by G. Brian Davis | Last updated Feb 20, 2024 | Active Real Estate Investing, Creative Financing, Spark Blog |
What’s the difference between hard money and private money loans? Real estate investors sometimes use these terms interchangeably. Many hard money lenders are private lenders, and vice versa, making the discussion more confusing. Fortunately, understanding the...
by G. Brian Davis | Last updated Feb 12, 2024 | Active Real Estate Investing, Creative Financing, Spark Blog |
Financing real estate investments can be tricky when you’re self-employed. Lenders look for consistent income, which is harder to show without a W-2. But getting a mortgage is very doable with the proper documentation verifying your earnings, plus preparation...
by G. Brian Davis | Last updated Dec 28, 2023 | Active Real Estate Investing, Creative Financing, Spark Blog |
A few years back, Fannie Mae and its brother lender Freddie Mac launched loan programs called HomeReady and Home Possible, respectively. Their purpose? To compete with the 3.5% down FHA loan program and help low- to moderate-income borrowers buy a home without much...
by G. Brian Davis | Last updated Nov 30, 2023 | Active Real Estate Investing, Creative Financing, Personal Finance, Spark Blog |
Mortgage brokers love to tell you they can lower your mortgage payment by refinancing your rental property. Sometimes they actually can. But is it worth refinancing, even then? Before rushing into a rental property refinance, make sure you understand the true costs....