3 Strategies For Buying Property With No Money Down
Everyone has heard a story or read about someone who bought a property without paying a single dime as a down payment. But how does this work?There are several "classic" methods commonly used to purchase real estate with no money down. There are an infinite variety of situations in a real estate ... more...

Second Mortgage / Home Equity vs. Refinance
Why should you take out a second mortgage or a home equity line of credit instead of refinancing?Well,You Shouldnt!!Why Not?1. Second Mortgages usually have an interest rant that is twice or even three times as high as your first mortgage rate. You can refinance instead and keep a very low rate. ... more...

Second Mortgage Lenders
As with any investment, taking a mortgage requires analysis. It is a good idea to research different mortgage lenders before choosing one. A mortgage lender is an individual or company the loans money. People have to repay the money loaned and interest. Choosing the correct moneylender is vital ... more...

The Zero Down 80/20 Mortgage
This is an excellent loan for those that are lacking the down payment required for other types of mortgages.The 80 20 mortgage is simply two loans for 100% of the purchase price. It is a first mortgage at 80% of the purchase price with a 20% second mortgage.If you are a conforming borrower, doing ... more...

Second Mortgages and Home Equity Loans
Second mortgages and home equity loans are perfect for homeowners needing money to make home improvements, eliminate debt, and so forth. These loans allow homeowners to obtain loans based on their home's equity. Home equity loans and second mortgages are better than refinancing because funds are ... more...

Refinancing Your House - How to Know Whether to Refinance or get a Second Mortgage
Refinancing your houses mortgage is not the same thing as getting a second mortgage. While both allow you to cash out your homes equity, terms and rates differ between the two types of loans. To know which financing option is best for you, learn each loans features and pick the one that best meets ... more...

Second Mortgages and Bad Credit
Nearly anyone can get a second mortgage. Gaining approval for a second mortgage is more difficult than getting a first mortgage, but is usually possible, but it is much more difficult for people with bad credit to be approved for a second mortgage. Bad credit occurs when someone has CCJs ... more...

Investing in Real Estate Profitably: Eliminating the Need for Mortgage Insurance
In an earlier article, we presented various options for ensuring that you have positive cash flow when holding rental houses, by minimizing loan payments. One problem which we now can address is to how to eliminate the need for paying mortgage insurance. Any loan with less than 20% down payment ... more...

Two Story Homes: More Bang For Your Buck
If you are going to build your own home and want to get more for your money, consider a two story home. There are major parts of the construction process that can save you money over building a ranch style home. The three major areas to cut costs are excavation, the foundation, and the roof ... more...