Getting Started With Fix and Flip Loans: A Comprehensive Guide
Fix and flip loans are a unique type of financing designed specifically for real estate investors looking to purchase, renovate, and sell a property within a short timeframe. Unlike traditional mortgage loans, fix and flip loans are often short-term and carry higher interest rates to accommodate the rapid turnaround and inherent risks associated with property flipping.
Buy Before You Sell Program: Unlocking Homeownership Dreams
Are you dreaming of your perfect home but worried about the challenges of selling your current one first? Cascade Mortgage’s innovative Buy Before You Sell program, powered by Homelight offers an enticing solution to make your dream home a reality. In this blog post, we'll discuss the key opportunities, features, and the streamlined process that set Cascade’s Buy Before You Sell program apart.
Fix-and-Flip Financing for First-Time Home Rehab Investors
Embarking on the journey of fix-and-flip real estate investment can be both exciting and challenging, especially for first-time investors. One of the crucial aspects of ensuring success in this venture is understanding the financing options available. "Hard money" financing is a popular choice among fix-and-flip investors due to its flexibility and speed. In this blog post, we'll delve into the fundamentals of hard money financing, exploring what it is, how it works, and why it might be the right choice for first-time fix-and-flip investors.
Life-Changing Events That Move the Housing Market
Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all these life-altering events, there is one common thread—the need to move.
The Main Reason Mortgage Rates Are So High
Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions:
Why Are Mortgage Rates So High?
When Will Rates Go Back Down?
Here’s context you need to help answer those questions.
Why Today’s Housing Market Isn’t Headed for a Crash
67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.
Wondering How Much You Need To Save for a Down Payment?
“. . . nearly a third of prospective homebuyers think they need a down payment of 20% or more to buy a home. This myth remains one of the largest perceived barriers to achieving homeownership.”