Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like a little bit of a gut punch if you’re thinking about making a move. If you’re wondering whether or not you should delay your plans, here’s what you really need to know. How Higher Mortgage Rates Impact You There’s no den...
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and featu...
For most real estate investors, cash for down payments is the bottleneck. The choke point, the constraint that sets the speed limit on how fast you can build your rental portfolio. This means if you want to grow your portfolio faster, you need to solve the down payment problem.
Whether you're buying your first property or your 14th, try out the following ideas to make real estate investing more affordable.