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HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Use: You lived in the property for at least two of the last five years. Stressed About a Quick Job Move?

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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. One great option with real estate investments is that you can take out a home equity loan.

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HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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