Posts by Tom Tinsley
Hard Money
Property flipping can be a successful company, but it costs money to earn money. Hard money loans can help with that. These loans are a well-liked source of capital for property investors wishing to buy, repair, and resell homes. Rather than traditional banks or financial institutions, individual investors or small lending companies generally make hard…
Read MorePrivate Money
It can be challenging to come up with the cash necessary to buy a house, but investing in real estate is a terrific way to increase your wealth. Getting private funding from people or organizations eager to invest in your real estate ventures is one option. The following advice can help you find private funding…
Read MoreCreative Financing
Creative Financing: Top 5 Options for Real Estate Investors Real estate investing can be a great way to build wealth, but it can also be difficult to come up with the funds to purchase a property. Fortunately, there are a number of creative financing options that investors can use to get into the market. In…
Read MoreADA Compliance
Renting real estate must be ADA compliant in order to guarantee that people with disabilities have equal access to housing options. A federal legislation known as the Americans with Disabilities Act (ADA) forbids discrimination against people with disabilities in all spheres of public life, including the rental housing industry. Rental housing providers are required under…
Read MoreESA Compliance
ESA compliance is an essential consideration for real estate professionals, as it pertains to the use of electronic signatures and records in the buying and selling of properties. The Electronic Signatures in Global and National Commerce Act (ESA) is a federal law that regulates the use of electronic signatures and records, and it is crucial…
Read MoreJumbo Loans
How to finance the purchase of a home is among the most crucial decisions you’ll have to make. A jumbo loan can be the best option for those wishing to buy a more expensive piece of real estate. What are the specifics of a jumbo loan, as well as its benefits and drawbacks? Mortgage loans…
Read MoreAdjustable-rate Mortgage (ARM)
A house loan with an adjustable rate of interest (ARM) allows the interest rate to fluctuate over time. This contrasts with a fixed-rate mortgage, where the interest rate stays the same throughout the loan’s term. One of an ARM’s key benefits is that in the initial years of the loan, the interest rate may be…
Read MoreFixed Rate Mortgage
In a fixed-rate mortgage, which normally has a length of 15 or 30 years, the interest rate is fixed for the duration of the loan. Due to the fact that the mortgage payments are fixed regardless of interest rate changes, this sort of mortgage gives house owners a sense of security and predictability. The flexibility…
Read MoreInterest Only Loan
In an interest-only mortgage, the borrower only pays the interest on the loan for a set amount of time, often 5 to 10 years. During this time, the borrower makes no principal payments, therefore the loan sum stays the same. Some borrowers may find interest-only mortgages tempting because the monthly payments are less than those…
Read MoreBalloon Mortgages
A balloon mortgage is a form of mortgage that features a brief fixed-rate period, often lasting 5-7 years, followed by a longer period with an adjustable rate. The term “balloon” alludes to the fact that at the end of the brief term, the entire loan debt is payable, or “balloons.” The fact that the monthly…
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