The View From Temple View

Investing in real estate is always a great way to build long term wealth while diversifying your portfolio, however a common hurdle for most first-time investors is the lack of funds. Learn what it means to leverage real estate.

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While it may seem like the most tedious and uninteresting part of the entire investment process, understanding how to approach a loan application will surely put you on the right track to getting your first, fifth, or tenth investment loan. After all, making the decision to invest in real estate is the easy part; putting your best foot forward to get from point A to point B can be tricky.

What documents do you need when preparing to meet and discuss with an interested lender? Find out what you need when starting a loan application for with your preferred lender.

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Ground-up construction can offer new avenues for investors who are having a hard time with the current state of inventory, as well as the private lenders who want to stretch the boundaries of what they can finance.

While much of the individual components of real estate investing – long-term vs. short term business plan, strategy, and individual assets and qualifiers – can be determined by an investor, there are times when certain decisions or processes are out of the investor’s hands and dictated by basic things like what state they live in. How a property is closed on is one example. Enter dry funding and wet funding.

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There are both pros and cons to owning a vacation rental property; ultimately, it’s dependent upon what your long-term goals are and then making an informed decision on whether a vacation rental property can get you there.

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Real estate investment can be a daunting option for wealth building, but the prospect of short-term rentals – or vacation rentals – is becoming increasingly popular routes for investors to take. When researching prospective locations, these are four boxes worth checking off before committing to any property.

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