Practical Ways Real Estate Investors Can Use ChatGPT
If you’re in real estate, you already know how many hats we wear—analyst, marketer, landlord, troubleshooter, and sometimes therapist. Tools like ChatGPT won’t replace what investors do, but they can make your day a whole lot easier. Here are seven smart ways to put
What is Net Operating Income? NOI in real estate is one of several metrics used by investors to determine how profitable a property is. Most frequently, net operating income is a benchmark used by investors to determine the amount of cash flow and profitability of a potential deal or income-generating property. NOI
The BRRRR Method — Buy, Rehab, Rent, Refinance, Repeat — is one of the most effective strategies for building long-term wealth through real estate. It allows investors to recycle their capital, scale faster, and create steady cash flow while building equity.
1. Buy
Successful BRRRR deals start with buying undervalu
Reasons to Invest in Single-Family Homes
Making investments to build wealth and secure your future is very important, and an excellent way to add to your portfolio is through real estate ownership. When you first get into property investment, though, there’s one big question you’ll need to ask yourself – should you inv
What is Turnkey Investing? At its core, turnkey real estate investing is where you buy already rehabbed, tenant-filled, managed properties that are producing positive cash flow. A lot of the extra work that goes into real estate investing is cut […]
The post 5 Things You Should Know Before Investing in a Turnkey Property appeared first on Texas Investor Loans.
When investing in real estate, you have to ask yourself “Do you want to be a landlord or do I want to be an investor”? If you say yes to both, then it is time to quit your full-time job […]
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What is a Interest-Only Loan? An Interest-Only loan is a loan in which, for a set period of time, the borrower pays only interest on the principal balance, with the principal balance remaining unchanged. A loan may be interest-only for […]
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What the Numbers Say About Housing During a Government Shutdown
With the current and ongoing federal government shutdown, you may be wondering: “Does this mean the housing market completely stops in its tracks?”
In short, no; the market still keeps working.
Homes continue to be listed, contracts continue to be
Experienced real estate investors with multiple mortgaged investment properties (Over 10 Loans) and self-employed investors without W2’s often have difficulty meeting conventional loan criteria. Qualified Mortgages (Fannie Mae & Freddie Mac) require the borrowers Credit, Assets, and Income requirements of […]
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What is a HELOC? A Home Equity Line of Credit (HELOC) is a type of second mortgage that allows homeowners and investors to borrow money against the equity they have in their property owned and receive that money as...
Borrowers who purchased a Primary, Investment Property or Second Home within the past SIX months are eligible for a cash-out refinance. The new loan amount can be no more than the actual documented amount of the borrower’s initial investment (Purchase Price on HUD Settlement Statement) in purch
Title insurance protects people from losses arising from a real estate purchase. Losses may be caused by things such as unknown liens, defects, or encumbrances on the property that existed before the purchase.
outstanding property taxes not paid by the previous owner;
fraud or forgery of a previous deed; and
a spouse
The identification period in an IRC Section 1031 delayed exchange begins on the date the taxpayer transfers the relinquished property and ends at midnight on the 45th calendar day thereafter. To qualify for a 1031 tax-deferred exchange, the tax code […]
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What is TRID? TRID, which stands for TILA RESPA Integrated Disclosure, is the culmination of several years of discussions between CFPB and members of the banking and title industries.TRID consolidates the existing disclosures required under TILA and RESPA for closed-end credit […]
The post What is TRID and how will it affect you when getting a Conventional Fannie Mae or Freddie Mac Loan? appeared first on Texas Investor Loans.
A Limited Liability Company (LLC) is an entity created by state statute. Depending on elections made by the LLC and the number of members, the IRS will treat an LLC either as a corporation, partnership, or as part of the owner's tax return (a "disregarded [...]
The post Single Member or Joint Member LLC? appeared first on Texas Investor Loans.
What is a Purchase Money Second? When buying a $300,000 home, the first lien position loan generally has the larger loan amount. As an example, the first lien would be $240,000 or 80% LTV. The second is in a less […]
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Mortgage rates have fallen a great deal this year and millions of homeowners as well as investors might benefit by refinancing even if they bought a home just last year. Mortgage rates moved lower last week even though the broader bond market […]
The post Is It Too Soon to Refinance My Mortgage Loan? appeared first on Texas Investor Loans.
The Advantages and Disadvantages of titling your Rental Properties into an LLC. Advantages The main reason investors prefer to have their rental properties in an LLC is for asset protection. For many years, lawyers, financial advisors, and tax accountants have […]
The post Putting Your Rental Properties into an LLC. appeared first on Texas Investor Loans.
Are you thinking of hiring a property management company? Then you need to ask the right kind of questions. With the right questions, you stand a high chance of selecting an efficient, effective and reputable property management company. Here are […]
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A home appraisal is generally required by the lender in order to establish that the value of the home will be sufficient collateral for the amount of the loan. The appraisal fee is generally paid by the buyer, sometimes required at the time of the loan application but typically paid at the loan closing.
A home appra
One day, you might open your mailbox and find a letter saying your mortgage has been sold. Don’t panic — you haven’t done anything wrong. This is actually a common part of how the mortgage industry works. Still, there are a few things you should know when this happens.
Why Lenders Sell Mortgages
To your lender, your
