The Difference Between Second Homes and Investment Properties

The Difference Between Second Homes and Investment Properties

When describing property that is not considered a primary residence, the terms “investment property” and “second home” are often used interchangeably. But it’s much more than semantics. There are significant tax and mortgage financing differentiations between...
Have Uneven Income? You can Still Qualify for a Mortgage

Have Uneven Income? You can Still Qualify for a Mortgage

Not a W-2 earner? Not everyone is. And sometimes a conventional mortgage loan isn’t the answer to your unique work situation. Self-employed, independent contractors, gig workers, commissioned-based employees, landlords, or anyone else who does not have a standard W-2...
Buying Your First Investment Property

Buying Your First Investment Property

You’ve done your homework. You’ve calculated operating costs, evaluated margins, factored in unexpected costs, and considered return on the dollar. You’ve weighed all the risks and rewards and decided that investing in real estate is a great way to diversify your...
How do I know if I qualify for a Non-QM loan?

How do I know if I qualify for a Non-QM loan?

Conventional loans may not be the best-fit mortgage for everybody; borrowers with unique financial circumstances may have difficulty qualifying based on conventional lending requirements. The good news is non-qualified mortgages, or Non-QM loan products, are designed...
The Top 10 Hottest U.S. Housing Markets in 2021

The Top 10 Hottest U.S. Housing Markets in 2021

The real estate market outlook continues to be favorable for home sellers, with prices steadily rising since 2020. In fact, prices rose by 22.2 percent compared to 2019. And, with low interest rates and low inventory, bidding wars are pushing prices even higher. So,...