What are the Best Loans for Financing Investment Properties?

qualify for mortgage

Rental properties are great way to invest your money, but qualifying for a loan on an investment property is not always easy. Loans on investment properties are much more difficult to get than a loan on an owner-occupied home, and it will cost you more money as well. Many banks consider investor loans riskier than … Read more

How Does the FHA 90-Day Flip Rule Work?

fix and flip from direct marketing

The 90-day FHA flip rule has caused me delays on a few flips this year. The rule basically says that FHA financing is not allowed on a house for new buyers that was purchased fewer than 91 days ago by the current owner. If you buy a house, fix it up, and try to sell … Read more

How Long Does it Take to Renovate a House?

how long does it take to remodel a home

I fix and flip a lot of houses (over 180 to this point), and I have bought 24 rentals. One of the most often-asked questions I hear is how long does it take to remodel a house. This is a hard question to answer because every house and situation is different. A small remodel job … Read more

How to Buy & Finance a House that Needs Repairs

taxes on flips

Houses that need repairs often can be bought below market value. I base my investing strategy on buying houses below market value and financing those properties, which is not always easy. When you buy a home that needs repairs, many lenders will not lend on that house if the repairs affect the livability of the … Read more

Should You Buy a House Located on a Busy Street?

flip on busy street

As an investor, I have bought a few houses that were located on busy streets. I have bought houses that backed up to a busy street and houses that fronted a busy street. Often, houses on busy streets are much cheaper than similar houses on quiet streets. There is a reason those houses are cheaper: … Read more

How Much Money do you Need to Buy a Rental Property?

cost to buy a rental

One of the biggest roadblocks to investing in rental properties is the money required to buy a rental property. I believe buying rental properties is one of the best investments for increasing wealth and creating passive income. I am relying on my rental properties to give me enough income for retirement as well as offer … Read more

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[ Inside Real Estate Investing ]