Understanding Fixed and Reverse Loans Before looking for the right lender, it is important to understand fixed and reverse loans. These loans are specifically designed for real estate investors who want to buy, renovate and sell a property in a relatively short period of time. Fixed and flip loans generally have higher interest rates and … Read more
Ohio Hard Money Loans Gain Popularity as Investors Seek Faster Funding The Ohio real estate market is seeing a growing popularity of hard money loans as investors seek faster and more flexible financing options. Hard money loans are becoming more prevalent in the state, providing a lifeline to real estate investors who need quick access … Read more
3. Cross the city Traverse City is a scenic destination nestled in northern Michigan. The city’s natural beauty, including the stunning Lake Michigan coastline, makes it an attractive market for vacation rentals and year-round accommodations. The area offers opportunities for waterfront properties, vacation homes and properties catering to the tourism industry. The median home listing … Read more
Types of Home Loans that are Beneficial for Tennessee Real Estate Investors DSCR (Debt Service Coverage Ratio) Loans: DSCR loans, which qualify investors based on property cash flow rather than personal income, are ideal for Tennessee investors managing multiple properties or heavily rental portfolios. Hard Money Loans: Hard money loans are useful for repair and … Read more
Drummond, a former TD economist who advised Canadian prime ministers, believes the ultra-low rates of the last decade were an aberration. “Many people, for many years, have said that rock-bottom interest rates are the new normal. I never believed that,” he said at the Mortgage Professionals of Canada national conference last month. “Obviously it was … Read more
This article aims to provide a detailed and informative guide for real estate investors looking to quickly obtain a debt service coverage ratio (DSCR) loan in Florida. We’ll explore the benefits of DSCR loans, how they work, how DSCR is calculated, eligibility requirements, and the application process. By the end of this guide, you will … Read more
By Lyndsay Armstrong And while the health care system is still struggling – more than 145,114 people are waiting for a family doctor – the affordability crisis has risen to the top of the priority list for voters who want to compete with family care. health for the main issue before the elections of November … Read more
By Jack Farrell Paying and receiving interest is prohibited in the Islamic faith under Sharia law, meaning traditional interest-based mortgages are not an option for many Muslims in Canada. A few private lending companies, such as Edmonton-based Canadian Halal Financing Corp., currently offer alternative financing plans that do not include interest payments, but these alternatives … Read more
By Sammy Hudes The council said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent from 4,611 in the same month last year. Sales increased 14% from September on a seasonally adjusted basis. The average sales price increased 1.1% from a year earlier to $1,135,215. The composite reference price, … Read more
Farming isn’t just a job: it’s a livelihood and the cornerstone of Canada’s food supply. Recognizing the unique challenges farmers face, Farm Credit Canada (FCC) has committed $60 million to Glengarry Farm Finance Corporation, with the goal of providing farmers with the financial flexibility needed to overcome temporary setbacks and maintain their thriving operations. . … Read more