BlogMORTGAGE BLOG

How to Use a Cash-Out Refinance to Fund Your Next Purchase

Blog posted On April 07, 2022

Homeowners have been gaining record amounts of equity in recent years – giving them more financial power than ever. If you’ve been considering investing in more real estate, now might be the time to make your move with a cash-out refinance.

READ MORE

Benefits of Purchasing a Multifamily Home

Blog posted On March 31, 2022

Unless you’re a seasoned real estate investor, it’s likely that you haven’t considered purchasing a multifamily home. At first glance, buying a multifamily home sounds much more expensive than a typical single-family purchase. Although yes, most multifamily homes have a higher sales price than comparable single-family homes, they actually could help you save money every month.

READ MORE

Renting vs. Selling: Which is Right for You?

Blog posted On February 17, 2022

When rent prices and home prices are both soaring, you might be faced with the tough decision: should you sell your home or rent it out? Both are good options, but before you decide, it’s important to consider the pros and cons of each scenario.

READ MORE

How to Successfully Invest in Short-Term Rentals

Blog posted On December 08, 2021

Many vacation homeowners may choose to lease their second homes out as short-term rentals when they are not occupying the property.  Leasing a home as a short-term rental through a service like Airbnb or VRBO is a great way to earn extra income and offset some of the cost of homeownership.  In some popular vacation destinations, the prevalence of short-term rentals has led to restrictions and ordinances limiting rental activity.  For example, in Breckenridge, Colorado, city officials are currently trying to reduce the amount of licensed short-term rentals from 3,000 to 2,200 properties. 

READ MORE

How an Investment Property Can Increase Your Wealth

Blog posted On May 06, 2021

Investment properties are primarily used to generate additional income. With the money generated from rental payments you can profit every year in the form of passive income. Plus, you could qualify for significant tax benefits, increase your wealth, and diversify your investment portfolio.

READ MORE

What to Know About Refinancing an Investment Property

Blog posted On January 07, 2021

As interest rates have fallen to record-breaking lows over the past year, mortgage refinances have surged. Refinancing your mortgage can offer many benefits – such as lowering rates and monthly payments, removing mortgage insurance, and getting cash out for other investments. But keep in mind that if you are refinancing an investment property, you may have a few more factors to consider than when refinancing a primary residence.

READ MORE

6 Tips for Renting Your Vacation Home

Blog posted On January 09, 2020

If you own a vacation home, renting it out through short-term rental services like Airbnb and HomeAway is a way to earn rental income when you’re not using the home.  Short-term home rentals are growing popular as a hotel alternative, especially for travelers seeking the comforts of home while they are away. 

READ MORE

SEE MORE BLOG POSTS Down Arrow