Reading Time: 4 minutes You found a property you think will make a good investment, but it’s a bank-owned property. What will this mean if you are interested in acquiring it? The price is discounted so you know that there will be a lot of competing offers and you’ll want yours to stand out.
Reading Time: 11 minutes Buying a house is one of the most important financial decisions a person can make. In most cases, a 30-year mortgage will be used to finance the purchase of a home, representing the longest financial commitment possible for most American people. Given the weight of this particular decision, it makes
Reading Time: 7 minutes New York City real estate is not typically the first option that jumps to mind when investors are looking for properties to buy. While the Big Apple is known for high demand, real estate here has been historically overpriced and unlikely to be budget-friendly. The secret to investing in NYC
Reading Time: 3 minutes Buying a house in foreclosure seems like a steal. You get a great deal, or at least it seems that way, but is it as good as it sounds? Let’s dive into the pros and cons of buying a foreclosed house. What Is A Foreclosure? First, understand what a foreclosed
Reading Time: 3 minutes Most rental homes are single-family homes, but what about condos? Are condos a good fix and flip investment or should you steer clear instead? Many new investors start by flipping condos because of their affordability but naturally wonder if it’s a smart decision and more funds can be earned elsewhere.
Reading Time: 7 minutes Real estate investors looking for affordable properties to buy will often include foreclosed homes in their targets. These are pre-owned homes that have been repossessed by the bank and put on auction for a variety of reasons, and some hold significant potential for investment. Foreclosed homes can make for a
Reading Time: 3 minutes The pandemic put many people in a difficult situation. Job loss, fewer hours, or less business-led to lower-income, making it harder to get by. Many people resorted to credit cards during that time, but now wonder how they’ll get out of it. Whether your credit card debt is due to
Reading Time: 9 minutes Quick Summary REIT stands for Real Estate Investment Trust. It is similar to a mutual fund, except that instead of pooling money to purchase stocks and bonds, the primary focus of a REIT is to acquire income-producing commercial properties. Crucially, REITs are required to distribute 90% of all taxable income
Reading Time: 7 minutes There are many different types of real estate investments, and not all of them involve buying normal houses. In the current economy, your money might be better spent elsewhere, such as buying a condo instead. Popular with all kinds of crowds, condos can be highly attractive to a variety of
Reading Time: 8 minutes Quick Summary The MLS is an exclusive listing database created and used by brokers and realtors You’ll need a real estate license to sign up and to pay for a monthly membership There are alternatives to the MLS that are open to the general public Table of Contents Those who
Terms of Service | Privacy Policy
©2020 – New Silver Lending LLC | All right reserved
