One of the resources I’ve begun using as I’ve waded into the waters of real estate investing is an organization called BiggerPockets, which was created to encourage real estate investment by building a community and disseminating educational and other information about how to go about real estate investment. Probably the biggest hurdle (outside of having…
The past 20 years of my career (pretty much my entire career) have been spent primarily building online businesses, including projects like this website. I’ve had more success earning money than I could have ever imagined when I started close 20 years ago, but I have had this nagging feeling throughout the last 10-15 years…
Normally, when someone purchases a home in Utah, the transaction is initiated using a real estate purchase contract, or REPC. In the majority of home purchases, the home is already constructed and is usually being lived in. The standard REPC document is designed to facilitate the buyer’s offer to purchase, the seller’s acceptance, and several…
My excitement at buying an investment property ran into a snag one morning when I attempted to send over a wire to pay for the property. Chase bank places has a limit on how much can be wired from a personal account. As any investor knows, when closing day comes, having the funds available to…
For several years, I’ve been interested in getting into real estate investing. My internet businesses have done well enough for me to save up some cash that I can use to start looking at properties and getting my feet wet with some real estate investments. I’ve been looking at purchasing some property in Tennessee recently…
The majority real estate transactions involve at least one real estate agent. Often, the seller of a piece of property hires an agent to represent his interests in selling the property for the highest price possible while striving to achieve the best terms for the seller. For a buyer or real estate, an agent is…
Living in Tennessee is a good decision for lots of reasons. There are several great places to call home in the Volunteer State. Whether you choose to live in some of the more populated areas around Nashville, Memphis, Knoxville, Chattanooga, and other thriving Tennessee municipalities, or if you prefer the country life in small towns…
One of the primary factors lenders consider when you apply for a mortgage is your credit score. They normally use what’s called a FICO score, which is a number that ranges between 300 and 850. Lenders use this number to assess your trustworthiness, as it represents your recent and extended credit history. How you have…
FHA Loan Debt to Income (DTI) Ratio Guidelines FHA loans allow first time home buyers and others who are just starting out or who may be financially disadvantaged to purchase homes through a government assisted program that differs from conventional loans. To qualify for an FHA loan, the Federal Housing Authority requires that you meet…
Article Summary The current housing market in the US has made its way back to pre-Great Recession levels. Interest rates are rising, which will tend to cool off the increasing housing prices. Significant factors that will cause a market correction in the next two years include the Federal Reserve’s monetary policy and tightening of credit…