rentals: Investment Loan Types
- 08/28/07 03:30 AM
This is a complex topic and takes a lot of explanation. That’s probably why my video podcast on this top ended up being over 5 minutes long! I truly don’t intend to lose any of you, but I have been sent e-mails requesting information about the different types of loans for investment properties. Of course, please feel free to e-mail me if you need further explanation. There are 2 Types of Non-Owner Occupied Investment Loans: Secondary Market Loans. This is a 15, 20, or 30 year fixed rate loan for up to 10 loans. We only recommend sticking with a 15 … (0 comments)
rentals: 9 Tips to Repair Your Credit to Purchase a Home
- 08/15/07 07:06 AM
In our latest video podcast, Paul shares 9 tips to cleaning up and repairing your credit so that you can purchase a home either as your primary residence or investment (rental) property. Usually, when you purchase an investment home, most lenders require a credit score of 680 or higher. We break down the credit scores in our own opinion of what is good and not so good as follows: Below 620 = Not So Great 620-700 = Okay, Room for Improvement 700+ = Excellent Credit Now, if you're trying to improve your credit score, here are the 9 tips that we … (1 comments)
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