Image from Pexels By Rick Tobin Over the past several years, most short-term and long-term rental property owners created the bulk of their wealth from the annual equity gains related to buying and holding their properties as values increased anywhere between 10% to 40% per year. In California Continue Reading
How Much a Home Equity Loan Can be Useful to Pay Off Credit Card Debts?
Image from Pixabay By Catherine Burke You are not alone if you have recently faced financial challenges, such as a loss of employment, significant medical bills, or a tragic incident. The majority of the world's population is affected by the COVID scenario. Over 57% of American adults, for Continue Reading
Pros and Cons: Short-Term Loans vs. Long-Term Loans
Image from Pixabay By Michael Mikhail, CEO Stratton Equities Real estate investment loans can be tricky and it can be unclear at times which ones are the best. While there are many versions of loans, let’s go to the basics. There’s a time frame that you need to pay for your loan. It can be on Continue Reading
Are You a Candidate for a NO-DOC Loan?
Image from Pixabay By Stratton Equities You might be a candidate for a NO-DOC loan, or No documentation mortgage loan, if you do not meet the strict Consumer Financial Protection Bureau's (CFPB) mortgage loan conditions. This type of loan is a NON-QM loan and is designed for some rental Continue Reading
How to Benefit from a Private Money Loan
By Stratton Equities Banks used to be the only option for real estate investors trying to take out loans. Nowadays, private money lenders are allowing investors to borrow money under more flexible conditions. Banks and traditional financial institutions can reject your loan application for Continue Reading
Why Are Bridge Loans A Great Choice For Real Estate Investors?
Image from Pixabay By Stratton Equities In the world of private lending, real estate entrepreneurs are building strong careers investing in real estate utilizing asset-based loans. An asset-based loan product is based on the value of the available equity in the property, it closes faster Continue Reading
Benefits of NO-DOC Loans for Multi-family Properties
Image from Pixabay Special submission by Michael Mikhail, CEO of Stratton Equities If you’ve ever considered looking into purchasing real estate, it can almost be daunting to decide what time of property to purchase. The most common real estate investments are multi-family properties. These Continue Reading
Hard Money Loans & Why You Should Work with a Hard Money Lender
Photo from Pixabay By Michael Mikhail, CEO & Founder, Stratton Equities Are you looking to finance a real estate investment but cannot get conventional financing due to a recent foreclosure or short sale? A Hard Money Loan might be the right option for you. Working with a Hard Money Lender Continue Reading
Why the Most Important Partner in Your Real Estate Career Should Be Your Lender
By Victoria Kennedy As a real estate agent, you are only as good as the team that surrounds you. Whether it's your attorney, broker, or title agent, one needs an entire group of experts right at their fingertips. However, if you are not already working with a private money lender, then you are Continue Reading
3 Ways Mortgage Loan Officers Can Grow Leads Without Spending Money on Ads
By Luke Shankula The coronavirus pandemic has affected virtually every aspect of our daily lives, from schooling to socializing to business. Since lockdowns commenced nearly a year ago, I’ve had mortgage loan officers, long accustomed to building relationships and generating leads through Continue Reading
Behind the Scenes: What it Means to Service a Loan
Image by Mediamodifier from Pixabay Here at Ignite Funding we offer passive real estate investments that earn investors a 10%-12% annualized fixed income. All you have to do is choose an investment, fill-out some paperwork and send in your funds. Now you can sit back and enjoy your returns, but Continue Reading
Loans for Fix and Flip Investors
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How Deferment of Mortgage Payments May Affect Borrowers in the Long Run
By Edward Brown When Congress passed Section 4021 of the CARES Act in response to the effects of COVID-19, their intent was to help borrowers who were having problems making their mortgage payments. Little did Congress realize that they were potentially setting up borrowers for trouble in the Continue Reading
4 Reasons You Should Always Repay Your Loans
By Gabby Darroch If you’ve been with me for a while, you know you are not required to repay your policy loans. And if you’ve ever wondered, “If I don’t have to repay my loans, why should I?” let’s set the record straight. The Caveat In the initial stages of using your policy it’s important to note Continue Reading
