Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to [email protected] Question from Louis in CT: Hi Brian, I’m looking for an innovative way to make real estate investments. I’ve been at this
10 Ways to Reduce the Cash You Need to Buy a Rental Property
Most of us would love to have five or ten rental properties generating passive income for us every month. Far fewer of us actually own any rentals, having bumped up against one tall barrier to entry: cash. It takes investment capital to build a portfolio of rental properties. Cash for the down payment, cash for
Unconventional loans grow in popularity
With home prices on the rise, a growing number of buyers are turning to unconventional types of loans to finance their purchases, especially in some western southern markets. Unconventional financing now accounts for around 28% of the new home build market, according to a new analysis of U.S. Census Bureau data by the National Association
Freddie Mac will finance loans for manufactured homes
Government-backed mortgage servicing organization Freddie Mac says it will begin financing loans for manufactured housing, in an attempt to make those homes more affordable to buyers. Freddie Mac said in a statement that the idea is to run a two year pilot program called CHOICEHome, which will provide financing in the form of a traditional
Buyers are coming up with bigger down payments than ever before
As would-be buyers struggle to compete against each other due to a tigher-than-ever supply of available homes to buy, some are upping the ante by putting down larger down payments
Fannie & Freddie launch new programs to encourage investment in rental properties
Investors are being encouraged to buy up more single-family rental properties thanks to the introduction of new financing programs with competitive rates from U.S. mortgage finance giants Fannie Mae and Freddie Mac.
Open Listings raises $6.5M to help you buy a home without a real estate agent
Open Listings, the home listings website that wants to do away with traditional real estate agents, has just raised $6.5 million in a Series A funding round
Using a credit card to finance your home renovation project might not be a smart idea
Using your credit card to finance home repairs will almost certainly cost more.