Search results “Purchase refinance a home”
How To Use Equity To Buy Investment Property | Property Investing | Mortgage Finance / Refinance
How to use equity finance (Refinance) to buy investment property DOWNLOAD FREE CHECKLIST: https://yourfirstfourhouses.com/ Equity is the difference between what your property is worth MINUS your mortgage and in today's, I talk through how you can use that equity to buy investment property (Real Estate). If you want to learn how to invest in property, or if you want to build a property portfolio of you own, be sure to download the above property investing checklist, because in there I give you a detailed list of everything I think you need to consider BEFORE buying that first investment property. You are also welcome to download my FREE list of every property related website tool and app you'll need in your property business here: https://goo.gl/qtvdQb If you're thinking of releasing the equity from your property to buy an investment property, I would love to hear from you in the comments section below I wish you every success... Tony Law - Your First Four Houses :-) PS. There are some great opportunities in the property market right now!
Views: 56528 Your First Four Houses
Should I Get a Home Equity Loan or a Cash-Out Refinance to Buy a New Property? [#AskBP 078]
http://www.biggerpockets.com/askbp078 On this episode of the #AskBP Podcast, Brandon shares his advice for a listener who isn't sure what the best loan product to pursue for his new property. Discover the major reason Brandon would choose one of those options over the other!
Views: 55251 BiggerPockets
How to Refinance a Rental Property
How to Refinance a Rental Property Have you ever wondered how to refinance a rental property in order to exponentially grow your portfolio and increase your cash flow? If so, today’s video is for you! I’m going to explain exactly how to pull the equity out of your real estate investments. In this video, I’ll walk you through the four steps you need to put in action in order to refinance your rental property. I’ll talk about identifying the right bank, finding the right loan, and more! You’ll learn exactly what you need to do to refinance, and how to find your best options. You’ll also learn how much to expect from your refinance, and the importance of shopping for your financial product locally. How to Hire an Appraiser: https://goo.gl/i5Z6mX How to Fight a Bad Appraisal: https://goo.gl/nUv6va BOOK A FREE CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/DNIIh0 CHECK OUT OUR OTHER GREAT VIDEO PLAYLISTS LIKE: VIDEOS ABOUT TURNKEY REAL ESTATE INVESTING: https://goo.gl/1bGEhB OR VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://goo.gl/dPfWeY OR VIDEOS ABOUT REAL ESTATE NEWS https://goo.gl/m1b3U8 SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://goo.gl/Polf6I LISTEN TO THE PODCAST: iTunes: https://goo.gl/vM969n FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 50721 Morris Invest
Cash Out Refinance?
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 50024 The Dave Ramsey Show
In part 2 of the Real Estate 2019 series where we follow along the process that goes into how to buy a house that will be used as an investment property / rental property, Matthew Pillmore, president of VIP Financial Education, talks about the benefits that a HELOC or Home Equity Line of Credit can give you as opposed to a Cash Out Refinance (or cash out refi). Follow along as Matt talks with the bank that will be giving this debt weapon, the application and approval process that goes into attaining a non-owner occupied home equity loan. In this video a you'll find a cash out refinance explained along with some of the key stipulations that go along with a non owner occupied heloc when it comes to rental properties. Some of the concepts in today's episode fit along with Robert Kiyosaki Real Estate concepts...but they go even further... This is part 2 of the series, so stay tuned as the process moves forward -we'll keep you in the loop! Don't forget to sign up TODAY for your exclusive one on one consultation at: http://www.FreeCoachingCalendar.com Videos Mentioned in This Episode Include: REAL ESTATE 2019 PART 1: https://www.youtube.com/watch?v=lyY75wyw2TI WHY I LOVE HELOCS: https://www.youtube.com/watch?v=NxKzaLEQCpQ HOW TO PAY OFF A HOME FAST!: https://www.youtube.com/watch?v=G7-Ri09fNcI RICH DAD POOR DAD REVIEW: https://www.youtube.com/watch?v=MawPqFlmG_4 HOW I LOST $150,000 IN A DAY!: https://www.youtube.com/watch?v=2l-DkUL5Oss WHAT ARE DEBT WEAPONS?: https://www.youtube.com/watch?v=ANHhH0ECUZI BEST RESOURCES FOR AFFILIATE INCOME: https://www.youtube.com/watch?v=NLZ7qWNvIQw Our coaching costs can change with demand. To see our current pricing please watch this video: https://www.youtube.com/watch?v=HbVLmCvFjoI Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds. Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe!! Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45hHuqWfdi7TIZg0RDG9_g Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Instagram - https://www.instagram.com/vipfinancialed/ Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ CONTEST RULES: In order to be eligible for the ongoing contests you must: A) Be Subscribed B) Comment on this video CONTEST PRIZE: $25 Amazon Gift Card 1 winner selected each week to the end of 2018. Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content. #RealEstate2019 #HELOC #CashOutRefi #HowToBuyAHouse
Views: 5720 VIPFinancialEd
Using Equity to Buy an Investment Property
Understand what equity is and find out how to access equity in your home and use it to purchase an investment property.
Views: 374148 GavinMChoice
Cash Out Refinance Strategy For Investing in Rental Property
Join our community for investors @ www.rentalrookie.com/join We share with you how the cash out refinance strategy can help you buy your 1st rental property or grow your rental portfolio. We've used it ourselves to where we have infinite ROIs on two properties and were able to use the cash to roll into another property.
Views: 9778 RentalRookie
Cash Out Refinance: How does the repeat in BRRRR Real Estate Investing Method work?
So after the two video's I did last week on BRRRR strategy or Cash Out Refi - it seemed like there was still some confusion - Hoping this video presents things in a clear manner for everyone! What is the BRRRR real estate investing strategy? How can you use the BRRRR investing strategy to make money in real estate? This strategy may also be known as a cash out refinance. BRRRR is a term coined by bigger pockets. It stands for: BUY RENOVATE RENT REFINANCE REPEAT When BRRRRing a property you purchase a distressed or underutilized property, improve it through strategic renovations, then rent it out for a higher value - now because you've improved the property through the renovations + increased rents - you can now have it reappraised and pull out the new equity you've created. Want to read the book that inspired Matt to get into real estate investing: http://amzn.to/2y7aCqg In this video (and the next one) Matt walks you through a real life example of the BRRRR investing strategy in action! And shows you exactly how to calculate a successful BRRRR investment! Early Retirement Extreme: http://amzn.to/2xNamN1 Think and Grow Rich: http://amzn.to/2xMLVPU http://earlyretirementextreme.com/ At Early Retirement Extreme Jacob goes indepth into the theory behind how to retire within 5 years. Mr Money Mustache: http://www.mrmoneymustache.com/ and the amazing article that discusses the 4% safe withdrawal rate and the trinity study: http://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ Matt McKeever Facebook: http://www.facebook.com/fieh.ca Instagram: http://www.instagram.com/mattmckeever85 Twitter: https://twitter.com/mattmckeever85 SUBSCRIBE: https://www.youtube.com/channel/UCdRtqnqBSq4GY7DGiYICu5g?sub_confirmation=1 Bigger Pockets: https://www.biggerpockets.com/users/MattMcK Website: http://www.fieh.ca Matt McKeever is a CPA, CA and Real Estate Entrepreneur in London, Ontario. On this YouTube Channel Matt will walk the viewer through how to invest in real estate using such strategies as the BRRRR method while also documenting his personal experience as a real estate investor. Matt began investing in real estate at age 25 by purchasing a student rental near Fanshawe College. In 2016 he's acquired over 25 units. As well on this channel Matt will share his personal monthly spending and discuss the strategies and tactics needed to reach financial independence (retire early) at a young age. We’ll discuss such topics as safe withdrawal rates, how to build passive income streams and how to reduce your personal consumption BACK IN SUMMER by Nicolai Heidlas Music https://soundcloud.com/nicolai-heidlas Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music provided by Audio Library https://youtu.be/sGsC98vR4Q4
Views: 24636 Matt McKeever
How to Buy UK Property with NO MONEY | Samuel Leeds
How to Buy UK Property with NO MONEY DOWN - if you would like to be able to buy properties in the UK with no money down (NMD) or not use any of your own money, these 4 ways to invest in UK property will help you. These are some of the best ways you can invest in property in the UK today. Share this video https://www.youtube.com/watch?v=8XoOaz1K1mo To spend two days with me at the Property Investors Crash Course, claim your FREE ticket at: https://www.property-investors.co.uk 0:30 People always ask me "Can you REALLY buy property using no money?" - In this video I prove that it is possible and give you some real life examples of how to do it! I have done all 4 ways in this video. And not only that, I've helped many of my students do exactly the same thing that I've done successfully. 0:50 The first step is to be open minded. So many people don't believe they can buy a house for no money, and this is the biggest obstacle for them. People have been buying businesses for years, using different types of agreements. So you can either not believe me, or you can take this information and use it to buy and invest in property in the UK. 1:15 The first way is Lease Option Agreement. This means you buy a property today but pay for it later. This means you can have a free loan to invest in the property in the UK for anywhere up to 5 years. And the beauty is that at the end of that 5 years, you don't have to buy the property. 2:15 The 2nd way is Property Investment Joint Ventures. This is where 2 people come together, each bringing 50% of value each and they do a joint venture together in the deal. When you're doing a Joint Venture, you both have to bring 50:50 Value, but you don't have to bring 50:50 Money! (Make sure to watch more here to see what you can bring to the deal beside cash) 3:45 You can't be successful in property investing with no money, no time, no creativity, no implementation, etc. You have to bring something to the table, especially in Joint Venture property investments. 4:00 The 3rd way is by using other people's money. If you know how to buy a property in the UK and get a 20% return on investment (ROI) and you know someone who has £100,000 sat in the bank doing nothing, this is the perfect opportunity for you to leverage that and invest in properties when you get a great return on investment like that. You give them a fixed return on their money, and you keep the rest for yourself. (Make sure to watch this section on the different places you can get money if you don't know someone who has money you can use) 5:25 the 4th way of buying a property is by buying the property, adding value to that property and then refinancing the property. You don't need much money to start with, as you can get a bridging loan. Some of my students are doing this very method right now to buy properties in the UK and are having great success with it. They're getting a bridging loan with strategies I give them, add value to the property, and then refinance with a different lender and pay off all the debt and they've got a property that they've put no money down for. To receive access to exclusive packaged property deals, please visit: https://www.property-investors.co.uk/packaged-deals Subscribe to this Channel: https://www.youtube.com/SamuelLeeds?sub_confirmation=1 More Resources: How To Start Investing In Property: https://www.youtube.com/watch?v=fD72LIRCoRw&list=PL2pwVLNuxBo-6LAqip-DiNmNpDlmfxx9A How To Buy Property Below Market Value: https://www.youtube.com/watch?v=QsSE16fz7ws&index=3&list=PL2pwVLNuxBo9-mqWRERxqIkXpsXXnhzBP How To Buy A House with No Money Down: https://www.youtube.com/watch?v=8XoOaz1K1mo&index=3&list=PL2pwVLNuxBo8LdQHChi5Vdymq6oHgZz0t&t=0s How To Finance Property Deals: https://www.youtube.com/watch?v=3DIStoRbaFE&list=PL2pwVLNuxBo9mQlt-GMmjUHPgm5GRtjZe FOLLOW ME on social media: Facebook: https://www.facebook.com/groups/778613042238071 Instagram: https://www.instagram.com/leeds.samuel/ LinkedIn: https://www.linkedin.com/in/samuel-leeds-64660683 How to Buy UK Property with NO MONEY DOWN
Views: 107985 Samuel Leeds
Cash Out Refinances on Rental Properties
Cash Out Refinances on Rental Properties In order to finance your rental property, you might automatically consider a traditional mortgage. However, there’s another banking product that banks love to offer—cash out refinances. Particularly on a rental property, banks are apt to approve these loans. In today’s video, I’ll discuss why it’s easy to qualify for a cash out refinance on a rental property. I’ll share the three major reasons why banks love to work with investors on cash out refinances. You’ll learn about why cash flow matters to banks, and the importance of having skin in the game. I’ll share why most banks, particularly local banks, would love to work with you on a cash out refinance. BOOK A FREE CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/DNIIh0 CHECK OUT OUR OTHER GREAT VIDEO PLAYLISTS LIKE: VIDEOS ABOUT TURNKEY REAL ESTATE INVESTING: https://goo.gl/1bGEhB OR VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://goo.gl/dPfWeY OR VIDEOS ABOUT REAL ESTATE NEWS https://goo.gl/m1b3U8 SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://goo.gl/Polf6I LISTEN TO THE PODCAST: iTunes: https://goo.gl/vM969n FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 19059 Morris Invest
Cash Out Refinance - Investing In Real Estate Using Cash Out Refinancing - REIClub.com
http://www.REIClub.com Cash Out Refinancing Has It's Pros and Cons. Here's a Video on How A Cash Out Refinance Works for Real Estate Investors... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got a quick video on cash out refinancing, and using that money to invest in real estate. Cash-out Refinance vs. Home Equity Loan Home Equity Loan - separate loan on top of your first mortgage (2nd mortgage), but keeps existing rates Cash-out Refinance - replaces your first mortgage, at better rates (if possible), borrow more than you owe A cash-out refinance allows a homeowner to access the equity of their home. For example, the home's value is $100,000 and the current loan balance is $50,000. The homeowner would like to have $20,000. The home could be refinanced for $70,000. The old mortgage would take $50,000 of the financed amount to pay it off, and the homeowner would receive the other $20,000. The payment on the new mortgage would be based on current rates and closing costs? Pros - low cost way to borrow money from property you own - get better interest rates and terms - Improves cash flow by securing lower monthly payments only during low rates - Build equity faster - secure shorter loan term or could be longer depending on circumstance - Improve your credit - consolidate debt, pay bills - College tuition - Down payment for an investment property - nets cashflow - Use it on home improvements to increase property value - Tax Benefits - mortgage interest is tax-deductible - Not having to pay two loans like a Home Equity Loan Cons - Fees - hundreds to thousands in closing costs - depends on credit score and equity in property - Sometimes you're paying more on fees than money borrowed - Longer time to pay off your mortgage - extending loan - If property values drop, lose the equity you borrowed on - Harder on you when you sell - AVOID NEGATIVE AMORTIZATION LOANS IF STILL AVAILABLE - LESS LENDERS AVAILABLE TO MAKE THESE LOANS NOWADAYS - HARDER TO QUALIFY NOW - RISING INTEREST RATE ENVIRONMENT NOW Disclaimer: Cash-out refinancing may not be suitable for everyone. It does depend on your current financial situation, and still best to consult with a banker, or mortgage professional to assure that this is an option for you. With any mortgage refinance, it is important to understand the costs involved. Not just your monthly payments, but your terms and interests rates too because that's where they get ya. It's important to avoid serial refinancing your mortgage if at all possible. Because if you're not paying attention, you could land yourself in a negative equity position. That's why a refinance should really only be reserved for times of great need, or in times when rates are simply too good to pass up. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. https://www.youtube.com/watch?v=0XZBdmVRCDY "REIClubRealEstateInvesting"
Views: 23833 reiclub
How to buy a house with renovation loans
Watch this video about how to buy a house and get a loan to pay for home rehab and improvements to turn a house into your dream home. The costs to upgrade the homes are ALL rolled into ONE purchase renovation mortgage. Your mortgage options to buy a home that needs cosmetic fixes, repairs, updates are FHA 203K ( with as little as 3.5% downpayment), Conventional Renovation Mortgage (with as little as 5% downpayment). Visit http://www.dreamwellhomes.com/renovation for more information.
Views: 6103 DreamWell Homes
Call us for your Refinance or Home Purchase Loan
All of the information you need to know about your mortgage options can be reviewed in a free phone call to TexasLending.com.
Views: 18 TexasLending.com
When to Refinance with a VA loan
This video and its contents are not intended for residents or home owners in the states of MA, NY or WA. In today's white board Friday video Eric talks about When to Refinance with a VA loan . This is a common question for many homeowners. Any time you can lower your interest rate and save money is a good time to think about refinancing your home. If you are a veteran home owner there are a couple of options. The VA streamline refinance option and the VA cash out refinance. Here at Low VA Rates we specialize in both options. If you have a question on when should you refinance your home give us a call at 866-569-8272. or visit our website. https://lowvarates.com/refinance/ We would be more than happy to answer any questions and go over a couple of different scenarios that could help you save money. NMLS ID# 1109426. For our complete licensing information, visit https://www.lowvarates.com/licensing. Low VA Rates https://www.lowvarates.com Address: 384 S 400 W, Lindon, UT 84042 Phone:(866) 569-8272
Views: 8981 Low VA Rates
Refinance or purchase a new home at a low rate today!
Are you looking into purchasing a new home or refinance an existing home loan? If so with rates at an all time low now is the perfect time to refinance or purchase a new home. Hello, my name is Sandra Palacios and here at Amber Sky Home Mortgage we present you with the best home loan options from the industry's top lenders. We want to make your experience of purchasing your home stress free and enjoyable. Amber Sky Home Mortgage guarantees the best rate and finding the right loan for you is our #1 priority. Call now and "Let us help you finance for a better tomorrow, today."
Views: 103 0479sandra
Using Your Home's Equity to Fund Your Next Investment | Deal of the Day
Are you a homeowner looking to invest, but don't have the cash you need? Join us on this episode of Deal of the Day, and learn how you can use your current home to fund your next investment! Use code "BDAY" for 30% off ALL BiggerPockets books! --https://www.biggerpockets.com/store
Views: 44063 BiggerPockets
home loan mortgage purchase refinance
home loan mortgage purchase refinance
Views: 21 Mortgage Loans
home loan mortgage purchase refinance
home loan mortgage purchase refinance
How Long After You Purchase A Home Can You Get A Home Equity Line of Credit (HELOC)?
Free book reveals how to pay off your home in 5-7 years on your current income: http://bit.ly/2eVcZTS Subscribe to our channel http://bit.ly/RYM-YT Reader question: How long after you purchase a home can you get a HELOC? would you believe you can get a home equity line of credit on a first purchase? Watch and learn.
Views: 36875 Replace Your Mortgage
Purchase or Refinance a Home with This 12-Year Fixed-Rate Mortgage Special from CoVantage
If you’re thinking about purchasing or refinancing a home, get this 12-year fixed rate Mortgage Special from CoVantage Credit Union at 3.99%. That’s 4.13% APR! Start your application: https://www.covantagecu.org/personal/loans-mortgages/mortgage
Views: 11169 CoVantage Credit Union
How To Buy Your Second Property Investment | Property Market Buy To Let Investing Tips
Assuming you've got your first investment property, in today's video I share 7 property investing tips on how to buy your second property investment, because it can be really difficult to maintain momentum in today's property market (Real Estate Market). First of all I must just say... a BIG congratulations on getting your first buy to let... that in itself is a great achievement. DOWNLOAD 50 POINT CHECKLIST: https://yourfirstfourhouses.com/ But if you've got your first property - and you're wanting to build a portfolio - here are 7 property investment tips to help you get past property number 2 and on to property 3 & 4. 1. Can you find a genuinely discounted property, often referred to as being below market value? If you can buy property number two at a genuine discount, you can generally refinance fairly quickly and pull some of that deposit back out of the deal, which you can then use to go and buy property number three. Now I'm going to hold my hand up here and say I personally didn't believe it was possible to buy a property at, say, I don't know, 20-25% below market value. But if you look in the right areas, and work with the right type of sellers, and create win/win solutions for those sellers, it is possible, and I've now done it many times. 2. Next, is there a way to add real tangible value to property number two? If you can add sufficient value, again you can refinance and pull a percentage of your money back out of the deal and use this to go and buy property number three. 3. Can you buy property number two in an area where there's a better chance of capital growth? Now, I appreciate that this one's just a little bit speculative, but I also believe that it's possible. For example, could property number two be located on or near a new transport link? Perhaps a new train station or tube line. Is the area about to undergo some serious regeneration? Has a big new employer just announced that they're about to move into an area and create a lot more jobs? These are all good examples of where you might get a better chance of capital growth, potentially. Accelerated capital growth means you can refinance property two sooner, and then use these funds to go out and buy property number three. 4. When you refurbish property number two, document everything. Now, I've talked about this before, so I'm referring to before and after photos, video walkthroughs, floor plans, etc. because this material might be just what's needed to convince a joint venture partner to help you fund property number three. 5. Can I suggest some investment in your property education might help you to finance property number two without needing to use your own cash. So you can then use this cash to go out and buy property number three. Now there's lots of places to get this training, and dare I say you might want to check out the online property masterclass, where we cover this subject in a lot of detail. https://yourfirstfourhouses.com/opm/ 6. If you don't need the income from property number one right now, because you've got a well paid job, could you save this income and use this to finance property number two? If property one was a rent to rent, for example, cash flowing say, I don't know, £800 a month, that's £9600 a year, which is potentially enough to get you into two rent to rents, and perhaps one of them might have an option on it. 7. Lastly, could you perhaps pull your resources with someone else, and go in together to buy property number two? And perhaps do the same with property number three, and maybe the same with property number four. This might be a good friend or family member, but it's a great way to gain real momentum, especially if part of the deal is that you're going to hold each other accountable. But if you're going to do this, please, please, please make sure you have a formal contract in place, even if it's a family member. Now, if you could think of any other way to structure a deal number two so that it helps you flow on to deal number three and four, I would love it if you could take a moment to help others by commenting below, that would be absolutely wonderful. I hope you found that helpful... Tony Law - Your First Four Houses property investment for beginners
Views: 16900 Your First Four Houses
Should You Pay Points on Your Home Loan?
Should someone pay points to buy down the rate for their home loan?
Views: 2889 Monarch Capital
How To Buy Your Second Investment Property
How should you buy your second investment property so you can be set up for property 3, 4 and 5? If you’ve purchased one property, you may be wondering how should you buy your second investment property. What sort of properties should you be looking at in what sort of area and what’s going to help you get to property number 3, number 4, number 5 and onwards towards financial freedom of whatever it is you’re seeking for yourself. Today, I have with me Ben Everingham from Pumped on Property, my buyer’s agent of choice. And we’re going to talk about this issue of things that you should look for in your second property. Ryan: Hey, Ben. How’s it going? Ben: Hey Ryan. Thanks for having me here. ------------------------------------------- http://onproperty.com.au/346 - View the full transcription and audio version of this episode. http://onproperty.com.au/free - See real positive cash flow property listings
Views: 24577 On Property
Home Loan|Best Mortgage Loan|Buy House|Refinance|Ga Mortgage|Purchase Home
http://www.Loanin5.com We have the best mortgage loan and are the premier home loan lender in Atlanta with a management team that has over 30 years of combined experience in the financial markets. Our office services Alabama, Georgia, Louisiana, South Carolina, Tennessee, and Virginia. We handle all aspects of your home loan in-house so you know what's going on every step of the way. From Conventional, Jumbo, USDA, VA, FHA, 203K, and Reverse Mortgages. Refinance, purchase, remodel, or lower your rate, we can do it all with low fees. We are so confident in our expertise and professionalism, that we know by the time you close, we will have exceeded your expectations. Your loan and future is just a click away. Loan Programs Fixed Rate Mortgages (FRM) The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan's lifetime. Adjustable Rate Mortgages (ARM) Adjustable-rate mortgages include interest payments which shift during the loan's term, depending on current market conditions. Typically, these loans carry a fixed-interest rate for a set period of time before adjusting. Hybrid ARMs (3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM) Hybrid ARM mortgages combine features of both fixed-rate and adjustable rate mortgages and are also known as fixed-period ARMs. HARP 2.0 HARP 2.0 is a refinance option for homeowners that are "underwater," meaning they owe more on their home than their home is worth. FHA Loans FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment. VA Loans VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no down payment requirement. This program was designed to help military veterans realize the American dream of home ownership. Interest Only Mortgages Interest only mortgages are home loans in which borrowers make monthly payments solely toward the interest accruing on the loan, rather than the principle, for a specified period of time. Components of an ARM Prior to choosing a home loan, you should know the advantages and risks of adjustable-rate mortgages to make an informed, prudent decision. Commonly Used Indexes for ARMs This article includes a list of the most commonly used indexes by ARM lenders that affect ARM mortgage rates. Balloon Mortgages Balloon mortgages include a note rate that remains fixed initially, and the principal balance becomes due at the end of the mortgage term. Reverse Mortgages Reverse Mortgages allow senior homeowners to convert a portion of their home equity into cash while still living in the home. Graduated Payment Mortgages Graduated Payment Mortgages are loans in which mortgage payments increase annually for a predetermined period of time (e.g. five or ten years) and becomes fixed for the remaining duration of the loan. What kind of loan program is best for you? Should you get a fixed-rate or adjustable rate mortgage? A conventional loan or a government loan? Deciding which mortgage product is best for you will depend largely on your unique circumstances, and there is no one correct answer.
Home Equity Line of Credit - Dave Ramsey Rant
Now is the time to sell your house! The market is white hot! Get a high-octane ELP Real Estate Agent you can trust with your largest asset: https://goo.gl/tzW5vF Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 274175 The Dave Ramsey Show
Financing Rental Properties The Right Way
Financing rental properties the right way is a video about the two most commonly used ways to finance rental properties for real estate investors. The first way to finance a rental property is Investor A who purchases a $100,000 property and leaves $20,000 in the deal. He starts with $100,000 capital to invest. After 5 houses leaving in $20,000 this investor will run out of money. Investor B finances his rental properties using the BRRRR method which stands for Buy Rehab Rent Refinance Repeat. You are buying a house at a discounted rate and then forcing the appreciation upwards and value up to where the house is appraised at $100,000. So say you bought it for $50,000 then had $20,000 in repairs and then $10,000 in carrying, financing, and closing costs your total liability is now $80,000. The bank will lend you $80,000 or 80% of the $100,000 appraised value loan to value. Now you have a financed house and your original capital to reinvest. You can do as many rent houses as you want now. financing rental properties I buying rentals I rental properties I landlords I financing houses I cash flow I rent houses I Connor Steinbrook I Investor Army I calculating rental numbers. Learn More About Our Home Study Program: Flip Army - How To Flip Houses The Investor Army Way https://info-investorarmy.clickfunnel... Contact us at: [email protected] For More Resources And Opportunities To Take Your Business To The Next Level Go To…… http://www.investorarmy.com/ Visit Our Other Youtube Channel “Investor Army Podcast” For More Videos By Connor Himself https://www.youtube.com/channel/UCmay... Follow Us On….. Facebook: https://www.facebook.com/InvestorArmy/ Twitter: https://twitter.com/Investorarmy Linkedin: https://www.linkedin.com/in/connor-steinbrook-58b2b9a1/ Google+: https://plus.google.com/u/0/108318927307224577838 iTunes: https://itunes.apple.com/us/podcast/investor-army-podcast/id1234085118 Blubrry: https://www.blubrry.com/investorarmypodcast/ Instagram: https://www.instagram.com/investor_army/?hl=en
Views: 87756 Investor Army
Need a Down Payment to Buy a New Home? Here are Some Ideas. (Mortgage Broker)
http://MortgageInVancouver.com The biggest barrier to entry for most anxious first time home buyers is the down payment. Coming up with a chunk of cash all at once that you are comfortable saying good bye to for a while. What many do not know or have a misconception of is that there are other ways to get a down payment other than your savings or chequings account. So what are they? What other possible sources can you use to get your down payment? Lets start from the top and I will list them in the order that banks favor the most to least as where the funds come from and how much your down payment is has a huge effect on what your are worth to a mortgage lender and whether they will even qualify you for a mortgage loan. 1. Top of the list, of course is your savings. If you have the discipline to save your money and keep it in plain sight without spending it then the banks will really like you and want to trust you with their money. This is obviously the most favorable situation. One thing to note however is that the money you are using must be in your bank account for at least 90 days. The reason for this is to make sure it isn't money laundering or that it isn't untaxed cash, etc. If the money has been in your account for less than 90 days then they will want documentation of some kind proving where you got the money. 2. Ann RRSP account is the next best thing to your actual savings account as it is simply a different a variation of it. You have been disciplined enough to put away money each year and now you are using it to buy a home. Banks will like this. Some things to note however; if you are not a first time home buyer then you will get taxed on this money. Depending on what tax bracket you are in will determine if this is a good idea for you. If you are a first time home buyer then you can use up to $25,000 towards your down payment TAX FREE. 3. Pulling Equity from Another Home is also looked upon nicely because it too is another variation of saving. However, to pull out equity you must refinance that property which means you need to be able to qualify for both mortgages. This is usually not a problem. It just depends on your assets, income and current employment situation. I can help you with both transactions of refinancing and the purchase to help this process move smoother for you and to structure it so that you are using your equity in the best way possible for your situation. 4. Gifted Down Payment. There is a lot of confusion on what exactly is a gifted down payment so I am making a video blog specifically targeted to this topic (so don't forget to subscribe to this channel) but basically this is not where you can get money from your friend to use as a down payment. You must get it from a direct family member. DIRECT, not cousins, aunts, etc. It must be your Mother, Father, Brother, Sister, or Child. If you grew up with your aunt and uncle or some different circumstance like that then there can be some exceptions made. I will just have to approach the lender with your story. Proper Gifted paperwork must also be filled out to use this method of down payment and I can provide this for you when the time comes. All it really needs is a signature from the Gifter saying that they are giving this money to you with no strings attached and that you will never have to pay it back. 5. The final method of obtaining a down payment is by putting it on your credit cards or lines of credit. This is solely going to depend on how much credit you have and whether you will qualify for the mortgage with this additional debt attached to you. An example of this is if you only have a $20k credit card and you will be maxing this debt out to get your down payment then the banks will be nervous to give you money. If however, you have a $50k line of credit and pulling out $20k will be nothing near dangerous for you then this wont be so bad. The bank does not want you to struggle for your payments. They want to make sure that your mortgage is going to get paid back and if you are tapped out financially then the chances of you defaulting on the loan becomes greater. So hopefully this gives you a good overview of down payments; where you can get it from and how the mortgage lenders view them. If you have any questions just give me a call, 604.313.9996 or email [email protected] You can also go to my website to apply online at http://leahcoss.ca or read more of my blogs at http://MortgagesInVancouver.com Leah Coss
Views: 18482 MortgagesInVancouver
Pros and Cons of a cash out refinance | Mortgage Mondays #100
https://www.mattthemortgageguy.com 916-529-7600 In this episode I talk about the pros and cons of a cash out refinance. There are many great uses for a cash out refinance including debt consolidation and home improvements. With this being said there are also circumstances where I don't recommend it. #CashOut #CashOutRefi #Refinance #CreditScore #MortgageQualifying #MortgageQuestions #FromTheBuyers #LoanLimits #SacCounty #PlacerCounty #RocketsBreakDown #ShopLocal #Sacramento #HomeBuyers #FirstTimeBuyers #2017 #HomeLoanProcess #HomePurchase #Homebuyer #LenderResource #Realtors #MortgageGuy #DirectLender
Views: 20896 Matt The Mortgage Guy
Pay off your mortgage or buy another investment property?
Interested in property investing? Visit our website at http://www.binvested.com.au to find out more about how we can help you. Also join our communities on: Forum - http://binvested.com.au/forums/ Facebook - https://www.facebook.com/binvested.com.au Twitter - https://twitter.com/b_invested Pinterest - http://pinterest.com/binvested/
Views: 70771 Binvested
How to Get a Home Loan with Bad Credit
How to Get a Home Loan With Bad Credit http://reinvestortv.com/how-to-get-a-home-loan-with-bad-credit Thanks for watching how you can qualify for home with poor credit! In this video, I talked about three strategies you can use in order to qualify even if you have bad credit. If you enjoyed, please hit Subscribe and I'll see you again next week for another real estate investment tip, "Popular Questions Answered", or some solid real estate game plans! Join the Fun Facebook: Real Estate Investor TV Twitter: @REInvestorTV LinkedIn: Kris Krohn ============================================================================== Kris Krohn is a real estate investor and the founder of Real Estate Investor TV. Visit this website to learn more about Kris http://reinvestortv.com/ Kris Krohn also established an instructional guide for investors, The Strait Path System, and is the author of The Strait Path to Real Estate Wealth. Unlock your wealth potential! Take yourself to the next level! Join Kris on his 3 day wealth intensive program http://bit.ly/2b2vr8f Kris lives in Orem, Utah, with his wife Kalenn and their four children. ============================================================================= Film by Nate Woodbury http://GoWallaby.com
How To Get A Home Loan With Bad Credit
How do you get a home loan when you have bad credit? There are 3 different ways to do this. The first way is not very exciting. It's called credit repair. The 2nd option is to have someone else secure the load to get the home. I'm not talking about cosigning on the loan, but having someone in your life who loves you, get the loan, and let you use the house. These 2 options might not be what you want. So I share my favorite option third. If I lost everything, had no money, and had bad credit, I would do a lease option. I explain what this is in the video. Watch and Enjoy! Kris Krohn & Nate Woodbury WORK WITH KRIS: ======================== Limitless 3 Day Event: http://bit.ly/2j5r8wM Get Personal Mentoring: http://bit.ly/2lPGp9d Partner on Property with Kris: http://bit.ly/2lPGp9d Real Estate Investing Help: http://bit.ly/2lPGp9d Free Real Estate Audiobook: http://bit.ly/2oiORxy Free Conscious Creator Audiobook: http://bit.ly/2sZmaYU EQUIPMENT ======================== Camera: http://amzn.to/2oRnnAA Favorite Lens: http://amzn.to/1QEqTF4 External Mic: http://amzn.to/1Sx8Jq0 Camera Backpack: http://amzn.to/2oy5JAR MUSIC ======================== Tobu - Infectious https://www.youtube.com/watch?v=ux8-EbW6DUI Artist: https://www.youtube.com/tobuofficial Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0 Support This Channel: ======================== ==SUBSCRIBE== http://bit.ly/1TOqKBN ==LIKE== Your "Likes" help more people find our videos. ==COMMENT== Comment and ask Questions ==PATREON== https://www.patreon.com/REInvestorTV ==AMAZON== Any time you plan on making a purchase on Amazon, visit one of my videos first, and click one of the 'amzn' links above. Then, anything you navigate to and purchase in the next 24 hours on Amazon, will give this channel a small percentage. Thanks for your support!!! ======================== Video by Nate Woodbury (The Hero Maker) BeTheHeroStudios.com http://YouTube.com/NateWoodburyHero
Mortgage Quotes, Refinance, Purchase, FHA
www.MortgageLending.us l Home Loans, Mortgage, Refinance, FHA, Purchase, Rates. Making the decision to refinance your current mortgage have never been easier with interest rates at historic lows. Whether you are considering lowering your current interest rate, lowering your monthly payment, or just want to switch to a fixed rate mortgage from your current adjustable rate mortgage, you can count on our licensed mortgage consultants to present you with loan options in your best interest. Thinking about buying a home? We have information that can help! Got questions? Talk to one of our housing consultants today! Weather your looking for you first home, starter home, vacation home, investment property or family home, you should know the options available as well as your rights as a homeowner. If you're interested in taking a look at a home. Contact us for a quick mortgage pre-approval. Being approved for a mortgage lets Real Estate agents know that you're a serious buying! Visit: www.MortgageLending.us Call: (888) 457-0011 For A Free 5 Minute Quote!
Views: 30 Enrique Pelayo
Updated 2018 FHA Mortgage Guide
Recap on the latest FHA home loans for 2018 including the FHA purchase, 203K, 203H, streamline and cash out refinance. Basic qualifying lender bank credit score and down payment requirements. FHA Mortgage Insurance.
Views: 26514 FHA Mortgage Source
Mortgage Interest Rates | Housing | Finance & Capital Markets | Khan Academy
Understanding how mortgage interest rates are quoted. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/mortgages-tutorial/v/short-sale-basics?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/mortgages-tutorial/v/introduction-to-mortgage-loans?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Most people buying a home need a mortgage to do so. This tutorial explains what a mortgage is and then actually does some math to figure out what your payments are (the last video is quite mathy so consider it optional). About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 143509 Khan Academy
No Fee, No Cost  No Points Home Loans Refinance, New Home Purchase
Whether you're planning on buying or selling a real estate property or refinancing your existing mortgage or you are shopping for a new loan for your new home purchase, choosing the right real estate professional is one of the most important decisions you'll make. for more information please visit http://www.crestico.com New Home Loan or Refinancing an existing mortgage? Crestico Funding has a variety of loan programs available to suit individual borrowers needs. With over 35 years of combined mortgage lending experience we have the knowledge and expertise to help you finance your dream house. * No Fee, No Cost and No Point Home Loans * Easy Doc and No Doc Loan Programs * FHA Loans with 3.5% Downpayments * Non-US Resident Loan Programs * VA and USDA Loan Programs
Views: 267 crestico
English William Calzadilla Mortgage Home Refinance Purchase
William Calzadilla of Residential Home Funding is available 24-7 for all your mortgage needs. Please feel free to call 800-681-1857 or email [email protected]
Views: 665 William Calzadilla
San Francisco Home Mortgage Loan website video - Refinance or Purchase 415-796-0086
San Francisco Home Mortgage Loan website video - Refinance or Purchase http://getcash.agentsanfrancisco.com/quick-contact/ ” AGENT SAN FRANCISCO ” NMLS ID #1425778. Please refer to us as Agent San Francisco If you are looking to refinance your existing home 1st or 2nd home loan mortgage lien or if you wish to qualify for a completely new purchase loan in San Francisco SF for a residential or commercial property contact us at Bay Tech Mortgage. We have been in business since 1994 and are continuing mortgage lending with highly competitive loan programs, mortgage payments and interest rates. We keep our overhead low so we can reduce your refinancing and financing expenses and yet compete with all major lenders from banks to private financing institutions. Please fill out the questionnaire form below if you are interested in financing your property in San Francisco. http://getcash.agentsanfrancisco.com/quick-contact/ 415-796-0086 BRE 01173770, NMLS ID#1425778, NMLS ID#1203203 http://www.agentsanfrancisco.com http://www.getcash.agentsanfrancisco.com * Residential & Commercial Mortgage Loans Purchase Loans Refinance Loans Construction Loans Purchase Real Estate List Real Estate Agent San Francisco SF Represents Buyers & Sellers for residential & commercial properties in the city of San Francisco. ☆ Search San Francisco MLS ☆ Buy residential or commercial property in San Francisco ☆ List to sell residential or commercial property in San Francisco ☆ Search 1000′s or real estate professionals such as real estate attorney's, real estate title companies, general contractors, termite inspectors and real estate appraisers in San Francisco. Agent San Francisco is a Hector Omar Aldana Company Broker Agent DISCLAIMER | DISCLOSURE Powered by Agent San Francisco – SF San Francisco. All rights reserved.© 2012 Copyright by Agent San Francisco™. All rights reserved. Agent San Francisco is an independent real estate brokerage. “Agent San Francisco real estate brokerage” is an independent real estate brokerage firm with CaBRE – California Bureau of Real Estate Lic #01173770 and Mortgage Loan Originator MLO – NMLS ID: #1203203 & NMLS ID: #1425778 – Agent San Francisco is equal opportunity housing mortgage broker and real estate agent that abides by all California Bureau of Real Estate rules and regulations. Agent San Francisco Mortgage Loan originators MLO’s and advertising are in compliance with FTC, U.S. Department of Housing & Urban Development (HUD), Regulation Z [12 CFR §1026.24], Reg CaBRE, Mortgage Acts and Practices — Advertising rule, known as Regulation N – [12 Code of Federal Regulation §§1014 et seq.] – The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB). LINKS ABOUT: agentsanfrancisco.com/about/ GET LOAN - [email protected] FACEBOOK: facebook.com/AgentSanFrancisco/ GOOGLE + plus.google.com/+Agentsanfrancisco/posts FLICKR: flickr.com/photos/chiquitajeans/ RSS: feeds.feedburner.com/RealEstateSalesAndMortgageLoansSfSanFrancisco LINKEDIN: linkedin.com/company/agent-san-francisco-residential-&-commercial-real-estate?trk=biz-companies-cym VIMEO: vimeo.com/agentsanfrancisco DELICIOUS: delicious.com/agentsanfrancis/ YOUTUBE: youtube.com/playlist?list=PLt0MwY3QsSLc5I4791pGNX5cTYtbHjdQg INSTAGRAM: instagram.com/agentsanfrancisco/ PINTREST: pinterest.com/AgentSF/
How to Use a HELOC to Purchase Rental Properties
How to Use a HELOC to Purchase Rental Properties We’ve written a whole book on how to use your HELOC to not only pay down your primary mortgage but also to buy rental properties. Check it out here: https://amzn.to/2OIdAFE Owning your primary residence is a liability, but there’s a tool you can use to transform that liability into a vehicle for purchase performing assets. Smart investors know how to leverage, and this strategy can accelerate your real estate portfolio growth. In this video, I’m sharing one of my favorite strategies for acquiring rental real estate—using a HELOC! You’ll learn about the incredible benefits of this strategy, including the power of simple interest and increasing your home equity. If you own your primary residence, you’ll want to press play! Show notes: http://morrisinvest.com/episode291 BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/EbDRWj VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp1LPllyyeQho_ouMhrbOy6 VIDEOS ABOUT REAL ESTATE NEWS https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp7aUQgMPmAanHSYgP-UI0i SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://www.youtube.com/c/MorrisInvest SUBSCRIBE TO THE iTUNES PODCAST: iTunes: https://goo.gl/tSfSM8 FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 104910 Morris Invest
Matt LaVaute | Purchase of New Home and Refinance in New York | Quicken Loans Client Reviews
Quicken Loans client, Alex from New York, discusses in this video testimonial how Quicken Loans helped him and his wife purchase their first home mortgage as well as their first refinance. Alexs mortgage banker worked with him daily in order to lock in the best rate. Alex was surprised at how easy, quick, and worry-free the overall process was. Two years after his first mortgage Alex contacted Quicken Loans to refinance his home. By adding a small amount of money to his loan and increasing his monthly payments slightly, he was able to reduce his interest rate by over 1% and was able to pay off more principle in each of his monthly payments, leading to an eventual savings of over $100,000 in interest over the course of his loan. Alex looks forward to working with Quicken Loans again and would recommend Quicken to anyone who wants to get a mortgage or refinance. Quicken Loans is an Equal Housing Lender. Quicken Loans Inc. is a licensed mortgage lender in all 50 states. Arizona: Quicken Loans Inc., 16425 North Pima, Suite 200, Scottsdale, AZ 85260, Mortgage Banker License #BK-0902939; Arkansas: Quicken Loans Inc., 1050 Woodward Avenue, Detroit MI 48226-1906, (888) 474-0404; California: Licensed by Department of Corporations, CA Residential Mortgage Lending Act; Colorado: Quicken Loans Inc., NMLS #3030, (888) 474-0404, Regulated by the Division of Real Estate; Georgia: Residential Mortgage Licensee (#11704) -- 1050 Woodward Avenue, Detroit MI 48226-1906; Illinois: Residential Mortgage Licensee #4127 -- Department of Financial and Professional Regulation, 1050 Woodward Avenue, Detroit, MI 48226-1906; Maine: Quicken Loans Inc., Supervised Lender License NMLS #3030; Massachusetts: Quicken Loans Inc., Mortgage Lender License #ML-3030; Minnesota: not an offer for a rate lock agreement; Mississippi: Licensed by the Mississippi Department of Banking and Consumer Finance; New Hampshire: Licensed by the NH Banking Department, #6743MB; New Jersey: Licensed Mortgage Banker -- NJ Department of Banking, first (and/or second) mortgages only; New York: Licensed Mortgage Banker -- NYS Banking Department; Oregon: Quicken Loans Inc. -- License # ML-1387; Pennsylvania: Licensed as a first Mortgage Banker by the Department of Banking and licensed pursuant to the Pennsylvania Secondary Mortgage Loan Act; Rhode Island: Licensed Lender; Texas: Quicken Loans Inc., 1050 Woodward Ave, Detroit, MI 48226; Virginia: Quicken Loans Inc., NMLS ID #3030 (www.nmlsconsumeraccess.org). Washington -- Consumer Loan Company License CL-3030. Quicken Loans Nationwide Mortgage Licensing System #3030. © 2013 Quicken Loans Inc., All rights reserved. Lending services provided by Quicken Loans Inc., a subsidiary of Rock Holdings Inc. "Quicken Loans" is a registered service mark of Intuit Inc., used under license.
Views: 392 Quicken Loans
Paying Cash vs Using Leverage to Purchase Investments
Paying Cash vs Using Leverage to Purchase Investments There are two distinct methods used for purchasing rental real estate: paying with cash or using leverage. In this video, I’ll weigh the two options, and supply information to help you understand which method is best for you. In this video, you’ll learn the pros and cons of traditional financing, private money lending, and using cash. I’ll talk about the limitations of a traditional mortgage, how to find private financing, and why purchasing with cash can be so powerful. You’ll also learn about a fantastic method for turning one rental property into a robust portfolio. I’ll share a few resources that will help you get your head in the game and start earning a passive income through real estate. Press play to learn more about your financing options for real estate investing! CapWest: https://goo.gl/UK881I Lima One Financial: https://goo.gl/xjTsPo Meetup.com: https://goo.gl/BDHv2H BOOK A FREE CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/DNIIh0 CHECK OUT OUR OTHER GREAT VIDEO PLAYLISTS LIKE: VIDEOS ABOUT TURNKEY REAL ESTATE INVESTING: https://goo.gl/1bGEhB OR VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://goo.gl/dPfWeY OR VIDEOS ABOUT REAL ESTATE NEWS https://goo.gl/m1b3U8 SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://goo.gl/Polf6I LISTEN TO THE PODCAST: iTunes: https://goo.gl/vM969n FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 70873 Morris Invest
How To Buy a Home Using Rocket Mortgage | Quicken Loans
Rocket Mortgage by Quicken Loans is a fast, powerful and completely online way to purchase a home or refinance your existing mortgage. This video explains how buying a home with Rocket Mortgage works and answers common questions. To learn more, visit QuickenLoans.com.
Views: 41658 Quicken Loans
Joe Kustra | Purchase of New Home and Refinance in California | Quicken Loans Reviews
Quicken Loans client, Louis from California discusses in this video testimonial how Quicken Loans helped him purchase his new home and refinance another. Louis has used Quicken Loans multiple times for refinancing and purchase. He was able to use the money he saved from refinance, with the help of his mortgage banker Joe Kustra, to not only purchase his new home but to update the windows and garage as well. Louis looks forward to working with Quicken Loans and Joe in the future for any refinance and purchase needs. Quicken Loans is an Equal Housing Lender. Quicken Loans Inc. is a licensed mortgage lender in all 50 states. Arizona: Quicken Loans Inc., 16425 North Pima, Suite 200, Scottsdale, AZ 85260, Mortgage Banker License #BK-0902939; Arkansas: Quicken Loans Inc., 1050 Woodward Avenue, Detroit MI 48226-1906, (888) 474-0404; California: Licensed by Department of Corporations, CA Residential Mortgage Lending Act; Colorado: Quicken Loans Inc., NMLS #3030, (888) 474-0404, Regulated by the Division of Real Estate; Georgia: Residential Mortgage Licensee (#11704) -- 1050 Woodward Avenue, Detroit MI 48226-1906; Illinois: Residential Mortgage Licensee #4127 -- Department of Financial and Professional Regulation, 1050 Woodward Avenue, Detroit, MI 48226-1906; Maine: Quicken Loans Inc., Supervised Lender License NMLS #3030; Massachusetts: Quicken Loans Inc., Mortgage Lender License #ML-3030; Minnesota: not an offer for a rate lock agreement; Mississippi: Licensed by the Mississippi Department of Banking and Consumer Finance; New Hampshire: Licensed by the NH Banking Department, #6743MB; New Jersey: Licensed Mortgage Banker -- NJ Department of Banking, first (and/or second) mortgages only; New York: Licensed Mortgage Banker -- NYS Banking Department; Oregon: Quicken Loans Inc. -- License # ML-1387; Pennsylvania: Licensed as a first Mortgage Banker by the Department of Banking and licensed pursuant to the Pennsylvania Secondary Mortgage Loan Act; Rhode Island: Licensed Lender; Texas: Quicken Loans Inc., 1050 Woodward Ave, Detroit, MI 48226; Virginia: Quicken Loans Inc., NMLS ID #3030 (www.nmlsconsumeraccess.org). Washington -- Consumer Loan Company License CL-3030. Quicken Loans Nationwide Mortgage Licensing System #3030. © 2013 Quicken Loans Inc., All rights reserved. Lending services provided by Quicken Loans Inc., a subsidiary of Rock Holdings Inc. "Quicken Loans" is a registered service mark of Intuit Inc., used under license.
Views: 506 Quicken Loans
Michael Ayoub Cranbrook Loans | Home Purchase or Refinance
Michael Ayoub Cranbrook Loans - Cranbrook Loans Home Purchase or Refinance Home Lending for Purchase and refinance of your home. We work with Primary residence, Second Homes, and Investment properties. Home Purchase or Refinance Loans: Low Low rates…we compete with anybody… Don’t have any money to put down, we have Zero Down programs… Learn How much home you can afford… Consolidate debt to reduce your monthly expenses… Lock a fixed-rate mortgage with low a rate to lower your monthly payments… Lower your term to a 15 Year loan to save interest, you would be surprised the payments are affordable… Switch to an interest only loan or a loan with a shorter fixed term and save hundreds per month…Home Improvement loans…
Major Purchase Refinance Calculator Video
Detailed explanation of the FREEandCLEAR.com Major Purchase Refinance Calculator which allows you to determine if it makes sense to finance a major purchase such as college tuition or buying a car with a separate loan or to do a cash-out refinancing of your existing mortgage to finance the purchase. Our major purchase refinance calculator enables you to compare the combined cost of your existing monthly mortgage payment plus a separate payment for a major purchase loan to the monthly payment for a new, refinanced mortgage. The calculator allows you to understand if you have enough equity in your property to refinance your existing mortgage, finance a major purchase and potentially take cash out from refinancing. Visit https://www.freeandclear.com to learn more and to master the mortgage process.
Subscribe to our channel: https://www.youtube.com/user/malaysiahousingloan 7 Refinance Tips Everyone Should Know Hey guys, this week we have a few tips to help you effectively refinance your property. We are going to talk about 7 Refinance Tips Everyone Should Know. So, before we dive in today, let’s talk about refinancing. What is refinancing? Refinancing is a process of obtaining a new housing loan, with a new bank, to reduce monthly payments, lower your interest rates, change your home loan package or take cash out for personal use. So, Let’s begin. Tips 1: List Down Your Refinance Purpose Tips 2: Know Your Home Loan Outstanding Amount Tips 3: Check Your Property Current Market Value Tips 4: Print CCRIS Report Tips 5: Check Your Eligibility Tips 6: Check Your Lock-in Period Tips 7: Know The Cost Of Refinancing Hey guys, thanks so much for checking out this video. Make sure to hit the subscribe button on our YouTube channel and comment on questions or ideas you want to see here. And hit the like button so we can keep making more videos and connect with us down there. For more Home Loan information and enquiry, please call/ whatsapp us at 012-6946746 or visit our website www.malaysiahousingloan.net Read more here: https://malaysiahousingloan.net/7-refinance-tips-everyone-know/ Where to find us? Website : http://malaysiahousingloan.net Facebook : https://www.facebook.com/malaysiahousingloan Youtube : https://www.youtube.com/user/malaysiahousingloan Google+ : google.com/+DavidYapmalaysiahousingloan Twitter : twitter.com/myhousingloan Note for disclaimer: Whilst malaysiahousingloan.net has taken due care in providing this video for your convenience, we cannot accept any responsibility or whatsoever for this service or information given. We make no representation as to the accuracy, completeness, currency, suitability, or validity of any information on this and will not be liable for any losses, injuries, or damages arising from following comparison provided. Please use your discretion and good judgment before making any decisions or taking any action on the basis of the information.
Views: 4153 Malaysia Housing Loan
Tax Benefits for Homeowners
"Tax Benefits for Homeowners" brought to you by Darin Bjerknes with Commonwealth Realty. Darin Bjerknes Commonwealth Realty [email protected] www.cwrealtymn.com It’s getting close to tax time and I wanted to go over the tax benefits for homeowners and first-time buyers. To start off, I’m not an accountant so if you’d like to know how some of these deductions apply to you, make sure to contact your tax professional. First, I’m going to give you a summary of the tax deductions because I know I may lose most of you with all of the tax jargon. Taxes just aren’t that interesting, unless you're an accountant :) The 5 most common tax deductions for homeowners are: 1. Mortgage Interest Paid, 2. Discount Points & Origination fees, 3. Property taxes, 4. Home Offices, 5. Private Mortgage Insurance or PMI. If you want to learn a bit more keep watching. Again, #1The most common Tax Deduction for Homeowners is: Mortgage Interest Paid - The interest you pay to your lender is tax deductible and is a great way to reduce your tax burden. Mortgage interest tax deductions are extended to second mortgages as well. Interest paid on a refinance loan, home equity loans, and home equity lines of credit are also tax-deductible. There are some restrictions here, so make sure to check with your accountant. Homeowners can deduct up to $1 million dollars of mortgage interest. #2 Discount Points and Origination Fees are also tax deductible when they are in connection with a home purchase or refinance. Discount points are fees that allow you to buy down your interest rate, therefore lowering your monthly payment. One discount point costs 1% of borrower’s loan amount. When discount points are paid in conjunction with a purchase, the cost may be deducted in full in the year in which they were paid, dollar-for-dollar. With respect to a refinance, discount points are not fully tax-deductible in the year in which they are paid. With a refinance, discount points are typically amortized over the life of the loan. The term "origination fees" refers to any expenses you pay to the lender to compensate him or her for providing the loan. Most lenders charge a basic origination fee equal to a certain percentage of the loan balance. #3. Property Taxes. Homeowners typically pay real estate taxes to local and state entities. These property taxes can often be deducted in the year in which they are paid. If your mortgage lender currently escrows your taxes and insurance, it will send an annual statement to you which you can file with your complete federal tax returns. Your accountant can help determine the payment's tax deductibility. #4. Home Offices. Homeowners who work from their residence can typically deduct the expenses of maintaining a qualified home office. Allowable tax deductions for a home office include renovations to the room(s), telephone lines, and the cost of heat and electric. You can typically deduct your office sq.ft. from the rest of your home. Before claiming a home office on your returns, though, be sure to speak with an accountant to understand the benefits and liabilities. #5. Private Mortgage Interest or PMI. This is something you typically pay for if you don’t make 20% down payment when you purchase. The PMI is a policy that is taken out by the homebuyer to protect the lender against possible default on the mortgage loan. You may be eligible to claim the deduction for PMI on your tax return. However, if your adjusted gross income is over $100,000 you may not be able to deduct it. A side not on the PMI Deduction, as of right now this will be going away starting in 2016. Again talk to you tax professional. :) If you purchased a home this past year, make sure to give your accountant the settlement statement you received at closing. He or she will be able to determine what you can deduct from the purchase. As with the PMI deduction going away, Homeowner tax deductions are continuously changing. It’s always a great idea to ask your accountant to see what deductions apply to you and your situation.
Views: 12304 Darin Bjerknes
Condo Loans Explained What Type of Mortgages can you get to purchase a condo - Call 302-703-0727
http://delawaremortgageloans.net/condos - Condo Loans Explained by Condo Loan Expert John Thomas with Primary Residential Mortgage in Newark, Delaware. Need a Condo Mortgage Loan? Call 302-703-0727. Condo Loan Expert John Thomas answers the following questions in the video: What is a condo? What are the styles of condos? What are the condo loan programs available to purchase a condo What is an HOA Fee? What are the benefits of owning a condo? Condominium mortgages are different than a typical mortgage loan because the condo association must be approved for financing. It condo mortgage loan type has different guidelines and restrictions for the condo HOA in order to be approved. Condo Loans Condo Mortgages Delaware Condo Loans Delaware Condo Mortgages Condo Mortgage Loans FHA Condo Loans VA Condo Loans Conventional Condo Loans Condominium Mortgages Follow Us at: Facebook - https://www.facebook.com/PrimaryResidentialMortgageDE/ Twitter - https://twitter.com/DEMortgages LinkedIn - https://www.linkedin.com/in/delawaremortgages Google + - https://plus.google.com/u/0/b/111899542733426989536/+PrimaryResidentialMortgageIncNewark Delaware Mortgage Loans Delaware Mortgage Company Delaware Mortgage Broker Delaware Loan Officer https://youtu.be/u9lK-lHv5vs John R. Thomas Certified Mortgage Planner - NMLS 38783 Primary Residential Mortgage, Inc. 248 E Chestnut Hill Rd Newark, DE 19713 302-703-0727 Office Apply Online at http://www.PrimaryResidentialMortgage... Free Delaware First Time Home Buyer Seminar - http://www.DelawareHomeBuyerSeminar.com Free Maryland First Time Home Buyer Seminar - http://www.MarylandHomeBuyerSeminars.com Licensed by Delaware State Bank Commissioner Licensed by Maryland Department of Labor, Licensing and Regulation Commissioner of Financial Regulation Licensed by Pennsylvania Department of Banking Equal Housing Lender
Views: 1182 John Thomas
Home Loan Refinance Purchase Renovation Home Buying Mortgage Money
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How VA home loans work
For veterans, active-duty service members and some spouses, VA home loans can be a great way into home ownership. But they differ in some key ways from traditional home loans. Find out if a VA home loan is right for you, and if so, what to expect.
Views: 31789 Bank of America