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Understanding Your Options
The financing world can be intimidating for most By understanding the different types of loans available, you will not only have more confidence going into the deal, but more importantly you will get the loan that is perfectly suited to your needs...
Author: Paul Pratt - Category: Real Estate
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Vital Verifications
Sometimes to get a higher purchase price, a seller will inflate the amount of income a property produces or simply fail to mention all of the expenses actually required to maintain the property...
Author: Paul Pratt - Category: Real Estate
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The Escrow Myth
There are times when an escrow account is not beneficial to the borrower When you set up an escrow account, you are asking the escrow company to play the middle-man between you and the lender, property insurance company, county taxes and private mortgage insurance company regarding your payment to them...
Author: Paul Pratt - Category: Real Estate
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Making A Fortune While Broke
A recent Forbes Magazine article stated that 97 out of every 100 self-made millionaires made their fortunes through real estate investing...
Author: Paul Pratt - Category: Real Estate
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Selecting The Right Financing Institution
Just like anything in life, you get more by knowing more Knowledge is power in every industry, especially in real estate investing...
Author: Paul Pratt - Category: Finances
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Getting Started On The Right Foot
Although our personal financial outlook is one of the most important contributors to our individual and family well-being and happiness, most of us never learned this in school...
Author: Paul Pratt - Category: Finances
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Credit Repair Secrets Only The Insiders Know
Don’t worry if your score isn’t considered “excellent” or even “good”, there are plenty of lucrative investment plans available for you...
Author: Paul Pratt - Category: Finances
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Determining Property Profitability
There are four main factors that indicate whether or not a rental property is a good deal: the income it produces, the location, the available financing and the fair market value of the property relative to the purchase price...
Author: Paul Pratt - Category: Real Estate
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Maximizing Profits By Minimizing Expenses
There are two types of fees that a borrower is charged when obtaining financing: loan initialization fees and loan duration fees...
Author: Paul Pratt - Category: Business Management
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Unbeatable Return On Investments
You must be able to obtain suitable financing on the property for it to be a good deal The type of financing available, specifically to you, can make the property more or less desirable...
Author: Paul Pratt - Category: Real Estate
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Rags To Riches From Rentals
Why should you be excited about rental properties First, residential rental properties are the easiest way for a new investor to get started investing in real estate...
Author: Paul Pratt - Category: Real Estate
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Real Estate Financing Basics
Most potential investors have no idea that the qualifying process could be so easy There are many types of loans to help individuals in almost any situation...
Author: Paul Pratt - Category: Real Estate
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Expensive Mistakes And Priceless Knowledge
Obtaining financing can be very expensive, though it doesn't have to be as expensive as it often is If a borrower is informed on the purpose of the fees being charged and what the normal amount is for these fees, he can avoid being taken advantage of and paying too much...
Author: Paul Pratt - Category: Real Estate
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Beware Of Hidden Clauses
Terms of a mortgage are all the factors of the loan that a borrower agrees to before the lender is willing to issue the loan...
Author: Paul Pratt - Category: Real Estate
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Making Dreams A Reality Through Real Estate
The best reason for investing in real estate is that it actually works Real estate investing proves that the American dream is still very much alive...
Author: Paul Pratt - Category: Real Estate
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Location, Location, Location
The location of your property is crucial to its ability to provide a consistent income and to appreciate for years to come...
Author: Paul Pratt - Category: Real Estate
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