Delayed Financing As an Investor Specialist in the lending world, we are often asked “how can I purchase investment properties without utilizing Private/hard money loans?” Our short answer is “private money loans are the best way to purchase investment real estate.” In all seriousness, there is another route that can save you a lot of money and help you close more deals with lower closing costs, which is what is referred to as Delayed Financing. What is Delayed Financing? Delayed
Real Estate Investing
E-Recording Home Closings: Importance and Benefits You Should Know
One of the most important things after you close on a home is making sure you record items like a Deed of Trust of Assignment of Rents, almost immediately. This lets the state and county know that you are the owner of said property. A decade ago, you would have had to drive to the courthouse, locate the recording division, and wait for someone to assist you in recording your document. Not to mention you would need a check to go along with the number of pages you are filing. But these days you
Accessing Your Investment Property’s Equity: A Guide for Investors
We know as investors, you probably have a lot of questions. That’s why the Blink team is here to help, bringing decades of experience to the table to help answer your most burning questions. Like this one below: Investor Question: We just finished rehabbing our 1st investment property and we’re considering cashing out the equity we’ve built up. Is this something we can do and if so, how much money can we borrow? Lender Answer: Congratulations on completing your
Investment Home vs Primary Home: How It Affects Your Mortgage Options
At Blink, we pride ourselves on being available 24/7 to answer questions for Real Estate Investors, whether seasoned pros at investing or brand-new investors with unique questions. We recently got this question, and in 17 years in the business, I think this was a first, yet a very important question, so read up. Question 1: How does purchasing an investment home before purchasing my primary home impact my primary home loan options? Answer: In short, this likely won’t affect you.
Investment Loans: The Steps You Need to Take
Question: Should I buy this particular investment property with Private Money financing and then refinance to a Conventional loan or obtain a Conventional loan from the beginning? What is my best option? I am interested in a particular investment property and am thinking of using Conventional financing rather than buying it with cash or a Private Money loan. The property is in good shape with the exception of the floors that need to be replaced and the house repainted, all pretty
