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Invest in Property? Yes, You Most Probably Can Afford It!

Many people say they want to invest in property but no where near as many take action and become a real estate investor. Of course there are many reasons that people provide for not taking action – not just in property investing – but in anything that requires some effort. Lack of time, lack of knowledge and lack of money are the big three reasons, or excuses, that are offered.
People people perceive property investing to be only for the wealthy, but in reality many would be investors are in a position to buy now and they don’t even know it! The fact is that many people do not even have a good grasp of their current financial situation in terms of assets, income and expenditure and without this knowledge it is indeed difficult to assess readiness to invest in property.
So in order to help you overcome the ‘reason’ …

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Advantages of Rental Investment Loans

Having rental investment loans are even tougher and more pricey as compared to other sorts of property financial loans for example owner-occupied mortgage which is obtainable in the financial market. Rental investment loans use a larger rate of interest and larger down payment aside from the very strict conditions and terms. One more requirement would be that the borrower also needs to possess a good credit. These facets mentioned above could make rental property loans tougher for borrowers.
Lately, you will discover lenders that have developed a method that could make it possible for them to loan 100% needed capital to borrowers. However, there are conditions in this sort of rental loan system as this can merely be utilized for properties like townhouses, condos, single family housing, and up to 4-unit multi-family home.
Those who want to have a bigger property like a 5-unit or perhaps multi-family residence will have …

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Great Advice on Real Estate Investment

One of the best investments anyone can ever make is investing in real estate. You can never go wrong with real estate investment. Land is one commodity that is always appreciating in value. Purchasing property that is close to social amenities and market drivers can make you earn double or even triple the cost of the property in a few years time. If you do your research, you will find out that most of the wealthy people have invested in property. Investing in land and property is a wonderful thing to do.
Investing in property can make you retire early. For example, if you save enough money to purchase a home, you can be able to rent it out and it will in turn pay your rent and give you a profit. Let us say you purchase property that costs $300,000. You can decide to rent it out and earn …

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New Appraisal Rules and Regulations – HVCC Clarifications

If you have not already heard, as of Friday May 1st 2009, as one industry expert put it, “the complete lending landscape just changed!” To bring that back in from a more macroscopic statement, the way that appraisal are performed for certain types of real estate has changed. Welcome to the new world “after: the introduction of the Home Valuation Code of Conduct (HVCC). The HVCC pertains to mortgage loans (originated from May 1st onward) that are intended for sale to either Fannie Mae or Freddie Mac.

SO REMIND ME AGAIN ABOUT THE HVCC?

Last week’s article went over the Good, Bad and the Ugly of the Home Valuation Code of Conduct, and before I continue I wanted to remind folks of a few things about the HVCC.

According to the Federal Housing Finance Agency (FHFA), the HVCC builds on existing Fannie Mae and Freddie Mac seller-service guidelines to “increase …

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How Does Real Estate Investment Software Make You Money?

Real estate investment software can make money for any agent or investor engaged in real estate investing. First, because it significantly reduces the amount of time it would take for anyone to create a rental property cash flow analysis or marketing package manually. You benefit because the software calculates all the cash flows and key rates of return and then creates the required reports for you automatically.
The investment software knows what data is required to create a sound cash flow analysis and/or marketing report. Just fill in the forms. The program will work behind-the-scenes making the calculations, processing the data, and then post it into the APOD, Proforma Income Statement, Rent Roll, Executive Summary, graphs, and other reports.
There are no formulas to learn, no spreadsheets to format, no calculations to make, and in fact, no functions of real estate investing to understand. So the results are immediate, correct, …