With prices falling in many markets around the country, some investors are left wondering if it’s still possible for them to turn properties for quick profits.  We want you to know that you absolutely can, but it’s critical that you do your pre-purchase analysis of the property very carefully.  Make sure that when you look for comparables to determine how much you’ll be able to eventually resell the property for that you realize that yesterday’s sale prices may be higher than tomorrow’s.  In other words, you need to anticipate that […]

This is an incredibly exciting time to be a real estate investor.  While much of the country is fixated on all the negative news (as they view it) of over-built neighborhoods, rising interest rates, and sagging prices, hopefully you’re able to see the silver lining and recognize the opportunity. The yield on the 10-year treasury note is on the rise, which directly influences the movement of interest rates (also on the rise lately).  As rates increase, fewer and fewer people can afford to buy, and those that do are having […]

One of the main determinants of the interest rate you’ll be charged on a loan for the purchase of a primary residence or an investment property is the strength of your FICO Score.  FICO Scores range from a potential low of 400 to a high of 850.  Your score generally rises as the length of your total credit history increases and as you demonstrate your dependability as a bill payer to make your scheduled payments on time.  When the length of your credit history is short or when you begin […]