Whether you are a first-time buyer, willing to put “sweat equity” into your first home or dream home in order to purchase at a lower price or just building your real estate portfolio, fixer-uppers are a tempting option. Before you decide this type of investment suits you, here’s what you should know about buying and … Continued
Interest rates are enticingly low at the moment if you have been playing with the idea of selling, why not take advantage and sell now? You can reap the benefits of the equity you have built and move into a home that is more suiting to your current needs. Read on to learn how to … Continued
Organization is the key to success in any business and commercial real estate investing is no exception. Should the seller seem unwilling to provide any of their records, consider this a very loud alarm and walk away. Once you have gained access to all of this data, it is important that you understand the significance … Continued
Picturing yourself walking away from the closing table with cash in hand? Sellers who list their homes have no guarantee of their home selling. Unfortunately, once you’ve found a buyer and agreed on a purchase price, there is still no guarantee of smooth sailing to the closing table. There are a variety of reasons closings … Continued
By anticipating potential issues that could cause your deal to disintegrate. We’ll go over 5 of the reasons home sales fall through in Southwest Michigan and what you can do about it. Financing Traditional financing has specific qualifiers in order for borrowers to qualify for the mortgage loan. Any change in these factors can be … Continued
While wise investors know that diversity is key to a strong portfolio, many want to build passive income through real estate investment, which allows them the luxury of maintaining their lifestyle. Buyers looking to enter the real estate game in Southwest Michigan may feel overwhelmed at the thought of juggling all of the responsibilities of … Continued
Did you know you could purchase other peoples mortgage notes, or promise to pay, through the secondary mortgage market? In this post, we will discuss how you can make money buying and selling mortgage notes in Southwest Michigan. Banks, or mortgage originators, often bundle mortgage notes and sell them, the transaction is fairly complicated, but … Continued
Selling your house in Southwest Michigan? There’s no guarantee, nor any way to estimate when your home will sell. We’ll review what you can do if your buyer falls through. It’s a big let down when you believe you’ve sold your home and moved forward with plans for your new home. While it doesn’t happen … Continued
As an investor, you are always looking for a great deal, but how can you tell? Here are 5 signs of a great deal when buying Southwest Michigan real estate. No Zoning Issues or Liens It is important that you research a potential investment for any zoning issues or liens on the property. If the … Continued
Building a portfolio with real estate investment is a great way to build wealth and is statistically more stable than the stock market. The last thing you want to do as a real estate investor is to buy overpriced properties off of the MLS (Multiple Listing Service). This is where real estate wholesalers come in. … Continued
Tenants are beginning to receive stimulus payments and some are using it to move. You may be receiving multiple applications for your available rental property, but once you locate a great tenant, you may be competing with other landlords to have this tenant. Here are some ways you can appeal to tenants in Southwest Michigan … Continued
Selling your house can be a stressful task in itself, but how do you sell a house if you have tenants already in place? Here are five steps for selling your house with tenants in Southwest Michigan. Step #1: Ask the Tenants The first step to selling your house with tenants in Southwest Michigan is … Continued
Having rental properties is a great way to have a steady monthly income. Beginning real estate investors typically stick to rental properties in their own area because they are familiar with the market and can easily check on their properties and make some repairs if necessary. Once you have enough experience and the means to … Continued
You’ve come to the difficult decision to sell your house, but you realize there is some damage to the property. If you don’t have the extra cash to make the repairs before selling, here are 5 tips for selling your house with damage in Southwest Michigan. Tip #1: Include As-Is in Your Listing One way … Continued
Considering starting to invest in real estate? Here are four things you need to do before buying your first investment property in Southwest Michigan. Review Your Credit The first thing you need to do before buying your first investment property in Southwest Michigan is to pull your credit reports because you need to know your … Continued
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