investment property cash out refinance

September 29, 2023
Published by Bryan Hanley at September 29, 2023
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Navigating the World of Retail Commercial Real Estate Deal Financing

Retail Commercial Real Estate Deal Financing
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September 13, 2023
Published by Bryan Hanley at September 13, 2023
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5 Super Effective, Killer, Unique Ways Real Estate Investors Find Deals

Real estate investment is a dynamic and lucrative field that offers numerous opportunities for investors to grow their wealth. However, finding the right deals is often the most challenging aspect of real estate investment. While traditional methods such as working with real estate agents or scouring online listings can be effective, seasoned investors often employ more innovative and unique strategies to discover hidden gems. In this article, we will explore five super effective, killer, and unique ways real estate investors find deals. Driving for Dollars One of the most unconventional yet highly effective methods used by real estate investors is “Driving for Dollars.” This technique involves physically driving through neighborhoods, particularly those with high potential for investment, and scouting properties that appear distressed or neglected. This hands-on approach allows investors to identify opportunities that may not be listed on the […]
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May 5, 2023
Published by Bryan Hanley at May 5, 2023
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What is Freddie Mac Small Balance? (For multifamily 5+ unit properties)

Freddie Mac Small Balance is a lending program offered by Freddie Mac, a government-sponsored enterprise (GSE) that provides liquidity and stability to the U.S. housing market. The Small Balance program is designed to provide financing for smaller, multifamily properties with 5 to 50 units. These properties are typically owned by individuals or small businesses and are often located in less urban areas. The program offers competitive interest rates, fixed or floating-rate loan options, and flexible loan terms to eligible borrowers. It also includes streamlined underwriting and financing processes, which can make it easier for borrowers to obtain financing for their properties. Overall, Freddie Mac’s Small Balance program provides an important source of financing for small multifamily property owners, helping to support the availability of affordable rental housing in the United States. The maximum loan amount that can be borrowed through […]
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April 27, 2023
Which cities have rent control
Published by Bryan Hanley at April 27, 2023
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Which Cities Have Rent Control?

There are many cities in the US that have some form of rent control, although the specifics of the policies can vary widely. Here is a list of some of the major cities with rent control policies: New York City, NY San Francisco, CA Los Angeles, CA Washington, D.C. Berkeley, CA Santa Monica, CA West Hollywood, CA Oakland, CA San Jose, CA East Palo Alto, CA Richmond, CA Hayward, CA Los Gatos, CA San Diego, CA Cambridge, MA Somerville, MA Brookline, MA Cambridge, MA Boston, MA Portland, OR Portland, ME It’s important to note that rent control policies are often subject to change and can vary in their specifics from city to city. Additionally, some cities may have other forms of tenant protection laws, such as just cause eviction ordinances, that provide additional protections to renters. Mortgage Rates Calculate Your […]
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April 25, 2023
How To Calculate DSCR
Published by Bryan Hanley at April 25, 2023
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How to Calculate DSCR: A Simple Guide for the Savvy-ish Investor

Are you a real estate investor who’s a bit confused about what DSCR is and how to calculate it? Don’t worry, you’re not alone. DSCR (Debt Service Coverage Ratio) can seem like a complicated financial metric that only the most mathematically gifted investors can understand. But fear not! With a little bit of humor and a lot of patience, we’re going to break it down for you. First things first, let’s define what DSCR actually is. In simple terms, DSCR measures a property’s ability to generate enough income to cover its debt obligations. Essentially, it’s a way to determine if a property is generating enough cash flow to pay its mortgage and other debt obligations. This ratio is important for lenders to assess a borrower’s ability to repay a loan, and for investors to assess the profitability of a potential […]
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October 5, 2022
Published by Bryan Hanley at October 5, 2022
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How to Cash-out Refinance Investment on Your Property: A Step-by-step Guide

Real property is known to be a good investment because historically, its prices are on the up and up. When value appreciates, so does the profit of real estate investors. With that in mind, real property investors should always be on the lookout for ways to expand their real estate portfolio. Cash-out refinancing is one way to do that. What is Cash-out Refinancing? Cash-out refinancing is the process of taking out another mortgage to “finance again” the property. With a refinancing, you can convert your home equity into cash, which can then be used for various things. Since we are talking about property investments, then that cash can be used as a down payment for another property, hence expanding your real estate portfolio. When you apply for a new mortgage, it has to be larger than the balance of the […]
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October 5, 2022
Published by Bryan Hanley at October 5, 2022
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Investment Property Mortgage Rates

Real estate is always regarded as a profitable investment. Initially, income from investment properties was considered a secondary source of income. However, they can now be sufficiently profitable to serve as a primary source of income. This means you can consider making a direct living out of it. But, there is a catch, and that drawback is that investment property loans have higher interest rates, which makes them more challenging to obtain.  One of the various methods to provide income and long-term wealth is purchasing an investment property, often known as an income or rental property. As with any investment, there are dangers associated with purchasing and owning this kind of property, and financing requirements differ considerably from those for a permanent house. The interest rates that lenders charge on loans for investment properties are known as Investment Property Mortgage Rates. […]
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October 4, 2022
Published by Bryan Hanley at October 4, 2022
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Best way to get a mortgage for investment properties over $5,000,000

Owning an investment property provides an excellent opportunity to make money from real estate. However, getting an investment property requires a lot of financing and is, thus, mostly funded through mortgages. Getting a mortgage for an investment property is quite difficult already. But when it comes to investment properties over $5 million, it’s almost mission impossible. However, there are ways around it – there are effective ways to get mortgages for that luxurious property, whether you’re an individual or a group. This piece expires some of those ways. What qualifies as an Investment Property? A real estate property is considered an investment property if it was purchased to make a profit through rental income, potential resale, or both. Investment properties may be owned by an individual investor, investment firm, or corporation. These properties may be held for the long term […]
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October 4, 2022
Published by Bryan Hanley at October 4, 2022
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Best way to get a Mortgage for a Home Over $2,000,000

Many consider a two-million dollar property to be expensive, and it is. Obviously, the housing market is robust right now and will most likely remain so for some time. In light of this, purchasing a home for $2,000,000 or more is sensible if you have the means. And besides, price and rent increases are certain to continue due to inflation. Generally, you shouldn’t spend more than three times your annual gross income on a property. Helping people make responsible purchases is a component of the 30/30/3 rule for acquiring a property. Consequently, you must earn a minimum of $667,000 annually to purchase a $2 million home. You should also have sufficient money for a 20% down payment, or $400,000, and an additional $100,000 in cash reserves just in case of any unforeseen event. With the current cheap mortgage rates, you can […]
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September 29, 2022
Published by Bryan Hanley at September 29, 2022
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Converting Primary Residence to Rental Property Mortgage

If you’re reading this, you may be planning to monetize your primary residence. Of course, there are many tremendous advantages to turning your primary home into a rental property, but there are a few things you should be aware of before you make the switch.  First, you must verify that you adhere to the guidelines set forth by your mortgage company before posting a “For Rent” sign in your yard. When purchasing a primary house, home purchasers get a better deal whether they choose a conventional loan or a government-backed FHA, USDA, or VA loan. When borrowers intend to reside in the property, they can lock in cheaper interest rates and smaller down payments. Additionally, government-backed loans like those offered by the USDA, VA, and FHA only apply to the purchase of principal residences. A second house or investment property […]
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