by Athena Paquette | Nov 11, 2013 | Blog, Investors, Realtors
How a 1031 Can Lead to Greater Cash Flow A 1031 is the part of the IRS code that allows you to “swap” one income producing property for another, and defer the capital gains tax. For example: Let’s say that you are using your first home as income property. Although...
by Athena Paquette | Nov 9, 2013 | Blog, Home Buyers, Investors
In addition to the purchase price of the home, there are other fees associated the home buying process such as escrow fees, appraisal fees, notary fees and more. Typically, a no-cost loan is used when you’re refinancing, but it can also be used for...
by Athena Paquette | Sep 26, 2013 | Blog, Investors
How much down do you really need to buy investment property? In general, the amount of money needed depends on the type of property, loan program, and whether or not you’re planning to live there. If you are buying 2-4 units and will not live there, then the minimum...
by Athena Paquette | Sep 24, 2013 | Blog, Investors
Have you ever said to yourself, “I don’t have enough money to invest in real estate. It takes hundreds of thousands to invest.” OR “Prices have gone too high and cap rates are being squished!” It’s true that in some cases you may need lots of money to buy real...
by Athena Paquette | Sep 13, 2013 | Blog, Investors
This article has been updated on March 10, 2019 Pre-qualification Pre-qualification or Pre-quals, is a quick assessment about what you can afford. It is based on the opinion of a loan officer, 1-800 order clerk, website calculator, or Realtor. It includes an interview...
by Athena Paquette | Sep 12, 2013 | Blog, Home Buyers, Investors
I often run into business owners who are frustrated because they were turned down for a loan they so obviously could afford. They ask me, “How is it that I am able to pay $2,500 in rent, and have a successful business, but I can’t qualify for a loan?” Having owned...
