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Portrait of a pre-foreclosure peacemaker

Housing Wire

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I million delinquent mortgages as of the end of the second quarter of 2024, just slightly below the 2.3 The MBA data show about 2.2

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Can you buy a home with plans to rent on Airbnb?

Housing Wire

Considering the median mortgage payment sits around $1,100, that’s a pretty big chunk of change to be bringing in. The differences between FHA, VA, and USDA mortgages. If you plan to use the property as an investment (you’ll have to indicate so on your loan application), then you could face more stringent qualifying requirements.

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What Is a Hard Money Loan in Real Estate?

HomeLight

Are you considering a hard money loan to fast-track your next real estate investment? Whether you’re planning to flip a house or purchase a rental property, a streamlined hard money loan can be a helpful option. What is a hard money loan? How does a hard money loan work?

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How to vet private money lenders for real estate investing

Housing Wire

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. The problem with private money lenders is that good ones are hard to come by.

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How to Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

A well-structured plan will guide your decisions and attract potential partners or investors. Buy, Rehab, Rent, Refinance, Repeat (BRRRR): This is when you buy a property, fix it, rent it out, do a cash-out refinance, and use the money to buy the next property. Analyzing market trends and competitive positioning is also essential.

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How to Buy a Preforeclosure Home in 9 Steps

The Close

Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. During preforeclosure, homeowners have two main options: sell the property or pay off the outstanding loan balance. For investors, this is a chance to snag a property at a price lower than its market value.

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How to Buy a Multifamily Property in 10 Steps

The Close

Purchasing a multifamily property is an excellent way for investors to generate steady income. Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. These multifamily units often share walls, floors, and communal spaces.