» 8 Actions to Take with Potential Real Estate Scam Artists! » Posted by Realestator
Lately, everytime I read the news, I’m seeing a story about another case of Real Estate Fraud. - Investor kills his partner to cover up trying to have a non-existent person buy their investment property when the bank got wise - Couple makes offers on $4 million dollar homes with fake checks and i.d.’s These are just a couple of the stories I have seen in the last three days! It makes you realize that if you are going to be investing with partners, or if you will be buying or selling property directly from another individual, then you’ll need some Techniques to avoid endangering yourself or being in the middle of a Real Estate Scam. 1. Always Ask for I.D. I use this Read More
» Freddie Mac Makes Real Estate Investment Loans Harder to Get » Posted by Realestator
In an effort to stop the bleeding, Freddie Mac is punishing the wrong group of people by making Real Estate Investment Loans harder to get. On April 22, 2008, the lender issued a bulletin announcing tightening restrictions on any loans that take effect after August 8, 2008 for the financing of second-home and investment real estate purchases. In the case of second-home buyers, purchasers who have “individual or joint ownership” interests in multiple properties will be ineligible for new mortgages through Freddie Mac if they have ownership interests in more than four properties securing debt, including the one they propose to finance. Similarly, investment property loans for Read More
» Wanna Be Investors Ask “What is Cash Flow?” » Posted by Realestator
If you were to search for the phrase “What is Cash Flow” on the internet, you would notice a staggering 4,010,000 search results returned. It stands to reason that a lot of investors, whether they are buying real estate, a business, or some other asset, do not understand what it is. One can also infer that if people don’t know what it is, then they probably don’t know how to perform a Cash Flow Calculation. If you are going to be investing in real estate, for example, then knowing how to do this will mean great success. Not knowing will bring you many sleepless nights and potential financial ruin. Real Estate Cash Flow is quite a simple formula, actually. + Read More
» Use Real Estate Investing Forums to Build Your Network » Posted by Realestator
I joined some Real Estate Investing Forums just to sit back and see what I could learn, mostly about investing in properties in different areas of the country. To my surprise, I’ve learned much more than I ever thought I would, and yesterday, I was referred to someone who I feel will become a huge part of my real estate network. My primary goal in the forum has been achieved. I gained much insight as to what areas are good, which areas are not, and what to look out for (like high property tax rates and unemployment, pro-tenant cities, and real estate scams that are taking place). What I didn’t except was to find a resource to help me build my real estate network in different Read More
» Servicemembers Civil Relief Act » Posted by Realestator
All real estate investors should know about the Servicemembers Civil Relief Act. What is it? Basically, it applies to any active duty military personnel. Individuals who had a mortgage or rental lease obligation prior to enlistment or prior to being ordered to active duty are given certain concessions upon returning to active duty. The Soldiers and Sailors Relief Act limits interest paid on mortgages by active-duty military to 6 percent. This applies to all lenders, so if you are a hard-money lender or a seller who carried back a note for a reservist, and they are called back to active duty, your cash flow could dry up or be significantly impacted for the duration of their active duty Read More
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Real Estate Investing Tips for beginning or seasoned investors. Check back often for the latest advice, support and products to help you in your investing business. -
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