Posts filed under: Mortgages & Creative Financing

Mortgages & Creative Financing

Second Mortgage: What It Is & How It Works

In this article Second mortgages allow investors to tap into the equity of their existing property holdings. Many investors cash out equity in their rental properties to make other investments. You can use a second mortgage in many ways, including property... Read More

How Much Does It Cost to Refinance a Mortgage in 2023?

In this article Are you considering a mortgage refinance but unsure of the costs? Refinancing your mortgage can save you thousands of dollars in the long term. When refinancing, negotiating lower interest rates, tapping into property equity, or shortening the loan... Read More

BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?

In this article This article is presented by Easy Street Capital. Read our editorial guidelines for more information. The BRRRR method of real estate investing continues to be one of the most-used strategies in 2023. With interest rates elevated yet property values remaining resilient,... Read More

DSCR Loans: The Short-Term Rental Investor’s Secret Weapon to Scaling Their Business

In this article When it comes to investing in real estate, securing the right type of financing plays a crucial role in any successful transaction. This principle holds even more truth for investors aspiring to venture into the short-term rental space—a burgeoning... Read More

Bridge Loan: What Is It & How Does It Work?

In this article While real estate is often a significant investment, it also often requires you to move quickly to obtain great properties. Moving quickly, however, can be difficult, especially if you’re working as an investor and you have funds tied... Read More

How to Calculate Your Mortgage Payment (an Easy Mortgage Formula)

In this article You can leverage your real estate investments by borrowing money to afford a higher purchase price. Knowing how to calculate a mortgage payment is important to make significant business decisions when adding to your real estate portfolio. Typical Costs... Read More

Loan-to-Value Ratio (LTV): What Is It & How to Calculate It

In this article The loan-to-value (LTV) ratio is a key metric mortgage lenders use to assess their risk of lending you money. Most lenders use the LTV ratio, credit score, debt-to-income ratio, interest rate, and property value when processing your mortgage... Read More

What Documents Do You Need for a DSCR Loan?

In this article This article is presented by Easy Street Capital. Read our editorial guidelines for more information. DSCR loans, while still a relatively new product, continue to expand in use and popularity for investors looking to achieve financial freedom through real estate. Throughout... Read More

Buying a House With an LLC: Pros & Cons

In this article Buying a house with an LLC has many benefits for real estate investors. When the limited liability company owns the property, you can access tax benefits and asset protection. You may also find it easier to partner with... Read More

HELOC vs Home Equity Loan: Pros & Cons For Investors

In this article Choosing between a HELOC vs. home equity loan is a big decision. HELOCs have variable interest rates and home equity loans have fixed rates, but that’s not the only difference. Check out how they compare to see which makes... Read More