With both fixed and variable rate mortgage rates increasing, as a wealthy real estate investor you may be wondering if you should change your mortgage strategy. Does borrowing a mortgage to invest in real estate still make sense or should you pay in cash for...
Are you a wealthy person who can afford to buy your next property in cash? Many wealthy people don’t actually need mortgage financing for real estate investment, but choose to take it out. Why do they do that? It’s because of the opportunity cost. Why cash out...
If you’ve been reading news headlines recently, you’ll notice that inflation is a buzzword that has been used a lot. American inflation is now running higher than mortgage rates. Optimism about the COVID-19 vaccine rollout is leading to increased economic activity and...
There’s no other way to put it: the pandemic has transformed the luxury real estate market. This is outlined in Sotheby’s new Top Tier spring luxury market. Related: Looking to get creative with mortgage financing to buy a luxury home? The details might surprise you...
You may have heard about the BRRRR Method. Maybe you heard it discussed on a real estate investment podcast. Maybe you read about it online. Led by rental property, the BRRRR Method can be a great way to invest in real estate when it’s done right. Related: Looking to...
Are you looking for mortgage financing for your luxury home purchase? You’ve come to the right place. Most homebuyers assume that getting a mortgage for a luxury home is the same as with any other home. While that’s true for the most part, there are a few key...
If you’re looking to become wealthy by working your 9-to-5 job, good luck. While it is certainly possible, it’s going to take a while. If you’d like to live a comfortable life, a 9-to-5 job can provide that. However, if you’re looking to become affluent while you’re...
Are you looking to take advantage of today’s record low mortgage rates? Besides your income and down payment, something else that mortgage lenders care about is your credit score. If you have a bad score, it can make it tough to obtain mortgage financing and grow your...
At the beginning of the year if you were looking for a tenant, you could take your pick. Boy, what a difference seven months makes! Due to the ongoing COVID-19 pandemic, rental apartments that used to be the most desirable are now in many cases the least desirable....