Entries by Klaus Mikaelson

Types of Investment Property Loans

Real estate is one of the best ways to build wealth, but most of the time some form of financing must be obtained to either acquire or rehabilitate the property. Selecting the type of loan is mitigating the returns on investment that you are going to earn. Now, various types of investment property loans exist […]

What is the Minimum Down Payment for an Investment Property?

Investing in real estate is a popular strategy for building wealth, offering long-term appreciation, rental income, and potential tax benefits. However, one of the most important considerations before jumping into the investment property market is the down payment. It is often higher for investment properties than for primary residences, and the amount you need to […]

Hard Money Loans for House Flipping

Discover flexible hard money loans tailored for house flipping. Secure quick funding to maximize your investment potential and achieve your real estate goals. Stepping into the real estate market, to any extent, can be tricky. There seem to be a billion factors to take note of and without a guiding hand- it is daunting. That […]

Understanding the Family Opportunity Mortgage

The Family Opportunity Mortgage (FOM) is a special type of home loan that helps families buy or refinance a home for a family member. This loan offers several benefits, including lower down payments and easier qualification rules. This guide will explain the Family Opportunity Mortgage, its advantages, and how it works. What is a Family […]

How to Put a House in a Trust with a Mortgage

Transferring a house into a trust, especially when there’s an existing mortgage, can be a strategic step in estate planning. This guide will walk you through the essential steps to make this process smooth and efficient, highlighting the key considerations to ensure you navigate this task successfully. Understanding Trusts and Mortgages What is a Trust? […]

What Is a Conventional Loan?

You’re probably in the market for a conventional loan if you’re trying to get the lowest possible rate on a house loan. It is, nonetheless, essential to comprehend the kinds of conventional loans that you might apply for before deciding on a lender. Each loan choice will have unique prerequisites, advantages, and disadvantages. Conventional Loans […]