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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
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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. There are three basic ways to finance turnkey rental properties – Cash, Borrowing, and Loan or Mortgage. Applicant must have an SSN.

Finance 96
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A 2023 Guide to Flipping Houses in Georgia: 5 Cities to Consider

HomeLight

Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Fannie Mae’s HomeStyle Renovation loan : This is a kind of loan offered by certain lenders that will finance the purchase of the property as well as the costs of the renovations — all wrapped up into one mortgage.