Let’s say you find your dream home that you want to buy. Unfortunately, everybody else wants to buy your dream home too. With competition so difficult, let me share what to do if you real estate offer is rejected and you still want to buy. Sometimes, a home is just too good to pass up. […]
What To Do If Your Real Estate Offer Is Rejected And You Still Want To Buy Read More »
Buying real estate can be a very stressful and competitive process. By learning how to write a real estate breakup letter, you improve your chances of getting a better deal. Nobody likes to break up. But sometimes you need to break up to get what you really want. In a previous post, I explained how
How To Write A Real Estate Breakup Letter To Get A Better Deal Read More »
You might be afraid of an adjustable rate mortgage increase once the introductory fixed rate period is over. However, there is always an adjustable rate mortgage increase cap that prevents the borrower from paying too much. Let me explain how much an adjustable rate mortgage (ARM) can increase using my own 5/1 ARM example. In
How High Can An Adjustable Rate Mortgage Increase? There’s A Cap Read More »
Are you wondering whether to pay down debt or leverage up to buy more property? It’s a good dilemma to have given interest rates are at record-lows. Meanwhile, the value of real estate is going up. We’re all spending more time at home and having a nice house rocks. Let me offer a framework on
Pay Down Debt Or Leverage Up To Buy More Property? Read More »
You would think there would be no mortgage refinance fees in a no-cost refinance. However, there are plenty of mortgage refinance fees to be aware of! They just aren’t apparent in the fee document. Please remember nothing is ever free when it comes to a mortgage refinance. The costs are baked in somewhere because banks
All The Mortgage Refinance Fees In A No-Cost Refinance Read More »
There was a refinance BOOM in 2020 and 2021 now because mortgage rates plummeted to all-time lows. Well-qualified borrowers are getting much lower rates than headline averages. Just be aware of a mortgage refinancing miscalculation that can prove to be costly: the lender taking forever. Let me tell you one of my favorite jokes. Elizabeth,
Beware Of A Mortgage Refinance Miscalculation That Could Be Costly Read More »
Don’t fight inflation. It will beat you with a stick. Ride inflation, so you can beat its ass instead. Investing is the key to long term wealth. I’m afraid there are a lot of anti-real estate people out there who are missing a crucial economic paradox that will leave them in worse financial shape when they no longer
The Inflation Interest Rate Paradox: Why You Must Continuously Invest Read More »
Losing a property bidding war never felt so good. Let me explain. It took about three months of intense searching to find my new home in the western portion of San Francisco largely because I was unfamiliar with the area and price points. Every house I saw looked cheap compared to where I used to live,
Losing A Property Bidding War Never Felt So Good Read More »
Some time over the next year, I should be receiving between $100,000 – $200,000 in gross capital back from 15 remaining real estate crowdfunding investments. My plan is to reinvest 100% of these proceeds back into multiple non-coastal city real estate crowdfunding deals across two or three platforms, instead of just one platform. This is
CrowdStreet: A Leading Real Estate Crowdfunding Platform Read More »
“Should I pay off my mortgage as soon as possible or not?” is a common question that many real estate investors wonder about. How do you decide? The answer is pretty simple actually. You should pay off your mortgage sooner if you have the money. By the way, the sky is blue. Thanks for nothing, you’re
Should I Pay Off My Mortgage Or Not? Read More »
