Archive for: Real Estate & Renting

How Much Cash You Really Need To Buy A Home

One of the biggest shocks that homebuyers experience is finding out that they need to come to closing with a lot more money than just a down payment. It's hard enough to save for the down payment on your home, only to find out that you need more – oft … [Read more...]

How Do You Know When You’re Ready To Buy A Home?

Sibling rivalry doesn't end at childhood; just ask my sister. Amber bought her home at 25 years old, almost immediately after I purchased my house. She couldn't let her baby brother be the only homeowner in the family. After all, owning a home is … [Read more...]

How To Find The Best Online Mortgage Lenders

So, you’ve decided you want a home loan. Now begins the intimidating task of finding a mortgage lender to work with you. There are thousands of options – from your local banks and credit unions to national online mortgage lenders that handle your l … [Read more...]

With A SoFi Mortgage, Put As Little As 10% Down With Flexible Debt-to-income Limits

Traditionally, even well qualified homebuyers face a dilemma when applying for a mortgage: Put at least 20 percent down or pay private mortgage insurance (PMI). A new mortgage product from SoFi changes that equation. SoFi is a rapidly growing … [Read more...]

Where You Live Matters: 10 Cities With Affordable Housing And High Wages

What do many 30-year old millionaires, 35-year old retirees and the residents of Rochester, Minn. have in common? When it came time to decide where to live, they chose wisely. On the road to wealth, where you live can have a profound effect on … [Read more...]

How To Qualify For A Mortgage When You’re Self Employed

It can be difficult to apply for a mortgage even if you have a steady job. But qualifying for a mortgage when you’re self-employed is a real challenge. Mortgage lenders have a built-in bias against the self-employed. They tend to see salaried w … [Read more...]

How Your Credit Scores Affect Mortgage Rates

It's no surprise that your credit scores are instrumental in getting approved for a mortgage. Even so, you may not realize just how many ways your credit scores affect mortgage rates and all aspects of the mortgage application process. Your credit … [Read more...]

How Much House Can You Afford?

We first published "How Much House Can You Afford", but we've been getting a lot of questions about the subject recently. In fact, we've also been getting a lot of people asking why they haven't been approved for a mortgage. In many cases, we simply … [Read more...]

Why You Should Consider Real Estate Investing In Your Twenties

Buying rental properties can be a great investment if you take the time to educate yourself about the process and the best ways to get great returns. However, most people who are interested in buying rental properties or real estate as an investment … [Read more...]

How We Save: Investing In Real Estate On The Side, Even With Two Young Kids

At 31, Fermin Saucedo has his hands full. He’s the father of two young children, so it’s a new game for him financially speaking compared to a few years back. He has to figure out a way to save up for his kids’ education and do his part to support … [Read more...]